Commercial Real Estate Direct Staff Report Phillips Edison & Co has paid $2578 million, or $55553/sf, for Shops at Plaza West Covina, a 46,406-square-foot retail center in West Covina, Calif The Cincinnati REIT acquired the property, at 310...
The Real Deal Vladimir Novakovic, the owner of Terranova Property, has paid $30 million, or $135,135/unit, for the Eclipse at 1450 apartment complex in the Chicago suburb of Mount Prospect, Ill The Rolling Meadows, Ill, investor acquired the...
Crain’s New York Business The five CMBS trusts that hold portions of a $215 million mortgage against 681 Fifth Ave in Midtown Manhattan took title to the 82,573-square-foot mixed-use building at a foreclosure auction on Tuesday The property...
South Florida Business Journal Madison Realty Capital has provided $200 million of financing for the construction of the Ritz-Carlton Residences in West Palm Beach, Fla The New York company provided the loan to a venture of Related Group of Miami...
Orlando Business Journal Second Horizon Capital has paid $5625 million, or $8001/sf, for the 703,000-square-foot Melbourne Square enclosed shopping mall in Melbourne, Fla The Boca Raton, Fla, investment firm purchased the retail property from...
AZ Big Media An affiliate of Wentworth Property Co has paid $2675 million, or $11216/sf, for the 238,500-square-foot office property at 25500-25600 North Norterra Drive in Phoenix The local investment firm acquired the two-building complex from...
Crain’s Chicago Business L3 Capital has paid $501 million, or $38027/sf, for the 131,748-square-foot retail center at 3030 North Broadway in Chicago The local investor acquired the property from SITE Centers, which bought it in 2017 for $81...
An affiliate of Richemont Americas, whose Van Cleef & Arpels luxury jewelry retail operation occupies 690 Madison Ave on Manhattan’s Upper East Side, has purchased the five-story building for $545 million, or $6,943/sf The Swiss company...
Houston Business Journal First Community Credit Union has bought the 470,623-square-foot office building at 1002 Noble Energy Way in Houston The locally based credit union purchased the 20-story property, formerly known as Noble Energy Center Two,...
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