ConnectCRE Reyes Holdings has paid $140 million, or $290.77/sf, for Richmond Distribution Center 3, a 481,487-square-foot industrial property in Richmond, Calif. The Rosemont, Ill., producer and distributor of food and beverage products purchased the property from Ares Management, which was ...
Marin Independent Journal Pell Development Co. has paid $115.2 million for a 20.7-acre parcel at 177 Parr Blvd. in the San Francisco Bay Area city of Richmond, Calif. Scannell Properties was the seller. The site has approvals in place for ...
Multi-Housing News Bainbridge Cos. has broken ground on Bainbridge Midlothian, a 310-unit apartment property in the Richmond, Va., suburb of Midlothian, Va. The property, at 12400 Dutton Road, will have one-, two- and three-bedroom units that range from 700 to ...
Sandy Spring Bank has provided $38.14 million of financing for the construction of the 176-unit Lake Forest at Swift Creek age-restricted apartment property in the Richmond, Va., suburb of Midlothian, Va. Northmarq arranged the financing on behalf of the property’s ...
Multi-Housing News A venture of Watercrest Senior Living Group and Harbert Seniors Housing Fund II has completed construction of the 98-unit Watercrest Richmond Assisted Living Memory facility in Moseley, Va., near Richmond, Va. The property, at 5250 Grandin Ave., has ...
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