South Florida Business Journal An affiliate of Ares Management has paid $56 million, or $242.45/sf, for the 230,976-square-foot industrial building at 3425 Meridian Parkway in Weston, Fla. The Los Angeles asset management firm acquired the warehouse property from...

Gerrity Group has paid $45.5 million, or $358.20/sf, for Conejo Valley Plaza, a 127,032-square-foot shopping center in Thousand Oaks, Calif. The Solana Beach, Calif., investor acquired the property, at 1388 to 1516 North Moorpark Road, from an affiliate...

Commercial Real Estate Direct Staff Report Office space available for sublease in Chicago's central business district totaled 5.14 million square feet through September, down 550,000 sf since June and 1.4 million sf year over year, according to Transwestern....

A venture of North Signal Capital and EJF Capital LLC has lined up $115 million of financing against three industrial buildings within the RiverPort Commerce Park in Hardeeville, S.C., about 12 miles north of Savannah, Ga. Synovus and...

Accordia Real Estate has bought Remount I & II, a two-building office and industrial park totaling 305,114 square feet in North Charleston, S.C., for $48 million, or $157.32/sf. The Fairfield, N.J., company purchased the property from a venture...

Denver Business Journal A venture of Mortenson Properties and Hyde Development has paid $48.2 million, or $180.85/sf, for Potomac Park, a two-building industrial property totaling 266,522 square feet in Englewood, Colo. Mortenson and Hyde, both of Minneapolis, acquired...

The Real Deal A venture led by GIC, the sovereign wealth fund of Singapore, is offering for sale the 1.25 million-square-foot office building at 101 California St. in San Francisco. GIC hired Eastdil Secured to market the property,...

A venture of Legacy Partners and PGIM Real Estate has paid $92 million, or $287,500/unit, for University Village, a 320-unit apartment complex in the eastern Los Angeles suburb of Azusa, Calif. Legacy, of Foster City, Calif., and PGIM,...

Commercial Observer FPA Multifamily has paid $73 million, or $211,594/unit, for two apartment properties with a total of 345 units in Baltimore. The properties are The Lofts, with 193 units at 1901 South Charles St., and The Flats,...

Commercial Property Executive CenterPoint Properties has bought the 395,750-square-foot industrial building at 2124 Skyview Drive in Lithia Springs, Ga., for $51.6 million, or $130.39/sf. The Denver property management company purchased the property from IDI Logistics of Atlanta in a deal...

USBank has provided $27 million of financing for the construction of the 52,200-square-foot Whitney Ranch retail center in Rocklin, Calif. The property is being developed at the southwest corner of Whitney Ranch Parkway and University Avenue, about 22...

Commercial Real Estate Direct Staff Report Columbia Sussex has paid $48.5 million, or $160,596/room, for the 302-room Inverness Denver Hilton hotel in Englewood, Colo., about 16 miles south of Denver. The Crestview Hills, Ky., hotel investor bought the...

New York YIMBY A venture of Macklowe Properties and SK Development has paid $49 million for the vacant 12-story building at 809 Madison Ave. on Manhattan's Upper East Side. It bought the property, formerly a 36-unit apartment building,...

Northmarq has originated a $53.72 million Fannie Mae loan against the 260-unit Fairmont at Willow Creek apartment property in the Sacramento, Calif., suburb of Folsom, Calif. The five-year loan requires only interest payments for its entire term. It...

Greystone has provided $26.32 million of Freddie Mac financing and arranged a $4.96 million preferred equity investment to fund Bayshore Properties' $36 million, or $96,257/unit, purchase of the 374-unit Tiberon Trails apartment property in the northwest Indiana town...

Commercial Real Estate Direct Staff Report The CMBS loan against the Augusta Mall in eastern Georgia, which late last year was granted a term extension taking its maturity through last month, wasn't paid off, resulting in its transfer...

Axonic Capital has formed a partnership with Affinius Capital through which it will fund construction loans against a broad range of middle-market properties throughout the country. Axonic, a New York investment manager with $6.7 billion of assets under...

Bisnow World Bank Group has paid $165 million for the land beneath the 488,000-square-foot office property at 701 18th St. NW in Washington, D.C. The organization already owns the building, which it developed in 1984 and that was...

Centerspace has sold five apartment properties with 832 units in and around St. Cloud, Minn., for $124 million, marking its exit from the area, which is roughly 65 miles northwest of Minneapolis. CBRE arranged the transaction. The Minot,...

Commercial Observer Creed Equities has paid $25 million for 149 Spring St., an eight-story building with 2,254 square feet of retail space and seven apartment units in Manhattan's SoHo area. The New York family office bought the property...

New York Life Insurance Co. has provided $130 million of mortgage financing against a portfolio of 21 properties, mostly industrial, in southern California owned by Sukut Real Properties. The five-year loan, arranged by JLL Capital Markets, allowed Sukut,...

Commercial Observer A lender group led by Apollo Global Management and Pearlmark has provided $103 million of financing to fund the second phase of the conversion of the former DuPont headquarters in downtown Wilmington, Del., into apartments. The...

Commercial Real Estate Direct Staff Report Columbia Sussex Corp. has paid $113 million, or $305,405/unit, for the 370-room Westin Westminster hotel in the Denver suburb of Westminster, Colo. The Crestview Hills, Ky., hotel owner bought the property, at...

Crain's New York Business Jackson Group has paid $41.5 million, or $415/sf, for the 100,000-square-foot office building at 625 Broadway in the SoHo section of Manhattan. The New York investor acquired the property from ASB Real Estate of...

Commercial Real Estate Direct Staff Report Invesco Real Estate has provided $91.05 million of financing against the 289-unit Millie on Michigan apartment property in Chicago. The loan allowed the property's owner, a venture of Cedar Street Cos. of...