The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
Commercial Real Estate Direct Staff Report An affiliate of Ashley Furniture has paid $339 million, or $16503/sf, for the 205,413-square-foot Bridge Point Tacoma 210 industrial property in Tacoma, Wash The home furnishing company acquired the...
Sym Investments has paid $131 million, or $392,215/unit, for Edison Lofts, a 334-unit apartment property in the New York suburb of West Orange, NJ The Cedarhurst, NY, investor bought the property, at 33 Ashland Ave, from Prism Capital Partners in a...
Fabrinet, which recently purchased the Stadium Place office and research and development property in Santa Clara, Calif, plans to occupy 57% of the 225,000-square-foot complex The Bangkok company is a service provider for the manufacturing of...
Multi-Housing News JB Matteson has paid $723 million, or $251,042/unit, for the 288-unit Vantage at Loveland apartments in Loveland, Colo, about 15 miles south of Fort Collins, Colo The San Francisco investor acquired the property, at 1430 South...
New York Business Journal Terreno Realty has paid $263 million, or $93929/sf, for a 28,000-square-foot industrial building at 659 Court St in Brooklyn, NY The Bellevue, Wash, REIT purchased the property from a company calling itself 659 Court Street...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
Triangle Business Journal Turnbridge Equities has paid $719 million, or $224,688/unit, for the 320-unit SkyHouse Raleigh apartment building in Raleigh, NC The New York real estate investor acquired the 23-story property from World Wide Group, also...
Jacksonville Business Journal Bluecrest Capital Advisors has paid $2815 million, or $12483/sf, for Cypress Point Business Park, a 225,500-square-foot flex/industrial property in Jacksonville, Fla The Nashville, Tenn, company purchased the property...
Charlotte Business Journal Perkins Fund has paid $249 million, or $13521/sf, for the 184,144-square-foot 301 Midtown office building in Charlotte, NC The Raleigh, NC, investor purchased the property from The Fallon Co of Boston, which acquired it...
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