Decron Properties has paid $114 million, or $699,386/unit, for the 163-unit apartment property at 5550 Wilshire Blvd in Los Angeles The local investment manager bought the property from General Investment and Development, or GID, in a deal brokered...
New York Business Journal Acore Capital has taken ownership of two office buildings at 601-615 West 50th St in Manhattan’s Hell’s Kitchen neighborhood in a deed-in-lieu of foreclosure A venture of Beacon Capital Partners of Boston and...
Atlanta Business Chronicle A venture of KDC, Cadillac Fairview, and Compatriot Capital is offering for State Farm’s 106 million-square-foot headquarters complex in the Atlanta suburb of Dunwoody, Ga Newmark has been tapped to market the...
South Florida Business Journal An affiliate of Disaster Management Group has paid $1925 million, or $18815/sf, for a 102,310-square-foot warehouse at 15132 Park of Commerce Blvd in Jupiter, Fla The local company acquired the industrial property from...
Commercial Real Estate Direct Staff Report The Southridge Mall in Greendale, Wis, is on the cusp of being sold, subject to the assumption of the property’s long-delinquent $10087 million CMBs loan A total of 553,801 square feet of the 116...
Kimco Realty Corp has secured $1541 million of financing against a portfolio of six retail properties totaling 131 million square feet JLL Capital Markets arranged the debt on behalf of the Jericho, NY, REIT An institutional investor advised by...
Crain’s Chicago Business Vinayaka Hospitality is under contract to pay between $20 million and $25 million for the 520-room Wade Hotel in Chicago The Schaumburg, Ill, company is buying the property, at 644 North Lake Shore Drive, from Park...
South Florida Business Journal Alta Development is offering for sale the SoMi Walk student-housing project that’s under construction in Coral Gables, Fla The Miami developer is constructing the 173-unit property at 5959 SW 71st St, less than...
Orlando Business Journal Coastal Mechanical Services has leased 154,000 square feet of industrial space at Harbour Logistics Center, which is under construction in Melbourne, Fla The HVAC and plumbing company, an affiliate of Corvant of...
Orlando Business Journal Speed Bay Warehouse Solutions has paid a total of $1131 million for a pair of industrial properties totaling 514,915 square feet in Central Florida The Denver real estate firm paid $596 million, or $22923/sf, for the...
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