Terreno Realty Corp. has paid $84.3 million for a four-building industrial property at 6584-6674 Fleet Drive in the Washington, D.C., suburb of Alexandria, Va. The Bellevue, Wash., investor bought the 357,000-square-foot property from an undisclosed seller. The property, about two ...
Commercial Real Estate Direct Staff Report KKR & Co. Inc. has taken control of Chevy Chase Plaza, a 161,515-square-foot office property in the Friendship Heights section of Washington, D.C., through a deed-in-lieu of foreclosure. The New York investor had assumed ...
Commercial Real Estate Direct Staff Report New York Life Insurance Co. has provided $40 million of financing to facilitate Decron Properties' $69 million, or $259,398/unit, purchase of Hangar at Thunderbird, a 266-unit apartment property in Glendale, Ariz. The Los Angeles ...
The Real Deal David Werner Real Estate has agreed to pay $115 million, or $222.55/sf, for 100 Wall St., a 516,740-square-foot office property in lower Manhattan. The New York investor is buying the 55-year-old building from Barings of Charlotte, N.C., ...
Commercial Real Estate Direct Staff Report A venture of Namdar Realty Group and Mason Asset Management has paid $54 million, or $42.86/sf, for the 1.26 million-square-foot office property at 200 Public Square in Cleveland. Namdar and Mason, both of Great ...
An affiliate of Endeavor Opportunity Fund III has bought Plaza on the Lake, a 120,789-square-foot office building in Austin, Texas. The fund, managed by Endeavor Real Estate Group of Austin, purchased the three-story property from a venture led by Clarion ...
TRUSOT Developments has lined up $43 million of financing for the 210-unit Solamar Apartment Homes property it constructed in the Orlando, Fla., suburb of Kissimmee, Fla. JLL Capital Markets arranged the loan on behalf of the Miami company, which had ...
Commercial Property Executive IRA Capital has paid $21.5 million, or $90.72/sf, for the 237,000-square-foot life-sciences and research and development property at 3435 Stelzer Road in Columbus, Ohio. The Irvine, Calif., investment firm purchased the property from Inland Real Estate Group, ...
Commercial Real Estate Direct Staff Report Universal Communications Network Inc. has paid $31 million, or $361.01/sf, for the 85,869-square-foot office property at 129 West 29th St. in the Chelsea neighborhood of Manhattan. The media company, which publishes the Epoch Times ...
REBusiness Online Dermody Properties has bought a pair of industrial buildings totaling 548,040 square feet within the Gillem Logistics Center in Atlanta. Robinson Weeks Partners sold Building 700, with 169,520 sf, and Building 1200, with 378,520 sf, for a price ...
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