Commercial Property Executive Western Realco has paid $407 million, or $30410/sf, for a 133,836-square-foot office property at 600 East Vermont Ave in Anaheim, Calif The Newport Beach, Calif, investment firm acquired it from Rexford Industrial in a...
Commercial Property Executive Hillwood has paid $417 million, or $7524/sf, for 70 Connect II, a 554,228-square-foot industrial property in Greenfield, Ind, an eastern suburb of Indianapolis The Dallas company acquired the property from Lauth Group...
Crain’s Chicago Business Nuveen has paid $27 million, or $29032/unit, for Elston Plaza, a 93,000-square-foot retail center in Chicago The New York investment manager acquired the property, at 3570 North Elston Ave, from DWS Group, which bought...
Commercial Observer Empire State Realty Trust Inc has paid $46 million, or $2,149/sf, for the 21,400 square feet of commercial space at 127 Kent Ave in the Williamsburg section of Brooklyn, NY The New York REIT acquired the space from Joyland Group...
Crain’s Chicago Business FPA Multifamily has paid $23 million, or $184,000/unit, for the 125-unit Park City Apartments in Oak Park, Ill The San Francisco investment manager acquired the property, at 675 Lake St, from Intercontinental Real...
LA Business First A development group led by Lowe has broken ground on Carina, a 408-unit apartment property in Santa Ana, Calif The Los Angeles developer is building the property at 2828 North MainPlace Drive, about 31 miles southeast of Los...
Austin Business Journal An affiliate of SB Energy has bought the 107-acre former 3M campus in Austin, Texas, for an undisclosed price The Redwood City, Calif, company purchased the property from Karlin Real Estate of Los Angeles, which recently...
South Florida Business Journal City National Bank of Florida has provided $58 million of financing for the construction of the Oasis at Doral mixed-use development in Doral, Fla A venture of Apollo Cos and Triarch Capital Group, both of Aventura,...
Crain’s Chicago Business Braemar Hotels & Resorts is offering for sale Sofitel Chicago Magnificent Mile, a 415-unit hotel in the city’s Gold Coast neighborhood The Dallas REIT, formerly known as Ashford Hospitality Prime Inc, hired...
Crain’s Chicago Business Ante has paid $21 million, or $355,932/unit, for the 59-unit Portrait Apartments in the Uptown neighborhood of Chicago The family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional...
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