Maturing CMBS Mall Loans Start Piling Up
July 23, 2021
INITIAL PRICING: Benchmark Mortgage Trust, 2021-B27
July 16, 2021
Southeast
Venture Buys 370,000-SF Office Park in Charlotte, N.C.
Charlotte Business Journal A venture of CP Group and Siguler Guff has bought the 370,000-square-foot Harris Corners office park in Charlotte, N.C. The seller and purchase price were not disclosed. The three-building complex, just off Interstate 77 at Harris Boulevard,...
Massive Mixed-Use Project Proposed for Downtown Tampa, Fla.
Tampa Bay Business Journal Plans were filed yesterday for a large mixed-use project in downtown Tampa, Fla. Darryl Shaw, chief executive of BluePearl Veterinary Partners, is teaming up with Kettler, a Washington, D.C., developer, to build the property. The development...
Ground Breaks on 642-Unit Apartment Property in Hialeah, Fla.
South Florida Business Journal A venture of Related Group and Fontainebleau Development has broken ground on Las Carreras, a 642-unit apartment property in Hialeah, Fla. The project is being built on 28.3 acres at 7218 West Fourth Ave. Units will...
215,713-SF Shopping Center in Tampa, Fla., Fetches $22Mln
Tampa Bay Business Journal Mishorim Gold Properties has bought the 215,713-square-foot Horizon Park shopping center in Tampa, Fla., for $22 million, or about $101.99/sf. An affiliate of Forge Capital Partners sold the retail property, at 3904 West Hillsborough Ave., which...
Equity Residential Pays $153Mln for Atlanta Apartment Property
Atlanta Business Chronicle Equity Residential has bought the Osprey, a 319-unit apartment building in Atlanta's West Midtown submarket, for $153 million, or about $479,624/unit. The Chicago REIT bought the property, at 980 Howell Mill Road, from Toll Brothers Apartment Living,...
Boynton Beach, Fla., Apartment Property Sold for $92.68Mln
South Florida Business Journal An affiliate of Walton Street Capital has bought the Cortina Apartments, a 324-unit property in Boynton Beach, Fla., for $92.68 million, or about $286,049/unit. The Chicago private-equity manager bought the complex, which sits on 10 acres...
Scannell Properties Plans Large Industrial Project for Groveland, Fla.
Orlando Business Journal Scannell Properties has proposed building a 977,000-square-foot industrial project in Groveland, Fla., about 34 miles west of Orlando, Fla. The Indianapolis developer is planning the property for an 80-acre site at State Road 19 and O'Brien Road....
262,000-SF Spec Industrial Project Planned Near Orlando International Airport
Orlando Business Journal MCO Properties & Investments LLC is planning to build a 262,000-square-foot industrial project near the Orlando International Airport. The Lake Mary, Fla., company owns the proposed project's 69.4-acre development site, at 8200 McCoy Road, which it had...
EverWest Buys 178-Unit Apartment Complex in Charlotte, N.C., for $64.1Mln
Charlotte Business Journal EverWest Real Estate Investors has bought The Mint, a 178-unit apartment property in Charlotte, N.C., for $64.1 million, or about $360,112/unit. The Denver company purchased the seven-story complex, at 425 West Trade St., from Spectrum Cos. of...
Venture Buys Atlanta Apartments for $53Mln
Atlanta Business Chronicle A joint venture of 37th Parallel Properties and Apta Properties has paid $53 million, or about $220,833/unit, for the 240-unit Parkside Vista Apartments in Atlanta. An affiliate of First Communities Management sold the property, which sits on...
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