Washington Business Journal Pantzer Property Management has paid $211.5 million, or $480,682/unit, for the 440-unit Witmer apartment building in the Washington, D.C., suburb of Arlington, Va. The Manhattan apartment owner acquired the property from Kimco Realty Corp. of...

Philadelphia Business Journal A venture of Namdar Realty Group, Mason Asset Management, and CH Capital Group is under contract to purchase the Willow Grove Park Mall in Willow Grove, Pa. The New York-based buyers are buying the property...

Boston Business Journal Oxford Properties Group has paid $435 million, or $870/sf, for One Marina Park Drive, a 500,000-square-foot office building in Boston. The Toronto real estate investor purchased the 18-story property from an affiliate of Clarion Partners...

Hamilton Zanze has paid $62.7 million, or $301,442/unit, for Seasons at Horsetooth Crossing, a 208-unit apartment property in Fort Collins, Colo. The San Francisco investment manager, which invests on behalf of its network of high net-worth investors, acquired...

Multi-Housing News An affiliate of BentallGreenOak, or BGO, has paid $160 million, or $531,561/unit, for the 301-unit Savanna at Reed's Crossing apartments in Hillsboro, Ore., about 14 miles west of downtown Portland, Ore. The Toronto investor acquired the...

Principal Financial Group has provided $32 million of mortgage financing against the Stop & Shop Plaza retail center in the Springfield Gardens section of Queens, N.Y. The loan, arranged by Northmarq's New York metro debt and equity team,...

Commercial Property Executive Travelers Club Luggage has paid $51.3 million, or $340.76/sf, for the GLP Mid-Counties Distribution Center, a 150,548-square-foot industrial property in Santa Fe Springs, Calif. The travel gear company acquired the property, at 13900 Carmenita Road,...

Jacksonville Business Journal Mesa Capital Partners has paid $60.5 million, or $209,343/unit, for the 289-unit Satori Town Center apartment complex in Jacksonville, Fla. The Atlanta investment firm acquired the four-story property from LivCor, a Blackstone affiliate. Walker &...

Charlotte Business Journal CBRE Investment Management has paid $134.7 million, or $145.96/sf, for North Charlotte Commerce Center, a 926,433-square-foot industrial park in Mooresville, N.C., about 32 miles north of Charlotte, N.C. The real assets investment manager purchased the...

Commercial Real Estate Direct Staff Report Demand from artificial intelligence and technology companies drove San Francisco's office vacancy rate lower by 630 basis points from a year earlier to 28.2% in the second quarter, according to Savills. Seven...

Washington Business Journal Finmarc Management has paid $77.5 million, or $168.48/sf, for Highline at Greensboro, a 460,000-square-foot office complex in Tysons, Va. The Bethesda, Md., investor purchased the two-building property from CIM Group of Los Angeles, which took...

South Florida Business Journal An affiliate of El-Ad National Properties has paid $62.3 million, or $778.75/sf, for the 80,000-square-foot Grove at 3250 Mary office building in Miami. The Boca Raton, Fla., developer acquired the property from a venture...

An affiliate of Apollo Global Management has provided $74.5 million of financing to fund the purchase and planned redevelopment of the 107,000-square-foot Seaview House Marina office building in Stamford, Conn., into residential condominiums. The loan, arranged by Walker...

Puget Sound Business Journal Breakthrough Properties has paid $78 million, or about $288.89/sf, for the 270,000-square-foot biomanufacturing property at 215 Shuksan Way in Everett, Wash., about 25 miles north of Seattle. The Los Angeles investor acquired the facility...

Lightstone Group has paid $88 million, or $508,671/unit, for the leasehold interest in the 173-unit apartment building at 323 West 96th St. in Manhattan, as well as a 50% stake in the fee interest, or land beneath the...

Procter & Gamble Co.'s Gillette operation has paid $99.29 million for the 2.4-acre development site at 232 A St. in South Boston. The local company, which Procter & Gamble bought in 2005, will develop its grooming business and...

Commercial Property Executive Four Corners Properties has received $67.4 million of financing for the redevelopment of Forge North First, a 205,800-square-foot industrial and research and development property in San Jose, Calif. The five-year loan was provided by an...

Rexford Industrial Realty Inc. has agreed to sell a portfolio of 22 of its industrial properties for $1.2 billion to EQT Real Estate. The sale by Rexford, a Los Angeles REIT, is part of an effort it launched...

Vinebrook Homes has paid $27.75 million, or $259,346/unit, for the 107-unit Charleston Row Townhomes in the Charlotte, N.C., suburb of Pineville, N.C. The Dallas owner and operator of single-family rental homes bought the 12-year-old property, at 11945 Crooked...

Commercial Real Estate Direct Staff Report An affiliate of Ashley Furniture has paid $33.9 million, or $165.03/sf, for the 205,413-square-foot Bridge Point Tacoma 210 industrial property in Tacoma, Wash. The home furnishing company acquired the property from its...

Sym Investments has paid $131 million, or $392,215/unit, for Edison Lofts, a 334-unit apartment property in the New York suburb of West Orange, N.J. The Cedarhurst, N.Y., investor bought the property, at 33 Ashland Ave., from Prism Capital...

Fabrinet, which recently purchased the Stadium Place office and research and development property in Santa Clara, Calif., plans to occupy 57% of the 225,000-square-foot complex. The Bangkok company is a service provider for the manufacturing of optical components...

Realterm and Starwood Property Trust Inc. have partnered to provide a $672 million mortgage against a portfolio of 78 industrial outdoor-storage, or IOS, properties owned by a venture of Stonemont Financial Group and Cerberus Capital Management. The loan...

Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and funds managed by AB CarVal have provided $42 million of mortgage financing against the 245-room THesis Hotel Miami in Coral Gables, Fla. The property is part of the...

Multi-Housing News JB Matteson has paid $72.3 million, or $251,042/unit, for the 288-unit Vantage at Loveland apartments in Loveland, Colo., about 15 miles south of Fort Collins, Colo. The San Francisco investor acquired the property, at 1430 South...