The 53,617-square-foot 25 Taylor St office building in San Francisco’s Civic Center area has changed hands, resolving a distressed $1693 million CMBS loan against it The seven-story building, which also houses the Golden Gate Theater, was sold...
Phoenix Business Journal An affiliate of Baseline Partners has paid $2525 million, or $24902/sf, for Arrowhead Executive Center, a 101,397-square-foot office property in Glendale, Ariz, about 22 miles north of Phoenix The Mesa, Ariz, investment...
Sagard Real Estate has paid $569 million, or $254/sf, for the 223,977-square-foot industrial property at 27 Distribution Way in Monmouth Junction, NJ The Denver investment manager, the former EverWest, bought the property from CenterPoint Properties...
Dallas Business Journal Hobbs Brook Real Estate has acquired the Fifth Third Bank Tower, a 313,417-square-foot office building in the Dallas suburb of Frisco, Texas The Waltham, Mass, property management company purchased the property from Blue Star...
Houston Business Journal Dhanani Private Equity Group has acquired a 165,000-square-foot office building at 13905 University Blvd in the Houston suburb of Sugar Land, Texas The Stafford, Texas, investment company purchased the three-story property...
Phoenix Business Journal EastGroup Properties Inc has paid $276 million, or $19337/sf, for Airgate, a 142,735-square-foot industrial property in Mesa, Ariz The Ridgeland, Miss, REIT acquired the property, at 7353 East Ray Road, from MIG Real Estate...
South Florida Business Journal MDH Partners has paid $401 million, or $30337/sf, for a 132,180-square-foot warehouse in Sunrise, Fla The Atlanta investor acquired the industrial property from LIT Industrial, the industrial investment arm of Clarion...
Atlanta Business Chronicle An affiliate of Mesirow has paid $132 million, or $412,500/unit, for the 320-unit Sixty 11th Apartments in Midtown Atlanta The Chicago investment manager purchased the 20-story building through its Mesirow Financial Real...
Plaza at Normandy, a 58,691-square-foot retail property in Jacksonville, Fla, has changed hands for $2069 million, or $35244/sf The two-year-old property sits on 16 acres at 11341 Normandy Blvd and is anchored by a Publix grocery store, which...
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.
