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Deals news – page 107
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Colliers Brokers Sale of 338-Unit Apartment Community in South RichmondRICHMOND, VA. — Colliers has brokered the sale of The Crossings at Bramblewood, a 338-unit apartment community located at 1401 Yellowpine Circle in south Richmond. Will Mathews, Thomas Leachman, William Dickinson and Marty Mooradian of Colliers brokered the transaction.
Visintainer Group Brokers Sale of Vintner’s Square Shopping Center in Lodi, California, in Two TransactionsLODI, CALIF. — Visintainer Group has arranged the sales of the multi-tenant retail component of Vintner’s Square Shopping Center in Lodi for a combined $23.2 million in a two-part transaction. The sale was structured in two phases approximately one week apart.
Clarion Partners Buys 137-Unit Seniors Housing Community in SpokaneSPOKANE, WASH. — Clarion Partners has acquired The Grand at Spokane, a luxury seniors housing property located in Spokane. Terms of the transaction were not disclosed. The Grand at Spokane offers 137 independent living, assisted living and memory care units.
Hanley Investment Group Arranges $4.6M Sale of Single-Tenant Retail Property in Metro Los AngelesPOMONA, CALIF. — Hanley Investment Group Real Estate Advisors has arranged the $4.6 million sale of a newly renovated, single-tenant retail property located in Pomona, roughly 30 miles east of downtown Los Angeles.
Interra Realty Brokers $5.1M Sale of Two-Building Multifamily Portfolio in ChicagoCHICAGO — Interra Realty has brokered the $5.1 million sale of 2156 and 2158 W. 21st St., two multifamily buildings totaling 24 units in Chicago’s Pilsen neighborhood. Jeremy Morton of Interra represented the confidential buyer and seller.
Savills’ $1.1B Eastdil Secured Buy Creates Some Tantalizing PossibilitiesLast month, Savills, the global, Britain-based real estate brokerage services firm, executed a coup: $1.1 billion to buy Eastdil Secured.
Representative imageCanTex Sells Majority Stake in DFW PortfolioThe deal marks the company’s largest-ever disposition. The post CanTex Sells Majority Stake in DFW Portfolio appeared first on Commercial Property Executive.
Western Realco Acquires Anaheim Development Site from RexfordJLL has completed the sale of a fully entitled 12.14-acre industrial site, located on East Vermont Avenue in Anaheim, to Western Realco for $40.7 million.
Two Trees’ One Domino Square Surpasses $300M in SalesTwo Trees Management announced that its One Domino Square, Williamsburg’s tallest residential building, is now 70% sold and has surpassed $300 million in sales. Since sales launched in May 2024, 112 residences at One Domino Square have closed or entered contract.
Colliers Brokers 554K-SF Indiana Distribution Facility DealColliers has completed the sale of 70 Connect II, a 554,228-square-foot industrial distribution facility located at 7383 W 350 N in Greenfield, Indiana, within the Indianapolis Mount Comfort submarket.
Faropoint Adds Shallow-Bay Industrial Duo in Morris CountyJLL Capital Markets arranged the sale of a two-building shallow bay industrial portfolio totaling approximately 72,908 square feet located at 200 and 300 Roundhill Dr. in Rockaway Township, Morris County, NJ.
Crunch Fitness Adds Kissimmee Location to Growing Florida PortfolioCrunch Fitness is building out a spot in Kissimmee once occupied by Joann’s Fabric store. It’s all part of the companies growth plan to open 20 locations across Florida and four other states.
Valoro Obtains Discounted Miami Offices, Eyes RedevelopmentValoro Capital acquired an office building in Miami’s Edgewater neighborhood for $19 million. Novel Coworking sold the building after paying $20.6 for the property in 2019.
Greystone Adds Over 200 Affordable Atlanta-Area UnitsGreystone and Harmony Housing paid $22 million for four affordable housing communities in Forsyth County. The Triad Business Journal reports the lending giant previously owned three of the properties.
Representative imageCTO Realty Acquires 399,075 SF Retail Power Center in McAllen, TexasMCALLEN, TEXAS — CTO Realty Growth, a Florida-based REIT, has acquired Palms Crossing, a 399,075-square-foot retail power center in the Rio Grande Valley city of McAllen.
Representative imageBLS: U.S. Economy Adds 178,000 Jobs in March, More Than Tripling ExpectationsWASHINGTON, D.C. — Total nonfarm employment in the United States increased by 178,000 jobs in March, according to the U.S. Bureau of Labor Statistics (BLS).
Western Realco Buys Fully Entitled Industrial Development Site in Anaheim, California for $40.7MANAHEIM, CALIF. — Western Realco has purchased a fully entitled, 12.1-acre industrial site on East Vermont Avenue in Anaheim from Rexford Industrial for $40.7 million.
BH Properties Purchases 75,000 SF Shops at Mauna Lani on the Big Island of HawaiiWAIMAE, HAWAII — BH Properties has acquired The Shops at Mauna Lani, an open-air retail center at the entrance of Waikoloa Resort in Waimae. Terms of the transaction were not released.
Kidder Mathews Brokers Sale of 79-Unit John Winthrop Apartments in SeattleSEATTLE — Kidder Mathews has arranged the sale of John Winthrop Apartments, a multifamily property located at 1020 Seneca St. in Seattle’s First Hill neighborhood. Nordic Partners Investments acquired the asset for an undisclosed price.
Representative imageLee & Associates Brokers Sale of 64,406 SF Industrial Building in Flower Mound, TexasFLOWER MOUND, TEXAS — Lee & Associates has brokered the sale of a 64,406-square-foot industrial building in Flower Mound, located in the northern-central part of the metroplex.