A venture of Acadia Realty Trust and Osiris Ventures has paid $1135 million, or $3,877/sf, for the 29,270 square feet of retail space at two buildings on Newbury Street in Boston’s Back Bay area The venture purchased the 10,328 sf at the base...
Commercial Real Estate Direct Staff Report Ballast has paid $485 million, or $440,909/unit, for the Three Sisters, three adjacent apartment properties with a total of 110 units in San Francisco The San Francisco investment manager acquired the...
Triad Business Journal Environmental Air Systems has bought the 500,160-square-foot industrial building at 5955 Summit Ave in Browns Summit, NC, for $5674 million, or $11344/sf The High Point, NC, company purchased the property from a venture of...
Ares Management has paid $446 million, or $30869/sf, for two industrial properties totaling 144,483 square feet in the San Francisco Bay Area cities of Hayward and Fremont, Calif The Los Angeles investment manager acquired the buildings from Link...
Dallas Business Journal Provident Realty Advisors Inc has paid $115 million for an industrial portfolio with more than 267 million square feet in the Memphis, Tenn, area The Dallas company purchased the 13-building portfolio from Blackstone Real...
The J Paul Getty Trust has paid $382 million for a 116-acre development site at 10918-10926 Le Conte Ave in Westwood, Calif The art institution acquired the site, which is currently home to a 9,647-square-foot office, from Beitler Commercial Realty...
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...
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...
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