Charlotte Business Journal Link Logistics has bought the Charlotte Intermodal Logistics Center, a 420,000-square-foot industrial property in Charlotte, N.C., for $49.5 million, or $117.86/sf. The industrial property investment arm of Blackstone purchased the building from The Silverman Group,...

Commercial Observer New York investor George Lebovits has paid $42.3 million, or $279.47/sf, for the 151,357-square-foot office property at 6310 15th Ave. in the Bensonhurst section of Brooklyn, N.Y. The purchase included an 8,392-sf lot. The investor acquired...

Minneapolis/St. Paul Business Journal An affiliate of Abacus Capital Group has paid $63 million, or $157,894/unit, for the 399-unit Meridian Point Apartments in Burnsville, Minn. The New York investment firm acquired the property, at 251 McAndrews Road West,...

South Florida Business Journal Publix Super Markets Inc. has paid $71.93 million, or $346.70/sf, for the Hammocks Town Center, a 207,470-square-foot retail property in Miami. The Lakeland, Fla., supermarket chain purchased the shopping center from an affiliate of...

Tampa Bay Business Journal An affiliate of Cantor Fitzgerald has bought the Residences at Westshore Marina, a 351-unit apartment complex in Tampa, Fla., for $100.4 million, or $286,040/unit. The New York company purchased the property from Starlight Investments...

Crain's Chicago Business LG Group is offering for sale Arthur on Aberdeen, a 363-unit apartment property in Chicago. The local developer hired JLL to market the property at 210 North Aberdeen St. LG Group developed the 19-story property...

Commercial Real Estate Direct Staff Report The 544-room Hilton San Francisco Financial District, which as recently as earlier this year was struggling under the burden of $95.17 million of mortgage and mezzanine financing, appears to have turned around...

New York Business Journal Tokyu Land US Corp. has paid $56 million, or $674,698/unit, for the 83-unit apartment property at 10 Rutgers St. in the Two Bridges area of lower Manhattan. The Japanese company acquired the property from...

Varde Partners has provided $125 million of mortgage financing against the 575,000-square-foot industrial/manufacturing property at 630 Flushing Ave. in the Williamsburg section of Brooklyn, N.Y. CBRE arranged the three-year, floating-rate loan. The property, which is 88% leased, is...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating S&P Rating Fitch Rating KBRA Price % Yield % Final Pricing (bp) Bnch mrk A-1 3.29 30.00 2.18 AAA AAA AAA 99.99999 4.24255 +70 J-spread A-2 83.05...

Commercial Real Estate Direct Staff Report Quarry Capital has paid $62.75 million, or $316,919/unit, for the 198-unit Cardinal 95 apartment property in the Phoenix suburb of Glendale, Ariz. The Henderson, Nev., investor acquired the property from Vision Capital...

Commercial Real Estate Direct Staff Report ColRich Multifamily has paid $62.3 million, or $213,356/unit, for the 292-unit Mason Oliver apartment property in Phoenix. The San Diego investment firm acquired the property, at 11 South 12th St., from Knightvest...

CALCAP Advisors has paid $30 million, or $265,486/unit, for the 113-unit Solana Place at Carlton Commons apartment property in Casa Grande, Ariz., about 51 miles south of Phoenix. The Pasadena, Calif., investor bought the property, at 18 South...

Commercial Real Estate Direct Staff Report Citi Real Estate Funding has lined up $50 million of financing against the 216-room Hotel Valencia Santana Row in San Jose, Calif. The loan, which was arranged by Sonnenblick-Eichner Co., requires only...

Federal Realty Investment Trust has paid $187 million, or $389.58/sf, for the 480,000-square-foot retail portion of the Annapolis Town Center mixed-use complex in Annapolis, Md. The North Bethesda, Md., REIT acquired the space from PGIM Real Estate. It...

The Promote Citibank, Barclays, ING Group, Bank of America, and Santander Bank have provided $1.29 billion of financing against 660 Fifth Ave. in Midtown Manhattan. The 1.25 million-sf office building is owned by Brookfield Properties, which will use...

The Real Deal Terreno Realty has sold the 603,000-square-foot industrial property at 130 Interstate Blvd. in South Brunswick, N.J., for $144 million, or $238.81/sf. The San Francisco REIT developed the property on a site it purchased in 2010...

JLL Capital Markets has written a $22.95 million Freddie Mac loan to facilitate Evergreen Ventures' $36.8 million purchase of the 105-unit Viva apartment property in Seattle. Evergreen, the alternative investment arm of Evergreen Gavekal, acquired the property from...

Commercial Real Estate Direct Staff Report An affiliate of Cohen Asset Management has paid $60.25 million, or $159.81/sf, for the 377,000-square-foot second phase of 303 Logistics in Litchfield Park, Ariz., a suburb of Phoenix. The Los Angeles investment...

Commercial Real Estate Direct Staff Report TruAmerica has paid $38.75 million, or $230,654/unit, for North Creek, a 168-unit apartment property in the Denver suburb of Thornton, Colo. The Los Angeles investor acquired the property, at 700 West 91st...

FCP has provided $47.1 million of capital—a senior loan and preferred equity—through its structured investments platform to fund the construction of the Mira and Ador, a pair of apartment buildings with 553 units and ground-floor retail space next...

MonticelloAM has provided $37.85 million of bridge financing against the 240-unit Bayville Apartments in Virginia Beach, Va. The bridge loan was arranged by JLL. The Bayville apartment property, formerly Waypoint at Bayville, is at 1512 Kindly Lane, near...

Commercial Real Estate Direct Staff Report Life Insurance Co. of the Southwest has provided $37.1 million of mortgage financing against the 123-unit Ridian Apartments in Denver. The loan, which pays a floating-rate coupon, was arranged by JLL Capital...

Priority Capital Advisory has arranged $31.3 million of financing for the construction of a 116-unit apartment property at 9033 Ramsgate Ave. in Westchester, Calif., about 19 miles south of Los Angeles. The property is being developed by Six...

Charlotte Business Journal Walmart Fulfillment Services LLC has bought the Kings Mountain Corporate Center, a 1.3 million-square-foot industrial property in Kings Mountain, N.C., for $121.5 million, or $93.46/sf. The unit of Walmart Inc. of Bentonville, Ark., purchased the...