Valuation: Between $25 million and $50 million

First National Realty Partners has paid $38.3 million, or $275.78/sf, for Cedar Center South, a 138,881-square-foot retail center in University Heights, Ohio, about nine miles east of Cleveland. The Red Bank, N.J., investment manager, which owns 31 retail properties with ...

Investment manager 29th Street Capital has paid $43.36 million, or $198,000/unit for the 219-unit ReNew Sandy Springs Apartments in the Atlanta suburb of Sandy Springs, Gal. The Chicago company, founded in 2009, has 11,015 apartment and student-housing units under management. ...

Sentre has paid $40.75 million, or $178.02/sf, for Temecula Heights, a 228,912-square-foot industrial property in the Riverside County, Calif., city of Temecula. The San Diego investment firm acquired the property from Stos Partners of Encinitas, Calif., which had purchased it last ...

Commercial Observer My Sales LLC has paid $25 million, or $378.79/sf, for the 66,000-square-foot industrial building at 75 Onderdonk Ave. in Queens, N.Y. The Edison, N.J., company bought the property from Jason Richard Realty. B6 Real Estate Advisors represented the ...

Austin Business Journal Lynd Corp. has bought Legends Lake Creek, a 250-unit apartment complex in Austin, Texas. The Shavano Park, Texas, company purchased the property, at 10015 Lake Creek Parkway, from EEBB Apartments Limited III Ltd. of Miami. The purchase ...

Commercial Real Estate Direct Staff Report Southwood Realty has paid $35.6 million, or $148,333/unit, for the 240-unit Walden Creek apartment property in Greenville, S.C. The Gastonia, N.C., company bought the complex from United Residential Properties of Macon, Ga. Capstone Apartment ...

Commercial Real Estate Direct Staff Report Bank Leumi has provided $37 million of financing against the 116-unit apartment property at 222 Johnson Ave. in Brooklyn, N.Y. The loan allowed the property's owner, Slate Property Group of New York, to retire $35.5 ...

South Florida Business Journal A venture led by Related Group has bought the 143-unit Park Towers Apartments in Miami for $33.75 million, or about $236,014/unit. An affiliate of J.I. Kislak of Miami Lakes, Fla., was the seller. The Housing Finance ...

A venture of Spirit Investment Partners and Bascom Group has paid $49.11 million, or $222,217/unit, for the 221-unit 415 Premier Apartments in the Chicago suburb of Evanston, Ill. The venture, which funded its purchase with a mortgage from Rialto Capital ...

Grover Corlew has paid $44.6 million, or $407.32/sf, for the Bank of America Tower, a 109,497-square-foot office building in Boca Raton, Fla. The Boca Raton investment manager bought the property from Black Creek Diversified Property Fund, a Denver non-traded REIT ...