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Deals news – page 125
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Mid-America Brokers Sale of 131,748 SF Grocery-Anchored Retail Property in ChicagoCHICAGO — Mid-America Real Estate Corp. has brokered the sale of 3030 North Broadway, a Mariano’s-anchored retail property serving Chicago’s Lakeview and Lincoln Park neighborhoods.
Small-Bay Industrial Property Garners “Incredible Interest”Marcus & Millichap finalized the sale of 10 Charlesview Rd., a 9,600-square-foot small-bay industrial property in Hopedale, MA, for $2.05 million.
Local Developers Acquire San Francisco Centre, Plan MakeoverThe shuttered San Francisco Centre Mall will have a new owner. A partnership of San Francisco developers Presidio Bay and Prado Group has been awarded the property after bidding on it last month, the San Francisco Standard reported.
Federal Board Recommends Sale of Coast Guard Building on Boston WaterfrontAn eight-story waterfront building at 408 Atlantic Ave. on the edge of Boston’s Financial District is one of 11 federal properties nationwide that a government board recommends selling.
Excelsior Care Group Buys Queens Nursing Home for $75MExcelsior Care Group, a network of rehabilitation and elder care services in New York and New Jersey, has acquired the Union Plaza Care Center in Flushing, Queens, for $75 million, property records made public Thursday show.
Representative imageMapletree Sells Industrial Portfolio for $575MThe deal brings the investor's industrial dispositions since last summer to upward of $1.2 billion. The post Mapletree Sells Industrial Portfolio for $575M appeared first on Commercial Property Executive.
EQT Real Estate Acquires 4.4M-SF East Coast Industrial Portfolio for $575MEQT Real Estate, a real estate investment manager and developer specializing primarily in industrial properties, has acquired a 4.4 million-square-foot industrial portfolio along the East Coast for $575 million, seller Mapletree Investments announced Thursday.
Logistics Firm Building 1.45M-SF DFW Industrial ParkLogistics Property purchased a 109-acre site in Grand Prairie with plans to develop what it calls Bear Creek Logistics Park. The site is located at 701 West Rock Island Road, south of Dallas-Fort Worth International Airport.
Wentworth Property Picks Up 238K-SF Office Campus Near TSMCWorkspace Property Trust has offloaded a 238,000 square foot office complex on Phoenix’s north side. Wentworth Property paid $26.7 million for the office campus. The campus includes two three‑story buildings with 39,750‑square‑foot floor plates.
Representative imageMillichap Brokers Sale of 466-Unit Self-Storage Facility in Crowley, TexasCROWLEY, TEXAS — Marcus & Millichap has brokered the sale ofDry Dock & Lock, a 466-unit self-storage facility in Crowley, a southern suburb of Fort Worth.
Banyan Street, Lafayette Street Acquire Harborview Plaza Offices in Tampa for $39.5MTAMPA, FLA. — A partnership between Banyan Street Capital and Lafayette Street Capital has acquired Harborview Plaza, a 6.7-acre, waterfront office complex in Tampa’s Westshore submarket. Atlanta-based Cousins Properties sold the 206,329-square-foot property for $39.5 million.
Workspace Property Trust Sells Two-Building, 238,500 SF Office Campus in PhoenixPHOENIX — Workspace Property Trust has completed the disposition of a two-building office campus in Phoenix. An affiliate of Wentworth Property Co. acquired the property for an undisclosed price.
ECI Group Sells 260-Unit Apartment Community in McDonough, GeorgiaMCDONOUGH, GA. — ECI Group has sold The Corwyn South Point Apartments, a 260-unit community located at 1000 Columns Drive in McDonough, a southern suburb of Atlanta. Morgan Properties purchased the property for an undisclosed price.
Representative imageNewmark Brokers $38.2M Sale of Land Site, Office Building in Westwood, CaliforniaWESTWOOD, CALIF. — Newmark has arranged the sale of 10918-10926 Le Conte Avenue, a land site with a 9,647-square-foot office building in Westwood. An undisclosed buyer acquired the asset from Le Conte Westwood Development for $38.2 million.
Phillips Edison & Co. Buys 46,406 SF Shops at Plaza West Covina in CaliforniaWEST COVINA, CALIF. — Phillips Edison & Co. has acquired Shops at Plaza West Covina, a retail property located at 310 S. California Ave. in West Covina, from an undisclosed seller for $25.8 million.
Representative imageJLL Negotiates $53M Sale of Mixed-Use Development Site in Lower ManhattanNEW YORK CITY — JLL has negotiated the $53 million sale of a mixed-use development site in Lower Manhattan’s Financial District. The site at 75–83 Nassau St.
JLL Brokers Sale of Overlook at Oakbrook Retail Center in Metro Chicago for $44MOAK BROOK, ILL. — JLL Capital Markets has brokered the $44 million sale of Overlook at Oakbrook, an unanchored retail strip center in Oak Brook that was constructed in 2023 and is located across from Oakbrook Center shopping mall.
Core Spaces Acquires 972-Bed Student Housing Community Near University of MissouriCOLUMBIA, MO. — Core Spaces has acquired The Collective at Columbia, a 972-bed student housing community near the University of Missouri in Columbia. Preiss and a real estate fund advised by Crow Holdings Capital sold the 318-unit property.
Representative imageCredit Union Buys Houston Office BuildingThis property previously traded in 2023 for $101 million. The post Credit Union Buys Houston Office Building appeared first on Commercial Property Executive.
Representative imageExclusive: Publix Buys North Carolina Asset It AnchorsThe company started purchasing such properties in 2023. The post Exclusive: Publix Buys North Carolina Asset It Anchors appeared first on Commercial Property Executive.