Charlotte Business Journal Asana Partners has paid $60 million, or $919.17/sf, for Specialty Shops SouthPark, a 65,276-square-foot retail property in Charlotte, N.C. The local company bought the open-air shopping center from a venture of Hill Partners, also of...
South Florida Business Journal Kamson Corp. has paid $90.5 million, or $189,331/unit, for Ponte Verde at Palm Beach Lakes, a 478-unit residential condominium community in West Palm Beach, Fla. The Englewood Cliffs, N.J., apartment owner purchased the complex...
Dallas Business Journal Lone Star Funds has purchased the 457,901-square-foot Premier Place office property in Dallas for an undisclosed price. The London investment firm purchased the 20-story building from Glenstar Properties of Chicago, which paid $140 million for...
The Wideman Co. has bought the TotalEnergies Tower, an 850,000-square-foot office property in downtown Houston. The sale was first reported by the Houston Chronicle. The Orlando, Fla., investor purchased the 35-story building from Brookfield Properties, which had bought...
Tampa Bay Business Journal EQT Real Estate has purchased the 605,412-square-foot CenterState Logistics Center industrial property in Lakeland, Fla., for $61.5 million, or $101.58/sf. Griffin Capital Essential Asset REIT Inc. sold the warehouse, which it had purchased in...
Harbor Group International has paid $41.5 million, or $411.62/sf, for the 100,820-square-foot office building at 500 North Gulph Road in the Philadelphia suburb of King of Prussia, Pa. The Norfolk, Va., investment manager bought the five-story building from...
Vital Infrastructure Property Trust has paid $89.9 million, or $632/sf, for the 142,249-square-foot East New York Health Hub medical-office building at 101 Pennsylvania Ave. in the East New York area of Brooklyn, N.Y. The Toronto REIT, the former...
Mesa West Capital has provided $81 million of mortgage financing against the 330-unit Atlas Peakview apartment property in the Denver suburb of Centennial, Colo. The financing was arranged by Walker & Dunlop on behalf of the property's developer,...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $146.24 million of Fannie Mae mortgage financing against the 209 apartment units at the 7 Dey St. building in Lower Manhattan's Tribeca neighborhood. The loan helped fund...
Multi-Housing News Pacific Urban Investors has paid $112 million, or $289,406/unit, for the 387-unit A'Capella Apartments in Lynnwood, Wash., a northern suburb of Seattle. The Palo Alto, Calif., investor acquired the property, at 15001 35th Ave. West, from...
Milhaus, which has completed its acquisition of Sares Regis Group's SRG Residential multifamily development and management operation, has struck a deal to acquire Broadshore Capital Partners, providing it investment management capabilities. Milhaus, an Indianapolis developer that was launched...
Washington Business Journal FPA Multifamily is paying $250 million, or $204,583/unit, for the massive Riverside Apartments, a 1,222-unit complex in Alexandria, Va. The San Francisco company is buying the three-building property from Elme Communities of Bethesda, Md., which...
Strada Investment Group has paid $103 million, or $813.99/sf, for the 126,537-square-foot office property at 1 De Haro St. in San Francisco's Design District. The local developer acquired the property from its developer, SKS Partners. The deal was...
Dallas Business Journal A venture of Regent Properties and a unit of Hana Financial is offering for sale three office buildings totaling 706,395 square feet at the 85-acre Legacy Central mixed-use campus in Plano, Texas. JLL has been...
Dallas Business Journal Disney Investment Group has brokered the sale of two Mesquite, Texas shopping centers totaling 254,259 square feet for a combined $45 million in separate deals. Newport Capital Partners of Chicago purchased Towne Crossing from Phillips...
The 53,617-square-foot 25 Taylor St. office building in San Francisco's Civic Center area has changed hands, resolving a distressed $16.93 million CMBS loan against it. The seven-story building, which also houses the Golden Gate Theater, was sold to...
Sagard Real Estate has paid $56.9 million, or $254/sf, for the 223,977-square-foot industrial property at 27 Distribution Way in Monmouth Junction, N.J. The Denver investment manager, the former EverWest, bought the property from CenterPoint Properties of Oak Brook,...
Houston Business Journal Williams Cos. has acquired the 1.4 million-square-foot Williams Tower office building in Houston for more than $300 million, or $214.29/sf. The Tulsa, Okla., energy company purchased its namesake tower from Invesco of Dallas, which was...
Commercial Real Estate Direct Staff Report The $49.33 million CMBS loan against the Sangertown Square Mall in the Utica, N.Y., suburb of New Hartford, N.Y., has transferred to special servicing as it approaches its extended maturity next month....
South Florida Business Journal MDH Partners has paid $40.1 million, or $303.37/sf, for a 132,180-square-foot warehouse at 710 International Parkway in Sunrise. The Atlanta investor acquired the industrial property from LIT Industrial, the industrial investment arm of Clarion...
Atlanta Business Chronicle An affiliate of Mesirow has paid $132 million, or $412,500/unit, for the 320-unit Sixty 11th Apartments in Midtown Atlanta. The Chicago investment manager purchased the 20-story building through its Mesirow Financial Real Estate Value Fund...
Plaza at Normandy, a 58,691-square-foot retail property in Jacksonville, Fla., has changed hands for $20.69 million, or $352.44/sf. The two-year-old property sits on 16 acres at 11341 Normandy Blvd. and is anchored by a Publix grocery store, which...
The Real Deal ACORE Capital has provided $69 million of financing to help fund Pebb Capital's purchase of the 97,500-square-foot office building at 119 Washington Ave. in Miami Beach, Fla. Pebb Capital, a Boca Raton, Fla., investment manager,...
Commercial Real Estate Direct Staff Report Miramar Capital has paid $79.5 million, or $251.12/sf, for a portfolio of flex properties totaling 316,585 square feet at 9175 East Pima Center Parkway in Scottsdale, Ariz. The properties were built in...
Atlanta Business Chronicle Sterling Organization has paid $93.2 million, or $342.66/sf, for Merchants Walk, a 271,992-square-foot retail property in Marietta, Ga. The West Palm Beach, Fla., investor acquired the shopping center through its Sterling Value Add Partners IV...
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