EQT Real Estate has paid $558 million, or $14308/sf, for the Blankenbaker Station Portfolio, a two-building industrial property with 390,000 square feet in Louisville, Ky The Radnor, Pa, investment manager acquired the property from a venture of...
South Florida Business Journal A venture of Terra and AB Asset Management has lined up $410 million of financing for the construction of the 194-unit Well Coconut Grove condominium project in Miami Walker & Dunlop arranged the financing The...
South Florida Business Journal Bridgeton Holdings has bought the Sheraton Miami Airport Hotel, a 405-room property near Miami International Airport, for $675 million, or $166,667/room The New York company purchased the 10-story property from HHM...
Commercial Property Executive Electric Research and Manufacturing Cooperative Inc has paid $91 million, or $16542/sf, for a 550,121-square-foot industrial building within the Virgin Industrial Park in Waddell, Ariz, a western suburb of Phoenix The...
Atlanta Business Journal Toyota Motor Credit Corp has expanded its presence at the Northwinds Office Park in suburban Atlanta to 145,000 square feet The company, a unit of Toyota Financial Services, previously had been leasing 134,000 sf It was...
South Florida Business Journal Carlyle Management Corp has paid $30 million, or $44453/sf, for Delray Landing, a 67,487-square-foot shopping center in Delray Beach, Fla The Boca Raton, Fla, company purchased the retail plaza from PEBB Enterprises,...
Net Lease Office Properties, which was formed nearly three years ago through the spin-off of WP Carey Inc's office portfolio, so far has sold 37 of its original 59 properties, leaving it with 22 properties that generate $2891 million of annualized...
Charlotte Business Journal Penzance has bought Presley Oaks, a 318-unit apartment complex in Charlotte, NC, for $65 million, or $204,403/unit The Washington, DC, investment firm purchased the 19-building property from American Landmark Apartments...
Multi-Housing News Penzance has paid $755 million, or $190,657/unit, for the 396-unit Compass at City Center apartment complex in Newport News, Va The Washington, DC, company acquired the property from DF Ventures, the investment arm of Drucker +...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
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