AZ Big Media Southwest Value Partners has paid $86 million, or $38739/sf, for Esplanade III, a 222,000-square-foot office building in Phoenix The company, co-headquartered in Nashville, Tenn, and San Diego, acquired the 10-story property from an...
NorthPoint Development has paid $875 million, or $16369/sf, for a nine-building industrial portfolio with 534,550 square feet in Benicia, Calif, a northern suburb of San Francisco CBRE arranged the transaction on behalf of the portfolio’s...
Minneapolis / St Paul Business Journal Industrial Realty Group has paid $21 million, or $4976/sf, for the former Sportsman’s Guide headquarters and distribution facility in South St Paul, Minn The Los Angeles investor bought the...
Ashford Hospitality Trust Inc has sold the 351-room Hyatt Regency Savannah in Savannah, Ga, for $158 million, or $450,142/room The Dallas hotel REIT sold the property to a venture of Certares Real Estate Management of New York and Clearview Hotel...
Connect CRE Invesco Real Estate has paid $995 million, or $12219/sf, for Crossroads Logistics Park, an 814,320-square-foot industrial property in Spartanburg, SC The Atlanta investment manager acquired the three-building property from a venture of...
Majestic Realty has paid $2725 million, or $47963/sf, for the 56,815-square-foot office and research and development property at 401 Coral Circle in El Segundo, Calif, about 18 miles south of Los Angeles The City of Industry, Calif,...
Commercial Real Estate Direct Staff Report Waterton has paid $155 million, or $450,581/unit, for Arrivé, a 344-unit apartment property in Seattle’s Belltown neighborhood The Chicago investor acquired the 43-story property, at 2116 4th Ave,...
Austin Business Journal A joint venture of Trademark Property Co and Cohen & Steers has bought Oak Hill Plaza, a nearly 116,000-square-foot shopping center in Austin, Texas Trademark Property, of Fort Worth, Texas, and Cohen & Steers, of New...
Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
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