A venture led by Tishman Speyer has paid $235 million, or just less than $196/sf, for the leasehold interest in the 12 million-square-foot Chrysler Building in midtown Manhattan The venture bought the iconic 77-story building, at 405 Lexington Ave,...
Atlanta Business Chronicle Hines has paid about $240 million, or $769,231/unit, for 99 West Paces, a 312-unit apartment property in Atlanta’s Buckhead neighborhood The seller was not immediately known The 13-story property, at 99 West Paces...
Puget Sound Business Journal Bank OZK has provided $725 million for the development of the Brizo, a 239-unit apartment property in downtown Bellevue, Wash The loan was provided on behalf of the developer, SRM Development of Spokane, Wash, which is...
Federal Realty Investment Trust has paid a net $498 million, or just more than $572/sf, for the Summit, a 104 million-square-foot open-air retail property in Birmingham, Ala, that includes 870,000 sf of non-anchor-owned space The North Bethesda, Md,...
Philadelphia Business Journal A venture of Westport Capital Partners and Ajax Partners has paid $505 million, or $15538/sf, for a 325,000-square-foot flex industrial property at 500 Virginia Drive in Fort Washington, Pa Westport, of Darien, Conn,...
Amazoncom Inc has paid $195 million, or nearly $342/sf, for the 571,423-square-foot industrial property at 1237 West Division St in Chicago’s Goose Island neighborhood The e-commerce giant bought the two-story building—the first multi-story...
A venture of GT Capital and Benaroya Co has paid $483 million, or $8936/sf, for the 540,589-square-foot office property at 901 Fifth Ave in downtown Seattle The sale was first reported by the Puget Sound Business Journal GT Capital, of Seattle, and...
Philadelphia Business Journal Vitrian has paid $70 million, or $23760/sf, for a 294,611-square-foot life-sciences and flex portfolio in the Philadelphia suburb of Malvern, Pa The Bethesda, Md, real estate firm acquired the properties from a venture...
New York Business Journal An affiliate of Palette Hotels has paid $72 million, or $203,966/room, for the 353-room DoubleTree by Hilton New York LaGuardia Airport Hotel in the East Elmhurst neighborhood of Queens, NY The Manhattan hotel management...
South Florida Business Journal An affiliate of Investments Limited has paid $3815 million, or $15273/sf, for a 249,794-square-foot office building at 555 South Federal Highway in Boca Raton, Fla The local real estate firm acquired the property from...
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