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Home > Vacant Boston-Area Office Sold at Near 81 Percent Discount
FCP has paid $4125 million, or $273,179/unit, for the 151-unit Yardley Monroe apartment property in the Charlotte, NC, suburb of Monroe, NC The property was developed by Taylor Morrison Inc of Scottsdale, Ariz, in 2014 It is comprised of detached...
Hull Property Group has acquired the Dayton Mall in Dayton, Ohio, for $37 million, resolving a long-troubled CMBS loan that had a $2078 million balance at the time of the retail property's purchase The transaction resulted in an $115 million loss to...
Bloomberg Palantir Technologies Inc is looking to lease additional office space in Manhattan The Denver data-integration company leases about 202,146 sf in Manhattan, including 140,345 sf at 620 Ave of the Americas The above first was reported by...
Commercial Observer GEICO has increased its footprint by 21,000 square feet to 121,000 sf at the 7272 Wisconsin Ave office property in Bethesda, Md The 348,000-sf building is owned by Carr Properties of Washington, DC CBRE represented Geico, while...
Commercial Observer CBRE has provided $96 million of Freddie Mac financing against the 360-unit Prospect Place apartment complex in the northern New Jersey city of Hackensack The two-building property, at 300-310 Prospect Ave, is owned by Khosla...
Commercial Observer JPMorgan Chase Bank has increased its footprint at the 171 million-square-foot 5 Manhattan West office property in Manhattan’s Hudson Yards area by 139,322 sf to 566,549 sf The bank was paying $9283/sf in annualized base...
South Florida Business Journal Azora Private has bought the 55,000-square-foot office building at 3480 Main Highway in Coconut Grove, Fla, for $61 million, or $1,109/sf The local investment firm purchased the five-story property from a venture of...
South Florida Business Journal Volta Global has paid $238 million, or $16587/sf, for the two-building retail and self-storage property at 5301 and 5315 West 20th Ave in Hialeah, Fla The Miami company purchased it from companies managed by Raul...
Triangle Business Journal DRA Advisors has bought Forty540 II, a 198,424-square-foot office building in Morrisville, NC, for $455 million, or $22931/sf The New York company purchased the five-story structure from FCP of Chevy Chase, Md, which had...
Commercial Real Estate Direct Staff Report Bridge33 Capital has paid $714 million, or $21698/sf, for the 329,061-square-foot Sparks Crossing retail property in the Reno, Nev, suburb of Sparks, Nev The Seattle investment firm acquired the property,...
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