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...

Commercial Real Estate Direct Staff Report A venture of Machine Investment Group, Miramar Capital, and Axonic Capital has paid $135 million, or $103.85/sf, for the 1.3 million-square-foot Hub@202 industrial property in Mesa, Ariz. The venture purchased the property...

Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, N.Y. The oceanfront property, at 21 Oceanview Terrace, is...

SL Green Realty Corp. has agreed to sell the 392,954-square-foot office building at 10 East 53rd St. in Midtown Manhattan for $312.2 million, or $795/sf, to Meadow Partners. The 37-story building includes 38,657 sf of retail space. Its...

Washington Business Journal BXP Inc. has agreed to sell the leasehold interest in Sumner Square, a 210,000-square-foot office building in Washington, D.C., for $63 million, or $300.00/sf. The pending buyer was not disclosed. The three-building property was developed...

Atlanta Business Chronicle A venture of Coro Realty Advisors and Connolly has purchased the 121,000-square-foot Chastain Market in Atlanta for $71 million, or $586.78/sf. The locally-based venture purchased the retail property from Kite Realty Group, an Indianapolis REIT...

Memphis Business Journal A venture of Graybel Investments and Quad Property Group has bought the Cordova Creek Apartments, a 196-unit apartment property in Cordova, Tenn., for $22 million, or $112,245/unit. Graybel, of Memphis, Tenn., and Quad Property, of...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Morningstar DBRS Price % Yield % Final Pricing (bp) Bnch mrk A-2 75.00 30.00 3.99 AAA AAA 99.9999 5.0215 +86 J-spread A-3 438.95 30.00 4.56...

A venture of PCCP and Alliance Residential Co. has paid $65.3 million, or $354,891/unit, for the 184-unit Hawthorne apartment property in Riverside, Calif. The seller was a venture of Carlyle Group and Brandywine Homes, according to a report...

Commercial Real Estate Direct Staff Report An affiliate of Rreef America has paid $81.6 million, or $293,525/unit, for the 278-unit Alta Rise apartment property in Gilbert, Ariz. Rreef, an affiliate of Deutsche Wealth Management, acquired the property from...

ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International. The loan facility was arranged by Walker & Dunlop. The portfolio...

Crain's Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill. The New York investment firm acquired the property, at 23760 West 127th St., from JVM Realty,...

South Florida Business Journal Interface Properties has paid $40 million, or $211.08/sf, for Fountains Center, a 189,542-square-foot office and retail property in Boca Raton, Fla. The local company purchased the seven-building complex from a company managed by Titan...

Charlotte Business Journal Harbor Group International has paid $55.5 million, or $233,193/unit, for Chronicle Mill, a 238-unit apartment complex in the Charlotte, N.C., suburb of Belmont, N.C. The Norfolk, Va., investor purchased the property from Armada Hoffler Realty...

Citybiz Brixton Capital has acquired Allura Las Colinas, a 288-unit apartment complex in Irving, Texas. The seller and purchase price were not disclosed. JLL Capital Markets brokered the deal. The property, at 6445 Love Drive, serves a collateral...

Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives. The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto...

The 236,603-square-foot Frederick Shopping Center in Frederick, Md., roughly 50 miles from both Washington, D.C., and Baltimore, has been sold for $55.5 million, or nearly $235/sf. The property was constructed in 1957 at 1305 West Seventh St., next...

David Brecher, chief executive of FM Home Loans, has paid $23.5 million, or $192,623/unit, for the 122-unit apartment building at 1000 Ocean Parkway in the Midwood area of Brooklyn, N.Y. Brecher, who founded FM Home Loans in 1999,...

Bloomberg A venture of Oxford Properties Group and Related Cos. has lined up $1.4 billion in financing against 10 Hudson Yards, a 1.81 million‑square‑foot office building in Manhattan. A group of lenders led by Wells Fargo Bank and...

The 122,167-square-foot Beacon retail property in the San Diego suburb of Carlsbad, Calif., has changed hands for $91.3 million, or $747.34/sf. Asana Partners of Charlotte, N.C., sold the 44-year-old property to 11North Partners. The New York investment operation...

Commercial Real Estate Direct Staff Report A venture led by Sixth Street Partners has paid $176 million, or $911,017/room, for the 193-room Park Hyatt Beaver Creek Resort & Spa in Colorado's Beaver Creek Village. The San Francisco investment...

Memphis Business Journal An affiliate of SpaceX has paid $185 million, or $235.67/sf, for a 785,000‑square‑foot data center at 3231 Paul R. Lowry Road in Memphis, Tenn. Phoenix Investors of Milwaukee sold the property, which it purchased for...