Federal Realty Investment Trust has paid a net $498 million, or just more than $572/sf, for the Summit, a 104 million-square-foot open-air retail property in Birmingham, Ala, that includes 870,000 sf of non-anchor-owned space The North Bethesda, Md,...
Amazoncom Inc has paid $195 million, or nearly $342/sf, for the 571,423-square-foot industrial property at 1237 West Division St in Chicago’s Goose Island neighborhood The e-commerce giant bought the two-story building—the first multi-story...
Philadelphia Business Journal Posel Management Co is offering for sale a portfolio of 16 retail properties totaling 631,832 square feet in the Philadelphia area The Philadelphia company has tapped Marcus & Millichap to market the properties...
A venture of GT Capital and Benaroya Co has paid $483 million, or $8936/sf, for the 540,589-square-foot office property at 901 Fifth Ave in downtown Seattle The sale was first reported by the Puget Sound Business Journal GT Capital, of Seattle, and...
Philadelphia Business Journal Riverwards Group has lined up $358 million of construction financing for the second phase of Somerset Station, a 170-unit apartment project in Philadelphia’s Port Richmond neighborhood D2 Capital Advisors arranged...
Philadelphia Business Journal Vitrian has paid $70 million, or $23760/sf, for a 294,611-square-foot life-sciences and flex portfolio in the Philadelphia suburb of Malvern, Pa The Bethesda, Md, real estate firm acquired the properties from a venture...
New York Business Journal An affiliate of Palette Hotels has paid $72 million, or $203,966/room, for the 353-room DoubleTree by Hilton New York LaGuardia Airport Hotel in the East Elmhurst neighborhood of Queens, NY The Manhattan hotel management...
South Florida Business Journal An affiliate of Investments Limited has paid $3815 million, or $15273/sf, for a 249,794-square-foot office building at 555 South Federal Highway in Boca Raton, Fla The local real estate firm acquired the property from...
Tampa Bay Business Journal An affiliate of Hines has paid $561 million, or $13495/sf, for a 415,717-square-foot warehouse at 1820 Massaro Blvd in Tampa, Fla The Houston real estate firm purchased the industrial property from an affiliate of Hove...
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