College Station, a 281-unit student housing portfolio in Starkville, Miss., is on the sales block.An undisclosed seller has tapped Marcus & Millichap to market the two-building complex near the campus of Mississippi State University. It carries a listing...
Commercial Real Estate Direct Staff ReportA U.S. House of Representatives subcommittee has approved a bill extending the federal backstop for insurers of terrorism risk.The Real Estate Roundtable has hailed the Financial Services subcommittee's approval of the Terrorism Risk...
A Dallas investment group is offering for sale Villas of Highpointe, a 304-unit apartment complex in Lewisville, Texas.The group has tapped the Dallas office of Marcus & Millichap to market the 11-building property, which carries a listing price...
W.P. Carey has paid $42.7 million for the 245,000-square-foot campus of Universal Technical Institute Inc. in the Sacramento suburb of Natomas, Calif. The New York investment firm is purchasing the campus from the Technical Institute, an auto-repair school...
Liberty Property Trust has agreed to acquire Republic Property Trust in a deal valued at roughly $900 million.The Malvern, Pa., REIT will pay $14.70 for each share of Republic common stock and assume $415 million of debt. That's...
Commercial Real Estate Direct Staff ReportSL Green Realty Corp. sold an 85 percent stake in 1372 Broadway in Manhattan for about $285 million to Wachovia.The New York REIT put the 508,000-square-foot office and showroom building up for sale...
Commercial Real Estate Direct Staff ReportING Clarion Partners has acquired a 207,160-square-foot office building in Scottsdale, Ariz., for $40 million.Wind Realty Partners sold the property, Scottsdale Forum, which was marketed by Cushman & Wakefield.ING made the purchase on...
Panos Properties has paid $70 million for the Mill Creek Town Center, a 183,000-square-foot retail property in the Seattle suburb of Mill Creek, Wash.The Seattle firm purchased the 14-building property from Wakefield Commercial, which originally developed the center...
W.P. Carey has paid $42.7 million for the 245,000-square-foot campus of Universal Technical Institute Inc. in the Sacramento suburb of Natomas, Calif. The New York investment firm is purchasing the campus from the Technical Institute, an auto-repair school...
Liberty Property Trust has agreed to acquire Republic Property Trust in a deal valued at roughly $900 million.The Malvern, Pa., REIT will pay $14.70 for each share of Republic common stock and assume $415 million of debt. That's...
Commercial Real Estate Direct Staff ReportSL Green Realty Corp. sold an 85 percent stake in 1372 Broadway in Manhattan for about $285 million to Wachovia.The New York REIT put the 508,000-square-foot office and showroom building up for sale...
Panos Properties has paid $70 million for the Mill Creek Town Center, a 183,000-square-foot retail property in the Seattle suburb of Mill Creek, Wash.The Seattle firm purchased the 14-building property from Wakefield Commercial, which originally developed the center...
Commercial Real Estate Direct Staff ReportING Clarion Partners has acquired a 207,160-square-foot office building in Scottsdale, Ariz., for $40 million.Wind Realty Partners sold the property, Scottsdale Forum, which was marketed by Cushman & Wakefield.ING made the purchase on...
TA Associates Realty has paid $60.3 million for Research Plaza, a 227,114-square-foot office building in Rockville, Md.The Boston real estate firm purchased the property from a pension fund advised by LaSalle Investment Management, which marketed the property through...
JEM Realty Advisors has paid $14.5 million for Fox Crest, a 245-unit apartment complex in the Chicago suburb of Waukegan, Ill.The Los Angeles firm purchased the property from Apartment Investment & Management Co., of Denver, which marketed it...
Commercial Real Estate Direct Staff ReportApollo Real Estate Advisors is in a venture to market for sale a newly-built 60,610-square-foot retail center in Queens, N.Y.The Manhattan office of Newmark Knight & Frank has the listing for the two-acre...
Triple Net Properties has agreed to pay $37 million for One and Two Riverwood Place, a 196,000-square-foot office property in the Milwaukee suburb of Pewaukee, Wis.The Santa Ana, Calif., real estate firm is acquiring the two-building property from...
Behringer Harvard Real Estate has purchased the CentrePort Office Center, a 134,246-square-foot office property in Fort Worth, Texas.A sales price was not disclosed, but the two-building complex was expected to sell for about $20 million Behringer, a Dallas...
Berkeley Investments has lined up $72 million of financing for 1700 Pacific, a 1.3 million-square-foot office tower in Dallas.The Los Angeles firm received the financing from ING Investment Management. HFF Inc.'s Dallas office arranged the three-year, fixed-rate loan.Berkeley...
TA Associates Realty has paid $60.3 million for Research Plaza, a 227,114-square-foot office building in Rockville, Md.The Boston real estate firm purchased the property from a pension fund advised by LaSalle Investment Management, which marketed the property through...
Commercial Real Estate Direct Staff ReportApollo Real Estate Advisors is in a venture to market for sale a newly-built 60,610-square-foot retail center in Queens, N.Y.The Manhattan office of Newmark Knight & Frank has the listing for the two-acre...
Behringer Harvard Real Estate has purchased the CentrePort Office Center, a 134,246-square-foot office property in Fort Worth, Texas.A sales price was not disclosed, but the two-building complex was expected to sell for about $20 million Behringer, a Dallas...
JEM Realty Advisors has paid $14.5 million for Fox Crest, a 245-unit apartment complex in the Chicago suburb of Waukegan, Ill.The Los Angeles firm purchased the property from Apartment Investment & Management Co., of Denver, which marketed it...
Triple Net Properties has agreed to pay $37 million for One and Two Riverwood Place, a 196,000-square-foot office property in the Milwaukee suburb of Pewaukee, Wis.The Santa Ana, Calif., real estate firm is acquiring the two-building property from...
Berkeley Investments has lined up $72 million of financing for 1700 Pacific, a 1.3 million-square-foot office tower in Dallas.The Los Angeles firm received the financing from ING Investment Management. HFF Inc.'s Dallas office arranged the three-year, fixed-rate loan.Berkeley...
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