Commercial Real Estate Direct Staff Report Los Angeles investors Danny Sooferian and Ramin Saghian have paid $6313 million, or $19544/sf, for the 323,016-square-foot Orange Center Tower office property in the Los Angeles suburb of Orange, Calif The...
Post Brothers is offering for sale the 285-unit Poplar and 212-unit Darien apartment properties in Philadelphia’s Poplar neighborhood, just north of the city’s downtown, or Center City, area The local developer has tapped Newmark to...
Commercial Property Executive CapRock Partners has paid $375 million, or $15316/sf, for Summit at Surprise, a 244,847-square-foot industrial property in Surprise, Ariz, about 21 miles northwest of Phoenix The Newport Beach, Calif, private equity...
Commercial Property Executive Stack Infrastructure, Blue Owl Capital’s data-center development arm, has paid $664 million for a 71-acre development site at 15140 Keyser Road in Culpeper, Va The Denver company acquired the property from RACM,...
South Florida Business Journal An affiliate of Starwood Asset Management has paid $6375 million for a pair of affordable housing communities with a combined 310 units in the Miami area The Miami Beach, Fla, company paid $34 million, or...
Orlando Business Journal Peachtree Group has purchased the 150-room Holiday Inn Express Cape Canaveral in Cape Canaveral, Fla, for $40 million, or $266,667/room The Atlanta investment manager bought the hotel from its developer, an affiliate of KWC...
Commercial Real Estate Direct Staff Report Bridge33 Capital has made its first investment in Virginia, paying $11712 million, or $259/sf, for the 451,972-square-foot 5th Street Station retail property in Charlottesville, Va The Chicago investment...
Puget Sound Business Journal An affiliate of BentallGreenOak, or BGO, has paid $152 million, or $638,655/unit, for Ballard Independent, a 238-unit apartment complex in Seattle The New York investment manager acquired the seven-story property from...
Philadelphia Business Journal An affiliate of Invesco has paid for $663 million, or $312,736/unit, for Spring House at Brandywine, a 212-unit apartment complex in West Chester, Pa The Atlanta investment manager bought the property from Coastal Ridge...
South Florida Business Journal Rivani has purchased the 404 Washington office and retail building in Miami Beach, Fla, for $315 million, or $20095/sf The local developer bought the 156,752-square-foot property from Dominion Partners LP of Sunny...
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