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Reclamation Partners Acquires Single-Tenant Industrial in Sale-LeasebackReclamation Partners, in partnership with EOZ Ventures, acquired a 33,619-square foot light industrial building located at 1023 Turnpike St., Stoughton, MA, within Boston’s infill Route 128 South industrial submarket.
PEF Advisors Acquires Hadley Affordable Geared to Seniors, FamiliesPreservation Equity Fund Advisors, LLC (PEF Advisors), a California-based real estate private equity group focused on preserving existing affordable housing in high-cost markets, has acquired University Crossing and Woodland Crossing Apartments, a 160-unit affordable community…
SVN Chicago Facilitates Sale of Redeveloped Restaurant Property in JolietSVN Chicago Commercial has completed the $1.7 million sale of a 3,339-square-foot quick-service restaurant property located at 1866 West Jefferson Street in Joliet, Illinois.
Spear Street Capital Acquires Office Property at 74 Eighth Avenue for $51MSpear Street Capital, an operator of office properties in the U.S., Canada and Europe, has purchased a 10-story office building in Manhattan’s West Village for $50.5 million, property records made public Friday show.
Representative imageBlue Owl Capital to Acquire Health Care REIT Sila Realty Trust in $2.4B DealBlue Owl Capital is set to acquire a real estate investment trust focused on health care facilities for $2.4 billion, the companies announced Monday.
Newmark Brokers Sale of 300-Unit Aura Avant Apartments in Lewisville, TexasLEWISVILLE, TEXAS — Newmark has brokered the sale of Aura Avant, a 300-unit apartment community located in the North Texas city of Lewisville.
Representative imageBradford Negotiates Sale of 20,298 SF IOS Facility in Southeast Fort WorthFORT WORTH, TEXAS — Bradford Commercial Real Estate Services has negotiated the sale of a 20,298-square-foot IOS (industrial outdoor storage) facility in southeast Fort Worth. The site at 5251-5255 Wilbarger St.
Representative imageDevli Real Estate Buys 37,000 SF Industrial Building in Leonia, New JerseyLEONIA, N.J. — New Jersey-based investment firm Devli Real Estate has purchased a 37,000-square-foot industrial building in Leonia, located in Bergen County.
Representative imageLinear Retail Acquires 11,330 SF Retail Property in Needham, MassachusettsNEEDHAM, MASS. — Local owner-operator Linear Retail Properties has acquired an 11,330-square-foot property in Needham, a southwestern suburb of Boston. Needham Center Shoppes is a single-story store block that was fully leased at the time of sale.
Representative imageConcord Wilshire Acquires 43-Acre Mixed-Use Development Site in Royal Palm Beach, Florida for $60MROYAL PALM BEACH, FLA. — Concord Wilshire Capital has acquired a 43-acre mixed-use development site in Royal Palm Beach for $60 million, with plans to move forward with a previously planned project, dubbed Main Street at Tuttle Royale.
Stonemont Purchases 216,400 SF Industrial Facility in Mableton, GeorgiaMABLETON, GA. — Stonemont, a private industrial real estate investment firm based in Atlanta, has acquired a 216,400-square-foot industrial service facility (ISF) located in Mableton, approximately 15 miles northwest of downtown Atlanta.
Deerfield Beach Warehouses Acquired for $77.5MAn affiliate of Brookfield Properties sold four warehouses at 772 S. Military Trail in Deerfield Beach to Lincoln Capital Advisors. The sales price was $77.5 million, or nearly $310 a square foot. Walton Street Capital provided a $52.28 million mortgage to the buyer. The S.
Representative imageNewmark Brokers Sale of 54,264 SF Renton Highlands Shopping Center in WashingtonRENTON, WASH. — Newmark Retail Capital Markets has arranged the sale of Renton Highlands Shopping Center, a value-add retail center at the intersection of 4110 and 4250 N.E. 4th St. in Renton. Terms of the transaction were not disclosed.
Evergreen Devco Sells Pollo Campero-Occupied Restaurant Property in Inland Empire for $2.9MLAKE ELSINORE, CALIF. — Evergreen Devco has completed the disposition of a 3,000-square-foot, single-tenant restaurant property in Lake Elsinore. A San Bernardino, Calif.-based private investor acquired the asset for $2.9 million.
Blue Owl to Acquire Sila Realty Trust for $2.4 BillionSila Realty Trust, Inc. and Blue Owl Capital Inc. said Monday that certain affiliates of Blue Owl Real Estate Capital LLC will acquire all outstanding shares of Sila’s common stock for $30.38 per share in an all-cash transaction valued at approximately $2.4 billion.
Westside LA Apartments Go Under Contract in Less Than 21 DaysMarcus & Millichap arranged the sale of two multifamily properties totaling 61 units in the Brentwood neighborhood of West Los Angeles for a combined $46.35 million. Rabbie Banafsheha and Tony Azzi of the Azzi Group of Marcus & Millichap exclusively represented the seller.
Woodmont Sells Newly Built Pennington Apartments for $116MA leading owner and operator with a national multifamily portfolio has acquired One Hundred Forge (formerly Woodmont Forge) IN Pennington, NJ.
New Empire Corporation in Contract to Buy 4 West 43rd Street for $51MMore housing could be coming to Midtown Manhattan.
GID Acquires Luxury Multifamily in San Diego’s Mission ValleyBerkadia closed the sale of Metro Mission Valley, a 305-unit, core-plus luxury apartment community in San Diego. Managing directors Ed Rosen, John Chu and Tyler Sinks of Berkadia La Jolla led the transaction on behalf of the seller. GID was the buyer.
Great Expectations SPC Acquires 102-Unit MF Development Site in PuyallupKidder Mathews has arranged the sale of Addison Grove, a 102-unit multifamily development site located at 17753 78th Avenue East in Puyallup, Washington.