The nation's largest apartment REITs, which own 493,639 units, are falling behind the broader market in terms of rent growth. But the rents they're generating remain at levels higher than the national average.

Atlanta Business Chronicle LM Real Estate Partners has purchased the 154,000-square-foot industrial building at 5000 Highlands Parkway in Smyrna, Ga., for $27 million, or $175.32/sf. The New York investment firm bought the property from Berkeley Partners of Oakland, Calif.,...

Charlotte Business Journal Elite Logistix has signed a seven-year lease for 221,000 square feet of industrial space at 4140 Pleasant Road in Fort Mill, S.C., a suburb of Charlotte, N.C. The Rock Hill, S.C., third-party logistics company leased the...

Commercial Real Estate Direct Staff Report An affiliate of Cannon Commercial Inc. has paid $240 million, or $92.66/sf, for a portfolio of seven industrial properties totaling 2.59 million square feet in Nevada, Illinois, and Ohio. The Los Angeles investment...

Charlotte Business Journal Tishman Speyer has acquired Berkshire Dilworth, a 296-unit apartment community in Charlotte, N.C., for $76.3 million, or $257,770/unit. The New York investment manager purchased the property, at 1351 East Morehead St., through its $973 million TS...