Commercial Real Estate Direct Staff Report BXP Inc has sold $11 billion of its properties, putting it nearly 60% of the way to its $19 billion target The Boston REIT, the former Boston Properties Inc, set its disposition plans in motion last year,...
South Florida Business Journal IMC Equity Group has paid $335 million, or $164,216/unit, for the Pine Grove Apartments, a 204-unit complex in Homestead, Fla The North Miami company purchased the property from Marlin Spring US Realty of Toronto,...
Charlotte Business Journal Passco Cos has purchased the 340-unit Preston Ridge Apartments in Hickory, NC, for $731 million, or $215,000/unit The Irvine, Calif, company bought the property from an affiliate of Lat Purser & Associates of...
Crain’s Chicago Business An affiliate of AmTrust RE has handed over the 900,000-square-foot office property at 33 West Monroe St in Chicago to its lender through a deed-in-lieu of foreclosure The lender, Kohan Retail Investment Group, bought...
Crain’s Chicago Business Ante has paid $21 million, or $375,000/unit, for the 56-unit Harmony Apartments in Chicago The company is the family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional basketball team...
Orlando Business Journal Chosen Hospitality has paid $2310 million for a pair of neighboring hotels with a combined 193 rooms in Palm Bay, Fla, about six miles southwest of Melbourne, Fla The sellers were not identified The four-story properties are...
Triangle Business Journal Black Mountain has bought the two-building West End Center office complex in Winston-Salem, NC, for $1905 million, or $4095/sf The Fort Worth, Texas, energy company purchased the 465,148-square-foot property from a pair of...
Philadelphia Business Journal L&B Realty Advisors has paid $824 million, or $359,825/unit, for the 229-unit Granary apartment property in the Logan Square section of Philadelphia The Dallas investment manager acquired the property from LaSalle...
Minneapolis/St Paul Business Journal Greystar Worldwide has paid $53 million, or $200,757/unit, for the 264-unit Arbor Glen apartments in Maple Grove, Minn, a northwestern suburb of Minneapolis The Charleston, SC, real estate giant acquired the...
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