Commercial Real Estate Direct Staff Report Goldman Sachs and Barclays Capital have provided $150 million of mortgage financing against the Springfield Town Center shopping mall in the Washington, D.C., suburb of Springfield, Va. The loan, which requires only...

Commercial Property Executive LBA Realty has paid $42.4 million, or $149.45/sf, for Tracy 6, a 283,713-square-foot industrial property in Tracy, Calif., about 64 miles east of San Francisco. The Irvine, Calif., company purchased the property from Prologis, a...

Commercial Observer Cohen Brothers Realty has reached an agreement to sell the 300,000-square-foot office property at 3 East 54th St. in midtown Manhattan for $188 million, or $626.66/sf. The company, however, is waiting for a deposit from what...

Shorenstein Investment Advisers has acquired the 209,000-square-foot Park Place at Bay Meadows office property in the San Francisco suburb of San Mateo, Calif. The San Francisco investment manager purchased the property, at 1100 and 1200 Park Place, for $144.5...

Commercial Real Estate Direct Staff Report An affiliate of TMR Investments has sold the 368-unit Circ Tucson apartment property, about nine miles north of the Tucson, Ariz., downtown area. The buyer and the sales price could not be...

SL Green Realty Corp. has agreed to pay $160 million, or $1,305/sf, for the former Brooks Brothers flagship store at 346 Madison Ave. in midtown Manhattan, along with an adjoining parcel. The New York REIT is buying the...

Commercial Observer Blackstone has made a preferred equity investment in Herald Towers, the apartment and retail property at 50 West 34th St. in the Herald Square section of Manhattan. The property, with 691 apartments and 102,000 square feet...

Orlando Business Journal A Goldman Sachs affiliate has bought the Addison Square Apartments, a 270-unit complex in Melbourne, Fla., for $94 million, or $348,148/unit. The New York investment banking giant purchased the property from PAC Land Development, which...

Atlanta Business Chronicle OA Development has paid $50.4 million, or $198.43/sf, for 100 City View, a nearly 254,000-square-foot office building in Atlanta. The local real estate company purchased the 11-story building from Granite Properties of Dallas, which had invested...

South Florida Business Journal FCP has bought the 427-unit District West Gables apartment complex in West Miami for $111 million, or $259,953/unit. The Chevy Chase, Md., REIT bought the two-building property from Waterton Associates of Chicago in a deal...

Commercial Real Estate Direct Staff Report A venture led by Norges Bank Investment Management has agreed to buy the 1.03 million-square-foot office building at 1177 Ave. of the Americas in midtown Manhattan. Norges, which manages Norway's sovereign wealth...

Minneapolis/St. Paul Business Journal Weidner Apartment Homes has acquired LakeHaus, a 200-unit apartment property in Minneapolis. The purchase price was not immediately known. However, the property was appraised last year at a value of $59.9 million, according to...

The affiliate of Vancouver, Wash., developer C.E. John has refinanced the 227,680-square-foot Hazel Dell Marketplace retail property in Vancouver with a $27.8 million loan arranged by Gantry. The 10-year loan amortizes on a 30-year schedule and was provided...

Denver Business Journal TA Realty has paid $100 million, or $333,333/unit, for Gateway Arvada Ridge, a 300-unit apartment property in Arvada, Colo., about 11 miles northwest of downtown Denver. The Boston investment firm acquired the property from Revantage,...

Mia Rose Holdings has lined up $32.4 million of financing against the 204-unit 44 West Luxury Living apartment property in the St. Louis suburb of Valley Park, Mo. The five-year loan, which requires only interest payments for its...

Crain's Chicago Business An affiliate of Solomon Organization has paid $136 million, or $212,500/unit, for the 640-unit Fifteen 98 Apartments in Naperville, Ill., a suburb of Chicago. The Summit, N.J., investment firm acquired the property from FPA Multifamily,...

Commercial Real Estate Direct Staff Report Aareal Capital Corp. has provided $180 million of financing against the 201-room Four Seasons Resort Scottsdale in the Phoenix suburb of Scottsdale, Ariz. The three-year loan, which can be extended by up...

Commercial Real Estate Direct Staff Report Wells Fargo Bank and Barclays Capital have provided $165 million of financing against the 314,940-square-foot Raleigh Studios production studio in Los Angeles. The three-year loan was arranged by Newmark on behalf of...

South Florida Business Journal After taking control of Gateway at Wynwood, a 219,532-square-foot office building in Miami, at a recent bankruptcy auction, A10 Capital has assigned its credit bid to affiliates of CIRE Equity of San Diego, which took...

Atlanta Business Chronicle An affiliate of McDowell Properties has bought Marq Eight, a 302-unit apartment complex in Atlanta, for $77 million, or $254,967/unit. The company bought the property from CWS Capital Partners of Newport Beach, Calif., which purchased...

Puget Sound Business Journal Spear Street Capital has paid $60.1 million, or $458.78/sf, for Market Place I and II, a two-building office property with 131,000 square feet in Seattle. The San Francisco company acquired the property from a...

Dwight Capital has provided $59 million of mortgage financing under the U.S. Department of Housing and Urban Development's 223(f) program for Alden Park Kingsland, a 423-unit apartment property just outside of George Bush Park in Houston. Proceeds of...

PCCP LLC has provided $162 million of senior financing for the construction of the 345-unit Hoboken Urby apartment property that's near a commuter rail and PATH station in Hoboken, N.J., just across the Hudson River from Manhattan. The...

Commercial Real Estate Direct Staff Report A venture of Morning Calm Management and Praelium has bought the 27-story Charlotte Plaza office building in Charlotte, N.C., for $70 million, or $108.76/sf. Morning Calm, of Boca Raton, Fla., and Praelium,...

Braemar Hotels & Resorts Inc., which was formed 12 years ago through the spin-off of Ashford Hospitality Trust Inc.'s high-end hotels, has put itself on the sales block. The REIT said a special committee of directors that it...