Commercial Real Estate Direct Staff Report An affiliate of Bronstein Properties has paid $41 million, or nearly $195/sf, for the 210,853-square-foot Gardens retail property in the northwestern New Jersey community of Flanders Bronstein, a Forest...
Crain’s Chicago Business ICM Properties has paid $31 million, or $430,556/unit, for the 72-unit Medallion apartment property in Chicago’s Lakeview neighborhood The Chicago company acquired the property, at 3121 North Broadway, from JSM...
Crain’s Chicago Business Novak Development has sold Webster Place, a 136,000-square-foot retail center in Chicago’s Lincoln Park neighborhood, for $678 million, or $49853/sf The local developer, which bought the property in 2021 for $293...
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...
Bisnow A venture of CP Group, The Georgetown Co, Acre, and StepStone has acquired Mizner Park, an 838,000-square-foot mixed-use property in downtown Boca Raton, Fla The buyers acquired the 30-acre complex from an affiliate of BGRE, formerly...
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...
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