Altus Pays $54Mln for Denver Office Property
March 29, 2023
Philadelphia Sees 759 Apartment Units Going Up
March 29, 2023
Subject: Property Acquisitions (ACQ)
196,000-SF Industrial Property in Stanwood, Wash., Sells for $19.5Mln
ConnectCRE.com No Meat Factory has paid $19.5 million, or $99.49/sf, for the 196,000-square-foot industrial property at 10120 269th Place NW in Stanwood, Wash. The Coldstream, British Columbia, plant-based meat alternative company purchased the property from Twin City Foods in a ...
Altus Pays $54Mln for Denver Office Property
Mile High CRE Altus Properties has paid $54 million, or $513.05/sf, for 2nd & Josephine, a four-building office and retail property with 105,253 square feet in Denver. The Clayton, Mo., investment firm purchased the property from Unico Properties. Essex Financial ...
Los Angeles-Area Apartment Property Sells for $39.5Mln
Commercial Real Estate Direct Staff Report Golden Bee Properties has paid $39.5 million, or $197,500/unit, for Mountain View Manor, a 200-unit apartment property in Sylmar, Calif. The Los Angeles developer purchased the property from Positive Investments Inc., which had acquired ...
Los Angeles-Area Apartment Property Sells for $54Mln
LA Apartments has paid $54 million, or $263,414/unit, for Haven Warner Center, a 205-unit apartment property in Canoga Park, Calif. The Los Angeles investment manager purchased the property in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. ...
North Miami Office Property Fetches $39Mln
South Florida Business Journal Biscayne Real Estate Holdings LLC has paid $39 million, or about $249.29/sf, for the 156,446-square-foot Biscayne Centre office property in North Miami, Fla. The Miami Lakes, Fla., company purchased the property, which sits on 2.7 acres ...
Central Valley, Calif., Apartments Change Hands for $50Mln
Oak View Apartments, with 237 units in the Central Valley, Calif., city of Visalia, has changed hands for $50 million, or $210,970/unit. The transaction, between two Southern California investors, was arranged by the Mogharebi Group of Costa Mesa, Calif. It ...
774-Unit Self-Storage Property Near Indianapolis Trades Hands
Multi-Housing News StorageMart has acquired Storage Space, a 774-unit self-storage property in Carmel, Ind. The seller and sales price could not yet be learned. The 93,086-square-foot property was built between 1971 and 1983 at 147 West Carmel Drive, about 15 ...
Irvine, Calif. Office Property Sells for $43.5Mln
Rentv.com A limited liability company based in Oceanside, Calif., has paid $43.5 million, or $381.91/sf, for a 113,900-square-foot office property within the Irvine Spectrum development in Irvine, Calif. The company purchased the property from an Orange, Calif., LLC in a ...
Portland, Ore., Industrial Property Sells for $37.3Mln
A venture of BKM Capital Partners and TerraCore Capital has paid $37.3 million, or $163.23/sf, for Airport Business Center, an 11-building industrial property with 228,518 square feet in Portland, Ore. BKM, of Newport Beach, Calif., and TerraCore, of New York, ...
Transwestern Buys 582,400-SF Industrial Property in Columbus, Ohio
Commercial Property Executive Transwestern Investment Group has acquired Rickenbacker Global Logistics Park Rail Site 8, a 582,400-square-foot industrial property in Columbus, Ohio. The purchase price could not yet be learned. The Dallas investment management firm purchased the property from Duke ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
