Silicon Valley Business Journal Equinix has paid $51 million, or $204/sf, for a six-building office portfolio totaling 250,000 square feet in San Jose, Calif The data center developer and operator acquired the properties, at 6800 Santa Teresa Blvd,...
Commercial Observer Witnick Real Estate Partners has paid $225 million, or $424,528/unit, for the Henson, a three-building apartment property with 53 units on Manhattan’s Upper West Side The New York investor acquired the property from...
A fund managed by Crow Holdings Capital has paid $44 million, or $83214/sf, for the 52,876-square-foot Overlook at Oakbrook retail center in the Chicago suburb of Oak Brook, Ill The Dallas investment manager acquired the property, at 1715 to 1775...
TKF Burnside Real Estate Partners, a venture between former senior Brookfield Property executives Ric Clark and Dennis Friedrich, has $676 million, or $169/sf, for the 393,710-square-foot office property at 360 Hamilton Ave in White Plains, NY Clark...
Tampa Bay Business Journal Wood Partners has paid $225 million, or $13426/sf, for the former Bankers Financial Group headquarters building in St Petersburg, Fla The Atlanta company purchased the building, with 167,581 square feet at 11101 Roosevelt...
Crain’s Chicago Business RJW Logistics has agreed to fully lease a 788,000-square-foot industrial building at 26220 West 143rd St in Plainfield, Ill, a western suburb of Chicago The logistics company was represented by JLL, while CBRE...
An affiliate of Inland Real Estate Group has paid $190 million, or $650,694/unit, for the 292-unit Arboretum apartment property in the Long Island, NY, village of Farmingville, NY The Oak Brook, Ill, investment manager acquired the property from its...
Philadelphia Business Journal PMC Property Group, which is converting parts of two office buildings in Philadelphia into apartments, has agreed to buy the 176 million-square-foot Centre Square office building and is expected to pursue a similar...
Rentvcom Warren Resort Hotels has paid $225 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif The Santa Maria, Calif, company acquired the property, at 109 Bath St, from Ed St George, a local...
Crain’s Chicago Business Spear Street Capital is offering for sale the 650,812-square-foot office property at 225 West Wacker Drive in Chicago The San Francisco investment firm hired Cushman & Wakefield to market the property, which it...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
