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Deals news – page 23
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Vantage Communities Sells 288-Unit Multifamily Community in Loveland, ColoradoLOVELAND, COLO. — Vantage Communities has sold Vantage at Loveland, an apartment community located just south of Fort Collins. The buyer was JB Matteson, and the sales price was undisclosed.
CBRE Brokers $87.5M Sale of Nine-Building Industrial Portfolio in Benicia, CaliforniaBENICIA, CALIF. — CBRE has brokered the $87.5 million sale of a nine-building industrial portfolio in Benecia, part of the San Francisco Bay Area.
Representative imageMarcus & Millichap Brokers $10.3M Sale of Bronx Industrial BuildingNEW YORK CITY — Marcus & Millichap has brokered the $10.3 million sale of a 9,200-square-foot industrial building in The Bronx. The building at 935 Garrison Ave. is located within a Qualified Opportunity Zone and was fully vacant at the time of sale.
IPA Arranges $37M Sale of Vista Ridge Apartments in Issaquah, WashingtonISSAQUAH, WASH. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $37 million sale of Vista Ridge Apartments, a multifamily property in Issaquah, located east of Seattle. The sales price equates to $406,593 per unit.
Industrial Developer Eyes Beltway 8 for Warehouse VentureLevey Group acquired 30 acres on the northeastern Beltway 8 for a new industrial park. The Houston Business Journal reports the company likes to develop along Beltway 8 because it connects to all major highways quickly.
Harrison Street, Meridian Buy 431K SF NoVA Office PortfolioMeridian Group and Harrison Street Asset Management have acquired a five-building office portfolio in Chantilly, Va., as part of a broader push to attract national security, defense and intelligence firms as tenants.
814K-SF Spartanburg Industrial Park Trades for $99.5MBrennan Investment Group and Grandview Partners sold Crossroads Logistics Park, an 814,000 square foot industrial campus in Spartanburg, SC. The sales price was $99.5 million. Commercial Search reports that Invesco Real Estate acquired the asset.
Stratford Partners JV Buys San Diego-Area Apartments for $34MA joint venture between Stratford Partners and LLJ has acquired a 189-unit apartment complex in northern San Diego County.
MacKenzie Tapped as Exclusive Leasing Broker for 180K-SF WarehouseMacKenzie Commercial Real Estate Services has been named the exclusive leasing broker of record for Liberty Park Gordonsville, an 180,000-square-foot industrial warehouse building located at 1 Cleveland Street in Gordonsville, Virginia.
T30 Capital Sells East Williamsburg Loft Building at 59 Bogart Street for $30MLocal real estate investor Jo-Ann Obergfell is buying a 51-unit multifamily property in East Williamsburg, Brooklyn.
EQT Real Estate Sells 10M SF Southeast Logistics PortfolioEQT Real Estate sold a 10M SF Southeast logistics portfolio spanning 46 buildings across the region to LBA Realty.
Representative imageEthics Disclosure Shows Trump Sold CoStar, Bought CoreWeave Stock In JuneTrump's financial disclosure reveals more than 1,000 trades in June that made the president a net seller of CRE firms.
Representative imageVivmark Residential Acquires California Multifamily Portfolio for $742MFollowing a generational merger, the largest apartment real estate investment trust (REIT) in the business just got a little bit bigger.
JVM Realty Buys 280-Unit Apartment Community in Oswego, IllinoisOSWEGO, ILL. — JVM Realty Corp. has purchased Springs at Oswego, a 280-unit apartment community located 48 miles west of Chicago and rebranded the property as Trillium at Oswego. Continental Properties sold the property, and Cushman & Wakefield brokered the deal.
Representative imageAgemark Acquires, Rebrands Seniors Housing Community in OmahaOMAHA, NEB. — Agemark Senior Living has acquired Esprit Whispering Ridge, an assisted living and memory care community located in Omaha. Agemark has rebranded the property as The Bellflower at Whispering Ridge.
Representative imagePrudent Growth Partners Purchases 25,400 SF Retail Center in Ashland, OhioASHLAND, OHIO — Prudent Growth Partners has purchased Amberwood Plaza, a 25,400-square-foot neighborhood retail center located in the north-central Ohio city of Ashland, for $3.5 million.
JLL Arranges Sale of Open-Air Retail Center in Land O’ Lakes, FloridaLAND O’ LAKES, FLA. — JLL has arranged the sale of The Hub at Bexley, an open-air retail center located at 16954 Focus Loop in Land O’Lakes, about 20 miles north of Tampa.
Gray Street Partners Offloads 179K-SF San Antonio Retail CenterThe Palomar Group, a full-service commercial investment sales firm headquartered in Augusta, Georgia, announced the sale of Gateway Plaza, a 179,327-square- foot retail center located in San Antonio, Texas.
Newmark Negotiates Sale of 229,307 SF Office Building in Richardson, TexasRICHARDSON, TEXAS — Newmark has negotiated the sale of Tower 2600, a 229,307-square-foot office building located in the northeastern Dallas suburb of Richardson.
125K-SF Decatur Office Complex Trades for $18.6MParmenter Realty Partners and Wellings Capital bought a six-story office building at 160 Clairemont Ave., which is a few blocks north of Decatur Square. The Atlanta Business Chronicle reports the joint venture paid $18.6 million to TerraCap Management.