Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash, about five miles east of Seattle The Chicago investment manager acquired the property, at 2758 78th Ave...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
Minneapolis/St Paul Business Journal Faegre Drinker Biddle & Reath has agreed to renew its 175,000-square-foot lease at Wells Fargo Center, a 12 million-sf office property in Minneapolis The law firm leases floors 20 through 27 in the 57-story...
Multi-Housing News Tishau Holdings Properties has paid $87 million, or $217,500/unit, for the 400-unit Mirasol Apartments in Las Vegas The Menlo Park, Calif, company acquired the property, at 2180 East Warm Springs Road, from Waterton of Chicago,...
Conditions in the national office market continue to stabilize, with certain gateway areas in full recovery mode New York is one of them SL Green Realty Corp, for instance, reported leasing spreads at replacement leases of 18% during the latest...
Multi-Housing News Pacific Urban Investors has paid $112 million, or $289,406/unit, for the 387-unit A’Capella Apartments in Lynnwood, Wash, a northern suburb of Seattle The Palo Alto, Calif, investor acquired the property, at 15001 35th Ave...
Phoenix Business Journal An affiliate of Baseline Partners has paid $2525 million, or $24902/sf, for Arrowhead Executive Center, a 101,397-square-foot office property in Glendale, Ariz, about 22 miles north of Phoenix The Mesa, Ariz, investment...
Commercial Observer David Yurman, a retailer of designer jewelry, has leased the nearly 24,000 square feet of retail space at the base of the Mandarin Oriental Residences at 685 Fifth Ave in Midtown Manhattan The retail space takes up the four...
Phoenix Business Journal EastGroup Properties Inc has paid $276 million, or $19337/sf, for Airgate, a 142,735-square-foot industrial property in Mesa, Ariz The Ridgeland, Miss, REIT acquired the property, at 7353 East Ray Road, from MIG Real Estate...
Rentvcom Velo3D has agreed to lease the 288,700-square-foot industrial building at 711 Challenger St in Livermore, Calif, a city that’s 42 miles east of San Francisco The deal is valued at $558 million The metal 3D printing company is taking...
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