Minneapolis/St Paul Business Journal Phillips Edison & Co has paid $38 million, or $24359/sf, for Chaska Commons, a 156,000-square-foot retail center in Chaska, Minn, a southwestern suburb of Minneapolis The Cincinnati REIT acquired the...
Bascom Group has paid $5313 million, or $290,301/unit, for the 183-unit Castlewood Park Apartments in the Los Angeles suburb of Buena Park, Calif The 63-year-old property, at 6968 Campus Drive, was acquired in a deal arranged by Marcus &...
Intercontinental Real Estate Corp has paid $695 million, or $555/sf, for the 125,233-square-foot Lakeland Town Center retail property in the Seattle suburb of Auburn, Wash The Boston investment manager bought the fully leased property, on a 126-acre...
Multi-Housing News Garibaldi Co has paid $653 million, or $199,085/unit, for Waterfield Square, a 328-unit apartment property in Stockton, Calif The local company bought the property, at 8035 Mariners Drive, from LivCor, a subsidiary of Blackstone,...
Hines Global Income Trust has paid $70 million for the 183,308-square-foot Wicker Park Commons retail property at 1279 North Milwaukee Ave in Chicago’s The Houston non-traded REIT bought the property, housed on the street-level floor of...
Commercial Real Estate Direct Staff Report A total of 192 loans with a balance of $303 billion backing private-label CMBS deals were defeased, or replaced by government securities during the first half of the year, according to Trepp Inc That...
Wall Street Journal Airbnb Inc is said to have purchased the 42,500-square-foot office building at 281 Park Ave South in Manhattan’s Midtown South submarket for $815 million, or $1,917/sf The historic building, commonly known as the Church...
Commercial Real Estate Direct Staff Report KPR Centers has paid $282 million, or $12469/sf, for Westwood Town Center, a 226,155-square-foot retail center in Rocky River, Ohio, a western suburb of Cleveland The New York investment manager acquired...
Burton Property Group has paid $76 million, or $195/sf, for the 389,471-square-foot Vestavia Hills City Center retail property in the Birmingham, Ala, suburb of Vestavia Hills, Ala The Mobile, Ala, developer, which started life as Smith’s...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
