Interstate Management Inc. has sold a portfolio of four retail centers with 470,000 square feet in Daly City, Va., some 25 miles southwest of Washington, D.C., for $52.8 million, or about $112.34/sf. The Brooklyn, N.Y., company sold the portfolio to ...
BRIDGE Housing Corp. was the buyer The property is encumbered by $60.6 million of debt that was provided by Morgan Stanley and National Equity Fund, according to a report in Multi-Housing News.
Interstate Management Inc. has sold a portfolio of four retail centers with 470,000 square feet in Daly City, Va., some 25 miles southwest of Washington, D.C., for $52.8 million, or about $112.34/sf. The Brooklyn, N.Y., company sold the portfolio to ...
BRIDGE Housing Corp. has paid $66 million, or $338,461/unit, for Eaves Daly City, a 195-unit apartment property in Daly City, Calif. The San Francisco nonprofit purchased the property from AvalonBay Communities Inc. The deal was highlighted by Kidder Mathews. The ...
MG financed its purchase with a $15.1 million Freddie Mac loan written by CWCapital.
deal is for the project's retail portion (completed in fall 2001)
tenants include Safeway, Burlington Coat Factory, Walgreen's and Trader Joe's. $700/sf in annual sales
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