Commercial Real Estate Direct Staff Report Levine Investments has paid $615 million, or $20731/sf, for Rio West Business Park, a five-building office property with 296,663 square feet in Tempe, Ariz The Phoenix investment firm acquired it from...
Benedict Canyon Equities has paid $4275 million, or $323,863/unit, for Sunrise Fountain, a 132-unit apartment property in Anaheim, Calif The Los Angeles investment manager acquired the property, at 2104 South Lewis St, from Consensys Property...
The Wall Street Journal Citadel Enterprises America might not move forward with its planned 185 million-square-foot office project at 350 Park Ave in Midtown Manhattan The move would be in response to the city and state’s proposal to impose a...
Commercial Real Estate Direct Staff Report A record 252 million young adults were living with family last year, up by almost 1 million from the previous year That topped the 25 million young people—those between 18 and 34 years old—who lived...
AZ Big Media Creation Equity has paid $1805 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz The Phoenix developer is planning to build a 699,700-square-foot industrial property on...
Commercial Observer G4 Capital Partners has taken title to the 81,000-square-foot mixed-use property at 206 Kent Ave in the Williamsburg section of Brooklyn, NY The New York lender provided $8425 million of financing in 2020 The property’s...
South Florida Business Journal A venture of Driftwood Capital and Merrimac Ventures has bought the 174‑room Courtyard by Marriott Fort Lauderdale Weston hotel for $2275 million, or $130,747/room A venture of Ashford Hospitality Trust and Artemis...
South Florida Business Journal Related Group and BH Group have lined up $360 million of financing for the construction of the Icon Beach Waterfront Residences in Hollywood, Fla Tyko Capital of New York provided the loan Groundbreaking is scheduled...
South Florida Business Journal A venture of Bain Capital Real Estate and Alliance HP has paid $52 million, or $15476/sf, for Bridge Point Pompano Beach Commerce Park, a 336,000‑square‑foot industrial complex in Pompano Beach, Fla Bain, a Boston...
Charlotte Business Journal A venture of Riverside Investment & Development and Singerman Real Estate has paid $365 million, or $4563/sf, for 301 South Tryon, a two-building office complex in Charlotte, NC The Chicago-based venture purchased the...
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