Regional Digests
Childress Klein-Led Venture Sells Charlotte, N.C., Office Building for $16.65Mln
Charlotte Business Journal A venture of Childress Klein and The Springs Co. has sold Kingsley Park VII, a 58,937-square-foot office building in the Charlotte, N.C., suburb of Fort Mill, S.C., for $16.65 million, or about $282.51/sf. Waitt Co. of Omaha,...
Tampa’s Cove on the Bay Apartments Trade for $132Mln
Tampa Bay Business Journal Lurin has paid more than $132 million, or about $191,582/unit, for the Cove on the Bay apartment property in Tampa, Fla. The Dallas investment firm bought the 689-unit property from Gamma Real Estate, which had purchased...
Sarasota, Fla., Apartments Fetch $23.35Mln
Tampa Bay Business Journal Colliers' Florida Multifamily Team has negotiated the sale of the newly built Solle, a 47-unit apartment property in Sarasota, Fla., for $23.35 million, or about $496,809/unit. The buyer and seller were not identified. The Solle sits...
Charlotte, N.C., Industrial Building with 152,852 SF Sells for $13.5Mln
Charlotte Business Journal Edgewater Ventures and Stockbridge Capital Group have paid $13.5 million, or about $88.32/sf, for a 152,852-square-foot industrial building in Charlotte, N.C. The Boy Scouts of America sold the property, at 2109 Westinghouse Blvd., and will continue to...
Miami’s 1221 Brickell Office Building Sells for $286.5Mln
South Florida Business Journal An affiliate of Rockpoint Group has sold 1221 Brickell, a 656,821-square-foot office building in Miami for $286.5 million, or about $436.19/sf. A company managed by Randall Davis of Palm Beach, Fla., was the buyer. The 26-story...
378-Unit Apartment Project Planned for New Braunfels, Texas
San Antonio Business Journal Ground is breaking this fall on Prose New Braunfels, a 378-unit apartment property in New Braunfels, Texas. Alliance Residential Co. of Scottsdale, Ariz., is developing the 14-building project on a 3.5-acre at 216 South Kowald Lane,...
Albany Road Buys 2-Building Office Park in Fort Worth, Texas
Dallas Morning News Albany Road Real Estate has bought The Summit, a two-building office park near downtown Fort Worth, Texas. The Boston investor acquired the eight-story property, with more than 240,000 square feet, from Pennybacker Capital of Austin, Texas. The...
536,000-SF Office Building in Dallas’ Uptown Neighborhood for Sale
Dallas Morning News Crescent Real Estate is offering for sale McKinney & Olive, a 536,000-square-foot office building in Dallas' Uptown neighborhood. JLL has been tapped to market the 20-story property, which was built in 2016. It cost $225 million to...
West Hartford, Conn., Seniors-Housing Property Sold
Multi-Housing News Lloyd Jones has purchased the 113-unit Hamilton Heights seniors-housing property in West Hartford, Conn. Peregrine Senior Living sold the property, on a 10-acre site at 1 Hamilton Heights Drive, for an undisclosed price. Lloyd, of Miami, plans to...
Seniors-Housing Property Near Princeton, N.J., Trades for $97.5Mln
ROI-NJ.com Inspired Healthcare Capital has purchased the 195-unit Homestead at Hamilton seniors-housing property in Hamilton Township, N.J., for $97.5 million, or $500,000/unit. The Scottsdale, Ariz., investment manager bought the property, which sits on 20 acres at 2560 Kuser Road, from...
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