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...
Phoenix Business Journal Amazoncom has signed a lease for 106 million square feet at West 202 Logistics, a 34 million-sf industrial property in Phoenix CapRock Partners of Newport Beach, Calif, owns the eight-building complex, which was completed in...
Puget Sound Business Journal A group led by Bellwether Housing will break ground soon on Prisma, a 328-unit apartment property in Redmond, Wash The Seattle developer will build the six-story property at 2888 Da Vinci Ave NE, about 12 miles east of...
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...
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,...
Commercial Real Estate Direct Staff Report Stockdale Capital Partners has paid $11025 million, or $329,105/unit, for Avant at Fashion Center, a 335-unit apartment property in Chandler, Ariz The Los Angeles investment manager acquired the property,...
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