Digital Realty has agreed to pay $35 billion to increase its ownership stake in three data centers with 288 megawatts of power capacity that are being constructed in Northern Virginia The data-center REIT, which is developing the properties in a...
Multi-Housing News Goldman Sachs & Co has paid $814 million, or $315,503/unit, for Broadstone Seventh Street, a 258-unit apartment property in Phoenix The banking giant acquired the property in an all-cash deal from its developer, Alliance...
Houston Business Journal American National Insurance Co has sold One Moody Plaza, a 395,182-square-foot office building in Galveston, Texas The buyer and purchase price were not disclosed The property has an appraised value of $364 million,...
Buffalo Business First Uniland Development Co has acquired a 205,000-square-foot warehouse at 500 Bailey Ave in Buffalo, NY, for $194 million, or $9463/sf The Amherst, NY, company purchased the industrial property from an affiliate of Reich Brothers...
Multi-Housing News Camden Property Trust has paid $435 million, or $221,939/unit, for the 196-unit Grove at Shadow apartment complex in the Nashville, Tenn, suburb of Franklin, Tenn The Houston REIT purchased the 15-building property from Eaton...
American Landmark Apartments has paid $515 million, or $214,583/unit, for Woodland Pointe Residences, a 240-unit apartment property in Nashville, Tenn The purchase price was first reported by the Nashville Business Journal The Tampa, Fla,...
Multi-Housing News Connor Group has paid $382 million, or $141,481/unit, for Hurstbourne Estates, a 270-unit apartment property in Louisville, Ky The Dayton, Ohio, investor acquired the property, at 10405 Watermark Place, from Peak Capital Partners,...
Philadelphia Business Journal A venture of Legend Realty and the Adjmi family has paid $21 million, or $18103/sf, for the 116,000-square-foot Six Tower Bridge office building in the Philadelphia suburb of Conshohocken, Pa Brandywine Realty Trust...
Triad Business Journal A venture of Vision Real Estate Partners and Principal Asset Management has paid $30 million, or $8121/sf, for a 369,420-square-foot industrial building at 1017 Corporate Park Drive in Mebane, NC Vision, of Mountain Lakes, NJ,...
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