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Commercial Real Estate Direct Staff Report S&S Properties has paid $67.15 million, or $186,527/unit, for the 360-unit Lakeside Gardens apartment property in the Louisville, Ky., suburb of Jeffersonville, Ind. The Pennsylvania-based family office purchased the property from a venture led ...
They are fully occupied by BASCO, Golden Tiger Transportation and Kid Glove Service.
ConnectCRE Diamond Properties has acquired a pair of distribution buildings totaling 245,000 square feet in Indianapolis. The purchase price could not yet be learned. The New York investment firm purchased the industrial properties, at 4316 West Minnesota St. and 4750 ...
Commercial Real Estate Direct Staff Report The Glenbrook Square shopping mall in Fort Wayne, Ind., whose $141.05 million mortgage has been with special servicer Greystone Servicing Co. since July 2020, was re-appraised earlier this year at a value of only ...
REBusiness Online MBG has broken ground on James at Chatham Hills, a 250-unit apartment property in Westfield, Ind. The Noblesville, Ind., developer is building the property at 20021 Chad Hittle Drive, about 30 miles north of Indianapolis. Chatham Hills will ...
The sales price could not yet be learned, but the property was assessed this year at a value of $47.67 million, or about $124,141/unit.
Multi-Housing News RailField has acquired Hangar on Emerson, a 218-unit apartment property in Greenwood, Ind., about 12 miles south of Indianapolis. The sales price could not yet be learned. The Bethesda, Md., company purchased the property from Garrett Cos. in ...
New York Life Real Estate Investors provided a five-year loan with a fixed rate to facilitate the deal. The property is 97 percent occupied and has 25- to 30-foot clear heights, 73 dock positions, 10 drive-in doors and truck courts.
The investment manager bought the property from HJH Investments Inc., which had acquired it in 2019 for $26.5 million. Northmarq brokered the latest deal. HJH, a Wichita, Kan., investment manager, said the deal generated an internal rate of return of ...
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