Chicago Business Journal TradeLane Properties has paid $301 million, or $5154/sf, for the 584,000-square-foot industrial property at 2001 Baseline Road in Montgomery, Ill, about 47 miles west of Chicago The Oakbrook Terrace, Ill, industrial investor...
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company...
Commercial Observer Imperial Sterling has paid $292 million, or $1,663/sf, for the 17,553-square-foot mixed-use property at 1151 Broadway in the NoMad section of Manhattan The Huntington, NY, investor acquired the property from Premier Equities of...
Commercial Real Estate Direct Staff Report An affiliate of MetLife Investment Management has paid $4585 million, or $327,500/unit, for Grandstone at Sunrise, a 140-unit apartment property in Peoria, Ariz, a northern suburb of Phoenix The Los Angeles...
Atlanta Business Chronicle Coro Realty Advisors has paid $1677 million, or $20,036/unit, for the 837-unit Space Shop self-storage facility at 3000 Delk Road in the Atlanta suburb of Marietta, Ga The Atlanta real estate investment and management...
Orlando Business Journal Wideman Co has purchased the stake it didn’t already own in the Truist Plaza mixed-use building in downtown Orlando, Fla, in a deal that valued the 28-story property at $928 million The local company, whose...
Vornado Realty Trust Inc has agreed to acquire a 49% stake in the 115 million-square-foot Park Avenue Plaza office building in Midtown Manhattan in a deal valuing the 44-story building at $11 billion The New York REIT is buying the stake from Closer...
Crain’s Chicago Business Banco Inbursa has provided $125 million of financing against the 192-room St Regis Chicago hotel The loan allows the property’s owner, a venture of Gencom Group and GD Holdings, to retire a $76 million mortgage...
Minneapolis/St Paul Business Journal Phillips Edison & Co Inc has paid $2765 million, or $24254/sf, for Prairieview Center, a 114,000-square-foot retail property in Eden Prairie, Minn The Cincinnati REIT acquired the shopping center from United...
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