WP Carey Inc, one of the country's largest owners of net-leased real estate, has completed $16 billion of property acquisitions so far this year, putting it well on its way to reaching its expectation of up to $21 billion of deals for the year...
Tishman Speyer has formed a separately managed account with Dutch pension Bouwinvest Real Estate Investors to own the leasehold interest in Manhattan’s Chrysler Building and would pursue other trophy office properties across the country...
Crain’s Chicago Business Amcor Holdings has paid $115 million, or $9179/sf, for the 125,285-square-foot office building at 500 Davis St in the Chicago suburb of Evanston, Ill The Westmount, Quebec, investment firm acquired the property from a...
South Florida Business Journal Phillips Edison & Co has paid $164 million, or $35626/sf, for the 46,034-square-foot Planet Fitness Plaza in Pompano Beach, Fla The Cincinnati REIT acquired the retail property from an unidentified Fort Lauderdale,...
Atlanta Business Chronicle A venture led by SG Property Services has paid about $30 million, or $226/sf, for Peachtree Palisades, a roughly 133,000-square-foot office building in Atlanta’s Buckhead area Holder Properties, which had paid just...
Austin Business Journal DML Capital has acquired Lakeside at Quarry Oaks, a 123,272-square-foot office building in Austin, Texas The Houston private equity firm bought the property from Brick Row Holdings of Austin, which had acquired it from...
Crain’s Chicago Business JRK Property Holdings has paid $673 million, or $343,367/unit, for the 196-unit apartment building at 1250 North LaSalle St in Chicago’s Gold Coast neighborhood The Chicago investor acquired the property from a...
The Real Deal David Werner is said to be buying the 49% stake in the 103 million-square-foot 605 Third Ave office building in Midtown Manhattan from JPMorgan Asset Management, which offered the stake through Newmark The remaining stake in the...
Sorrento Property Group has sold the 324-unit Holly View Apartments in Houston for $315 million, or $97,222/unit, to Accel Equity Group Sorrento is a New York investor led by Raphael Toledano, who founded the company in 2012 It pursues apartments...
Commercial Real Estate Direct Staff Report ColRich has paid $524 million, or $196,254/unit, for the 267-unit Avia 266 apartment property in Mesa, Ariz The San Diego developer acquired the property from Geringer Capital of Beverly Hills, Calif, which...
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