Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
Denver Business Journal Speed Bay Warehouse Solutions has paid $715 million, or $15343/sf, for the 466,000-square-foot Park Industrial Center in Commerce City, Colo The local company acquired the property, at 5750-6360 East 58th Ave, from Kew Realty...
ConnectCRE Belkorp has paid $4415 million, or $25257/sf, for the 174,800-square-foot industrial property at 3809 East Watkins St in Phoenix The Vancouver, British Columbia, investment firm purchased the building from LBA Realty of Irvine, Calif, in...
MF1 Capital, best known as a provider of bridge financing against apartment properties, is tapping the CMBS market with a $73422 million conduit-like transaction backed by fixed-rate loans against apartment...
Charlotte Business Journal InvenTrust Properties Corp has paid $166 million, or $56436/sf, for the 29,414‑square‑foot retail center at 3609 South Blvd in Charlotte, NC The Downers Grove, Ill, REIT purchased the property from an affiliate of...
South Florida Business Journal Publix Super Markets Inc has paid $78 million, or $43642/sf, for the 178,726‑square‑foot Fountains of Boynton Shopping Center in Boynton Beach, Fla The Lakeland, Fla, grocery store chain acquired the retail...
Principal Financial Group has paid $8063 million, or $21051/sf, for the 383,000-square-foot Capital Marketplace retail property in Raleigh, NC The Des Moines, Iowa, company purchased the property from Finmarc Management Inc, which purchased it in...
A venture of Basis Industrial and One Investment Management has paid $8948 million, or nearly $144/sf, for a portfolio of 25 shallow-bay industrial buildings with 621,759 square feet in the suburban Atlanta The venture bought the portfolio from...
The Real Deal An affiliate of Hennick & Co has paid $66 million, or $857,143/room, for the shuttered Chambers Hotel Central Park South in Midtown Manhattan The Toronto investment company bought the 14-story property from an affiliate of BD...
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