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Deals news – page 106
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SVN | Wood Brokers Sale of 23-Story Riverview Tower in Downtown KnoxvilleKNOXVILLE, TENN. — SVN | Wood Properties has brokered the sale of Riverview Tower, a 23-story office tower located at 900 S. Gay St. in downtown Knoxville. Apex Bank purchased the building for an undisclosed price from an affiliate of Hertz Investment Group.
Representative imageMatthews Negotiates $15.8M Sale of Industrial Facility in Columbia, TennesseeCOLUMBIA, TENN. — Matthews has negotiated the $15.8 million sale of a 162,934-square-foot industrial facility located on 15.5 acres at 2206 Oakland Parkway in Columbia, a city in Middle Tennessee’s Maury County.
Partnership Acquires 113,500 SF Industrial Building in North Los AngelesLOS ANGELES — A partnership between Slater Harding Partners, Foundation Capital Partners and Sierra Ridge Capital has purchased an industrial building, located at 12224 Montague St. in the Pacoima submarket of North Los Angeles, for an undisclosed price.
CBRE Negotiates Sale of 43,944 SF South Rainbow Business Park in Las VegasLAS VEGAS — CBRE has directed the sale of South Rainbow Business Park, an office property located at 5920 and 5940 S. Rainbow Blvd., in Las Vegas. GPS LV Business Park acquired the asset from South Rainbow Park Property Co. LCC for $11.7 million.
Standard, Belay Acquire 256-Unit Apartment Property in Lombard, IllinoisLOMBARD, ILL. — Standard Real Estate Investments has expanded its strategic partnership with Belay Investment Group. The venture will target middle-market, value-add multifamily investment opportunities in the Midwest with a commitment of $50 million.
Representative imageMedipower Pays $115M for East Coast Retail PortfolioJLL Capital Markets brokered the deal on behalf of the seller. The post Medipower Pays $115M for East Coast Retail Portfolio appeared first on Commercial Property Executive.
Representative imageEquus Sells Houston Office AssetThe property previously traded in a $60 million portfolio transaction. The post Equus Sells Houston Office Asset appeared first on Commercial Property Executive.
Representative imageBasis, OneIM Seed JV With $145M BuyBMO Bank provided $106 million in acquisition financing. The post Basis, OneIM Seed JV With $145M Buy appeared first on Commercial Property Executive.
Multi-Story Warehouse Sale Sets Pricing Benchmark for LICMarcus & Millichap recently closed the sale of 43-10 21st St., a two-story industrial property in Long Island City, Queens. The asset sold for $14.5 million.
E.V. Bishoff Company Expands Cincinnati Presence with Office AcquisitionE.V. Bishoff Company has acquired the 125,000-square-foot 30 Merchant Street Building in Cincinnati, Ohio.
Melvin Mark Investors Acquire Office Building in Downtown PortlandMelvin Mark Investors announced today the acquisition of 200 SW Market Street, a 19-story, 400,000-square-foot office building in Portland’s downtown core.
Mid Atlantic Port Services Acquires Industrial Warehouse in MarylandMacKenzie Commercial Real Estate Services has brokered the sale of 6101 E. Lombard Street, a 30,253 square foot industrial warehouse building in Baltimore City, to Mid Atlantic Port Services for $5.7 million.
Welltower Buys Palm Beach County Assisted Living Facility for $87MWelltower, a real estate investment trust dedicated to senior living, has paid $87.2 million for an assisted living facility in Lake Worth, Fla., property records show.
ESRT to Sell 250 West 57th Street to Namdar Realty Group for $280MEmpire State Realty Trust has entered a contract to sell its 26-story office building at 250 West 57th Street to Namdar Realty Group for roughly $280 million, according to sources close to the deal.
Knightvest Acquires 389-Unit Uptown Dallas Apartment CommunityKnightvest Capital acquired the Ardan community in Dallas. Built in 2018, the Class A, 389-unit high-rise community is located in the West Village neighborhood of Uptown Dallas. Brookfield Properties was the seller. Knightvest Capital secured a $112 million acquisition loan.
Newmark Brokers Sale of 283-Unit Apartment Complex in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Newmark has brokered the sale of Jefferson Cove, a 283-unit apartment complex located midway between Dallas and Fort Worth in Grand Prairie. Completed in 2024, Jefferson Cove offers one-, two- and three-bedroom units.
Representative imageMarcus & Millichap Negotiates Sale of 44,104 SF Office Building in IrvingIRVING, TEXAS — Marcus & Millichap has brokered the sale of a 44,104-square-foot office building in Irving’s Las Colinas district.
JV Picks Up Atlanta/Orlando Warehouse Portfolio for $144.5MBasis Industrial and One Investment Management acquired an 839,001-square-foot shallow bay industrial package spanning the Atlanta and Orlando markets for $144.6 million. Albany Road Real Estate Partners was the seller.
Representative imageBarry Sternlicht’s LNR Sells Scribner Building to Aurora Capital for $54MTwo years after taking back the keys from Thor Equities, LNR Partners has sold 597-599 Fifth Avenue for $54 million. Robert Cayre’s Aurora Capital purchased the properties, which includes the 12-story Scribner Building, according to property records.
Representative imageBrennan Acquires Two Industrial Buildings in Metro Nashville Totaling 225,000 SFGOODLETTSVILLE, TENN. — Brennan Investment Group has acquired two newly constructed distribution facilities located at 1022-1024 Louisville Highway in Goodlettsville, a northern suburb of Nashville. The seller and sales price were not disclosed.