Valuation: Between $25 million and $50 million

South Florida Business Journal A venture of Kolter Group and BH Group has paid $26 million, or $412,698/room, for the 63-room Normandy Plaza Hotel in Miami Beach, Fla. Kolter, of Delray Beach, Fla., and BH, of Aventura, Fla., bought the ...

Crescent Coast Partners has paid $30 million, or $145.83/sf, for the 205,725-square-foot Terraces at Copley office property in San Diego. The Los Angeles investment firm acquired the six-story property from Peakstone Realty Trust, an El Segundo, Calif., REIT, that has ...

Crain's Chicago Business NewMark Merrill Cos. has paid $31 million, or $173.08/sf, for the 179,106-square-foot Lake Meadows Shopping Center in Chicago. The Calabasas, Calif., investment firm acquired the property, at 3357 South King Drive, from its developer, Draper & Kramer. ...

Commercial Observer Blackstone has paid $45 million, or $2,192/sf, for the 20,526-square-foot mixed-use property at 113 Spring St. in the SoHo section of Manhattan. The investment giant acquired the property from Morgan Stanley, which bought it 10 years ago for $68 ...

South Florida Business Journal Napleton Palm Beach Imports LLC has bought the 83,551-square-foot office building at 8000 West Sunrise Blvd. in Plantation, Fla., for $48.5 million, or $580.48/sf. Torburn Partners of Northbrook, Ill., sold the property, which is part of the 77-acre ...

PCCP LLC has provided $41.25 million of senior financing against the 182-unit Sovana at Stuart active-adult residential property in the southeast Florida city of Stuart. The two-building property, at 1900 Northwest Federal Highway, just off U.S. Route 1, was developed ...

South Florida Business Journal Midtown Capital Partners has purchased the 177,346-square-foot Edison office building in Pembroke Pines, Fla., for $44.5 million, or $250.92/sf. The Miami company bought the property from TPA Group of Atlanta. The purchase was financed in part ...

Atlanta Business Chronicle Georgia Power has paid $43 million, or $56.81/sf, for its 756,921-square-foot corporate headquarters building at 241 Ralph McGill Blvd. in Atlanta. The electric utility already owned the land on which the 24-story building stands. Newmark brokered the ...

LCBC Development has paid $32 million, or $298.99/sf, for the 107,028-square-foot Centerstone Plaza office property in the Los Angeles suburb of Irvine, Calif. The Newport Beach, Calif., company acquired the property, at 4000, 4010, and 4040 Barranca Parkway, from New ...

Puget Sound Business Journal An affiliate of Arise Capital has paid $37.3 million, or $227,439/unit, for the 164-unit Wellington Place Apartments in Burien, Wash., a southern suburb of Seattle. The Seattle investor acquired the property, at 327 South 177th Place, ...