Venture Buys Boca Raton, Fla., Mixed-Use Property

Multi-Housing News A venture of Timberlane Partners and EOS Residential Investors has paid $828 million, or $246,428/unit, for the 336-unit Canopy apartments in the Seattle suburb of Everett, Wash Timberlane, of Seattle, and EOS, of New York,...

The Real Deal Graymark Capital has paid $358 million, or $45780/sf, for the 78,200-square-foot office and research and development property at 1450 Kifer Road in Sunnyvale, Calif The San Francisco real estate firm acquired the building from...

Dallas Business Journal Scotiabank has acquired Victory Commons One, a 364,428-square-foot office building in Dallas’ Victory Park neighborhood The Toronto financial-services company bought the property from a venture of Hillwood Urban of...

New York Business Journal Atlas Capital Group has paid $143 million, or about $558,594/unit, for the 256-unit apartment property at 360 West 43rd St in Manhattan’s Hell’s Kitchen neighborhood The local real estate firm acquired the...

Washington Business Journal JBG Smith Properties has sold a 90% interest in 800 North Glebe Road in the Washington, DC, suburb of Arlington, Va, in a deal that values the 306,200-square-foot office building at $79 million The buyer of the stake was...

Triangle Business Journal DUMAC, the investment arm of Duke University, has bought Erwin Square Plaza, a 238,792-square-foot office building in Durham, NC Lionstone Investments of Houston sold the property, which sits on 742 acres at 2200 West Main...

Charlotte Business Journal Western-Southern Life Insurance Co has provided $81 million of construction financing for Sutherland at Piper Glen, a 299-unit apartment project under construction in Charlotte, NC RK Investors is developing the property...

Bisnow Terra Universal Inc has paid about $502 million, or roughly $369/sf, for the 136,200-square-foot industrial property at 1500 South Raymond Ave in Fullerton, Calif The industrial machinery and cleanroom manufacturer acquired the property from...

Chicago Business Journal Prime Finance has completed its purchase of 225 West Wacker Drive, a 650,812-square-foot office property in Chicago, for $115 million, or $17670/sf The San Francisco company teamed with Hines of Houston on its acquisition...