Commercial Property Executive Farallon Capital Management has bought a portfolio of nine office buildings totaling 1.4 million square feet within the Pacific Shores Center office campus in the Silicon Valley city of Redwood City, Calif. The San Francisco...

New York Business Journal AV Management has paid $43.3 million, or $3.94 million/unit, for an 11‑unit apartment building at 73-75 Sullivan St. in Manhattan. The New York investment manager purchased the property from affiliates of P. Zaccaro Co....

Commercial Real Estate Direct Staff Report A portfolio of three Wilmington, Del., office buildings backing distressed CMBS debt are scheduled for sheriff's sale next month. The buildings, with 305,398 square feet at 200, 300, and 400 Bellevue Parkway,...

Commercial Real Estate Direct Staff Report Las Vegas developer Eli Applebaum has paid $70 million for a 12-acre development site along the Las Vegas Strip at the southeast corner of Las Vegas Boulevard and Mandalay Bay Road. Applebaum...

Commercial Real Estate Direct Staff Report The appraised value of the 448-room Hilton Houston Post Oak hotel in the city's Uptown area has been reduced again, this time by more than half to $31 million. The property, constructed...

Crain's Chicago Business Vinayaka Hospitality has paid $43.2 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago. The Schaumburg, Ill., hotel manager acquired the property, at 636 South Michigan Ave., from a venture of Fundamental Advisors...

Denver Business Journal Speed Bay Warehouse Solutions has paid $71.5 million, or $153.43/sf, for the 466,000-square-foot Park Industrial Center in Commerce City, Colo. The local company acquired the property, at 5750-6360 East 58th Ave., from Kew Realty Corp....

ConnectCRE Belkorp has paid $44.15 million, or $252.57/sf, for the 174,800-square-foot industrial property at 3809 East Watkins St. in Phoenix. The Vancouver, British Columbia, investment firm purchased the building from LBA Realty of Irvine, Calif., in a deal...

South Florida Business Journal Publix Super Markets Inc. has paid $78 million, or $436.42/sf, for the 178,726‑square‑foot Fountains of Boynton Shopping Center in Boynton Beach, Fla. The Lakeland, Fla., grocery store chain acquired the retail property from a...

Commercial Real Estate Direct Staff Report The Roostaeian family office has lined up $65 million of mortgage financing from Bank of America against nine of its apartment properties with 200 units in Los Angeles. The family, led by...

Principal Financial Group has paid $80.63 million, or $210.51/sf, for the 383,000-square-foot Capital Marketplace retail property in Raleigh, N.C. The Des Moines, Iowa, company purchased the property from Finmarc Management Inc., which purchased it in 2021 for $58...

Affinius Capital and Axonic Capital have partnered to provide $43 million of construction financing to fund the 104-unit second phase of the Bayside Sarasota apartment project in the Gulf Coast city of Sarasota, Fla. The seven-story building is...

A venture of Basis Industrial and One Investment Management has paid $89.48 million, or nearly $144/sf, for a portfolio of 25 shallow-bay industrial buildings with 621,759 square feet in the suburban Atlanta. The venture bought the portfolio from...

Crain's Chicago Business Tishman Speyer is offering for sale Union West, a 357-unit apartment property in Chicago. The New York investment manager hired CBRE to market the property, which it bought in 2023 for $128 million. At the time...

The Real Deal An affiliate of Hennick & Co. has paid $66 million, or $857,143/room, for the shuttered Chambers Hotel Central Park South in Midtown Manhattan. The Toronto investment company bought the 14-story property from an affiliate of BD Hotels,...

Baltimore Business Journal Rose Valley Capital has paid $67.1 million, or $169,444/unit, for Crossings at White Marsh, a 396‑unit apartment complex in Nottingham, Md. The Brooklyn, N.Y., investor acquired the garden‑style property from Continental Realty Corp. of Baltimore,...

Commercial Real Estate Direct Staff Report The 1.19 million-square-foot JACX office complex in Queens, N.Y., has had its appraised value slashed by 44% to $480 million. The property, constructed in 2019, is comprised of two 26-story buildings that...

Commercial Real Estate Direct Staff Report CJ Park & Associates has lined up a $19.1 million mortgage from Barclays Capital against the 142,957-square-foot Pacific Town Center retail property in Stockton, Calif. The five-year loan amortizes on a 30-year...

Commercial Real Estate Direct Staff Report New York Life Insurance Co. has provided $141.82 million of financing against the 509-unit Wolf Point West apartment property in Chicago. The three-year loan was arranged by JLL Capital Markets. It allowed...

A venture between Harbor Associates and Farallon Capital Management has paid $81 million, or $289.29/sf, for the Yorba Linda Commerce Center, a 280,000-square-foot industrial complex in the Orange County, Calif., city of Yorba Linda. The venture bought the...

Atlanta Business Chronicle TA Realty has paid $55.4 million, or $522.64/sf, for Peachtree Station, a 106,000‑square‑foot retail property in Chamblee, Ga., about 11 miles north of downtown Atlanta. The Boston company purchased the shopping center from Harrison Street...

Dallas Business Journal Hillwood Urban and Vanderbilt Office Properties have increased their ownership interests in Towers at Williams Square, a 1.4 million‑square‑foot office complex in the Dallas suburb of Irving, Texas. Hillwood, of Dallas, and Vanderbilt, of Chicago,...

Commercial Real Estate Direct Staff Report Piatt Cos. has recapitalized the 18-story Tower Two-Sixty mixed-use building in downtown Pittsburgh by splitting it into fee and leasehold interests and securing a mortgage against the resulting fee interest. The company...

Crain's Chicago Business The 691,410-square-foot office building at 2 North LaSalle St. in Chicago has been brought to the sales block by the bondholders that took control of it two years ago. Torchlight Loan Services, the special servicer...

Silicon Valley Business Journal Brookfield has paid $90.25 million, or $752.08/sf, for the 120,000-square-foot Equinix SV4 Sunnyvale Data Center in Sunnyvale, Calif., about 41 miles southwest of San Francisco. The New York investment firm acquired the property, at...