Jacksonville Daily Record EQT Exeter has bought two Jacksonville, Fla., warehouse properties totaling 1.37 million square feet for $132.43 million, or $96.61/sf. The Radnor, Pa., company purchased the industrial buildings from Hillwood Investment Properties of Dallas, which had...

South Florida Business Journal An affiliate of JPMorgan has paid $53.68 million, or $368.60/sf, for the Shoppes at Heron Lakes, a 145,618-square-foot retail property in Coral Springs, Fla. The New York investment banking giant purchased the shopping center...

Commercial Real Estate Direct Staff Report Dwight Mortgage Trust has provided a $70 million loan for the development of a 180-unit apartment property at 33-35 West 125th St. in Manhattan's Harlem area. The property is being developed by Irgang...

Commercial Real Estate Direct Staff Report An affiliate of Optum has paid $46.11 million, or $573/sf, for the 80,471-square-foot medical office property it occupies within the Village @ St. Rose medical office campus in Henderson, Nev., about 15...

Commercial Real Estate Direct Staff Report National Development has paid $100.25 million, or $384.30/sf, for the 260,867-square-foot retail property at 550 Arsenal St. in Watertown, Mass. The Newton, Mass., developer bought the property from Alexandria Real Estate Equities...

Commercial Real Estate Direct Staff Report Signature Acquisitions has paid $33 million, or $162.16/sf, for the 203,506-square-foot office building at 14 Sylvan Way in Parsippany, N.J. The Cranford, N.J., investment manager bought the three-story building, within the former...

National Life Group has provided a $15.4 million loan against the 40-unit Clair apartment property at 37 Orange Road in Montclair, N.J. The Montpelier, Vt., insurance company's loan has a five-year term and pays a fixed coupon. It...

Tampa Bay Business Journal Hilltop Residential has bought Provenza at St. Pete, a 308-unit apartment complex in St. Petersburg, Fla., for $93 million, or $301,948/unit. The Houston company bought the property from Momentum Real Estate Partners of Miami,...

Commercial Real Estate Direct Staff Report The federal government's shutdown is in its 37th day, making it the longest in history and topping the 35-day shutdown of 2018 during President Trump's first term. Shutdowns, once unheard of, became...

A venture of LaPour Partners and G2 Capital Development has sold the 100,184-square-foot Narrative office building in Las Vegas for $48 million, or $479.12/sf. LaPour and G2 Capital, both of Las Vegas, sold the property to a local...

Commercial Real Estate Direct Staff Report Hegenes Properties Inc. has paid $58.05 million, or $200,172/unit, for the 290-unit Bristol Village apartment property in the Minneapolis suburb of Bloomington, Minn. The Eden Prairie, Minn., property manager acquired the complex...

Commercial Real Estate Direct Staff Report Continental Properties Co. has launched its latest investment vehicle, Real Estate Development Fund IV, with a $200 million equity-raising target. The Menomonee Falls, Wis., apartment property developer would use capital raised through...

South Florida Business Journal An affiliate of Bowery Properties has paid $47.5 million, or $248,691/unit, for the Queue Apartments, a 191-unit complex in Fort Lauderdale, Fla. The Miami company purchased the property from a venture led by Lurra Capital...

Northmarq has provided $32.21 million of Fannie Mae mortgage financing against the 191-unit Revelry Apartments in Madison, Wis. The 10-year loan allows the property's owner, a venture of Axial Real Estate Advisors of Minnetonka, Minn., and Saturday Properties...

Commercial Real Estate Direct Staff Report Two office properties in Portland, Ore., recently changed hands at prices that were 66% and 88% lower, respectively, than their last transactions roughly 10 years ago. The latest prices, and the fact...

Commercial Real Estate Direct Staff Report Canadian Imperial Bank of Commerce has provided $71.34 million of financing against Denali Logistics Park, a three-building industrial property with 759,620 square feet in Aurora, Colo., a city that's 22 miles east...

Orlando Business Journal MG3 Group has paid $57 million, or $79.88/sf, for the 713,585-square-foot industrial building at 8201 Chancellor Drive in Orlando, Fla. The Aventura, Fla., company purchased the property from Tratt Properties of Phoenix, which had paid...

Shorenstein Investment Advisers paid $217.75 million, or just more than $659/sf, for the 330,376-square-foot 1222 Demonbreun office building in the Gulch area of Nashville, Tenn. As reported, the San Francisco investment manager purchased the 20-story building from its developer,...

Urban Edge Properties has paid $39 million, or $428.57/sf, for the 91,000-square-foot Brighton Mills Shopping Center in the Boston suburb of Allston, Mass. The New York REIT bought the property, roughly a mile from Harvard University's business school,...

Commercial Real Estate Direct Staff Report Matthew Ferrari, who joined TruAmerica Multifamily in 2016 to oversee the Los Angeles investment manager's national expansion, has left the company to form PXV Multifamily, through which he plans to make up...

DivcoWest has paid $125 million, or $510.20/sf, for the 245,000-square-foot office property at 399 Boylston St. in the Back Bay section of Boston. The San Francisco investment manager acquired the property from Blackstone, which bought it in 2014...

Charlotte Business Journal Mesa West Capital has taken through foreclosure the Towers at SouthPark, a 430,000-square-foot office complex in Charlotte, N.C. The Los Angeles private equity firm had provided $167.8 million of debt against the two-building property in mid-2022...

L.A. Business First Concord Capital Partners has paid $52 million, or $309,523/unit, for the View, a 168-unit apartment property in Los Angeles' Koreatown neighborhood. The Dallas investment firm acquired the property from an affiliate of MWest Holdings, which...

Commercial Real Estate Direct Staff Report Advanced Real Estate has paid $41 million, or $297,101/unit, for the 138-unit Cove at West Covina apartment property in the Los Angeles suburb of West Covina, Calif. The Irvine, Calif., investment manager...

Commercial Real Estate Direct Staff Report BXP Inc., which has started developing 343 Madison Ave. in midtown Manhattan, eventually will sell a stake of 30% to 50% in the roughly 930,000-square-foot office property. Interest so far has been...