South Florida Business Journal An affiliate of Dalfen Industrial has paid $56.7 million, or about $243.10/sf, for a portfolio of five industrial buildings totaling 233,239 square feet in Fort Lauderdale, Fla. The Dallas company purchased the warehouse portfolio...

Crain's Chicago Business Prime Finance is under contract to pay about $120 million, or $180.39/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago. The San Francisco alternative lender is acquiring the property from Spear...

Commercial Real Estate Direct Staff Report Itron will vacate the 191,423 square feet of office space that it takes at Champion Station in San Jose, Calif., when its two leases roll in September. The tech company that focuses...

Commercial Real Estate Direct Staff Report Spokane Indian Housing Authority has paid $53.3 million, or $266,500/unit, for the 200-unit Waterford Apartments in Everett, Wash., about 23 miles south of Seattle. The Wellpinit, Wash., housing agency purchased the property...

Commercial Real Estate Direct Staff Report A venture of New York Life Investment Management, Donaldson Impact Investments, and Housing Initiative Partnership has paid $79.4 million, or $243,558/unit, for Yorkshire Apartments, a 326-unit apartment complex in Silver Spring, Md....

Commercial Real Estate Direct Staff Report The national industrial sector recorded 249.8 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of...

Crain's Chicago Business Kohan Retail Investment Group has paid $137 million, or $91.33/sf, for Citadel Center, a 1.5 million-square-foot office building in Chicago. The New York company acquired the 39-story property, at 131 South Dearborn St., from a...

Federal Realty Investment Trust has sold the 113,173-square-foot Barcroft Plaza retail property in the Washington, D.C., suburb of Falls Church, Va., for $58.03 million, or $512.71/sf. The North Bethesda, Md., REIT sold the 66-year-old property, at 6345 Columbia...

Disney Investment Group arranged the $82.25 million, or $197.35/sf, sale of the 416,766-square-foot University Town Center in Norman, Okla. As reported, the 19-year-old property, at 1400 24th Ave. NW, was purchased by a venture led by Mazaheri Properties of...

Atlanta Business Chronicle An affiliate of Heitman Capital Management has paid $73.3 million, or $449.69/sf, for the 163,000-square-foot retail component of the Madison Yards mixed-use development in Atlanta. The Chicago company acquired the property from CTO Realty Growth...

Commercial Property Executive Ares Management has paid $48.3 million, or $253.40/sf, for O'Hare Logistics Center 16, a 190,606-square-foot industrial facility in Mount Prospect, Ill., a norther suburb of Chicago. The Los Angeles investment manager acquired the property, at...

Washington Business Journal Rockwater Ventures and Buchanan Partners have paid $15.25 million, or $44.08/sf, for American Center, a 346,000-square-foot office property in the Washington, D.C., suburb of Tysons, Va. Rockwater, of Chevy Chase, Md., and Buchanan, of Bethesda,...

A venture of Roadside Development and Hudson Bay Capital has acquired the 568,642-square-foot Bethesda Towers office complex in the Washington, D.C., suburb of Bethesda, Md. Roadside, of Washington, and Hudson Bay, of Stamford, Conn., purchased the three-building property...

Crain's Chicago Business AMLI Residential is offering for sale AMLI Deerfield, a 240-unit apartment property in Deerfield, Ill. The Chicago developer hired JLL to market the property, which was built in 2015. AMLI Deerfield, at 1525 Lake Cook...

Commercial Property Executive Newport National Corp. has paid $96.8 million, or $372.31/sf, for Hobble Creek Business Park, a three-building industrial property with 260,000 square feet in Springville, Utah., a city that's 50 miles south of Salt Lake City....

TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin. The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co. on nearly a...

Benefit Street Partners has provided $82.1 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis. The three-year loan, which could be extended by up to two additional...

Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $171.76/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix. The West Palm Beach, Fla., REIT bought the...

Ceifa Capital has paid $52.5 million, or $298,295/unit, for the 176-unit Flats at Legacy apartment property in the Hampton Roads, Va., city of Poquoson. The Highland, Utah, investor bought the two-year-old property from its developer, Franklin Group of...

South Florida Business Journal An affiliate of Reyes Holdings has bought the 440,709-square-foot distribution facility at 441 SW 12th Ave. in Deerfield Beach, Fla., for $84.1 million, or $190.83/sf. The Rosemont, Ill., company acquired the warehouse from Republic...

Orlando Business Journal Waterstone Properties has paid $78.5 million, or $197.73/sf, for Hammock Landing, a 397,000-square-foot retail center in West Melbourne, Fla., about 30 miles south of Cape Canaveral, Fla. The Needham, Mass., company purchased the property from...

Empire State Realty Trust Inc. has completed the $275 million, or $505.75/sf, sale of the 543,743-square-foot office building at 250 West 57th St. in Midtown Manhattan. The New York REIT was said to have sold the 105-year-old building to...

Bloomberg Spear Street Capital has agreed to pay about $280 million, or $296.61/sf, for U.S. Bank Center, a 944,000-square-foot office property in Seattle. The San Francisco investor would be acquiring the property from Blackstone, which bought it in...

Commercial Real Estate Direct Staff Report Nationwide has provided $33.5 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave. in Cerritos, Calif., about 16 miles south of Los Angeles. JLL Capital Markets arranged the...

Crain's Chicago Business Realty Income has paid $176.5 million, or $260.32/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill. The San Diego REIT acquired the buildings from...