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Deals news – page 28
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Finmarc Acquires 460K-SF North Virginia Office Portfolio for $77MFinmarc Management, Inc. has completed the $77.5 million acquisition of Highline at Greensboro, a two-building portfolio composed of approximately 460,000 square feet of commercial office space.
Rainier Cos. Sells Multifamily Community in Fort Collins, Colorado for $62.7MFORT COLLINS, COLO. — The Rainier Cos. has sold Seasons at Horsetooth Crossing, a garden-style multifamily community in Fort Collins, for $62.7 million.
IPA Arranges $47.5M Sale of Cascadia Fairwood Landing Apartments in Renton, WashingtonRENTON, WASH. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $47.5 million sale of Cascadia at Fairwood Landing, a multifamily property in Renton’s Fairwood neighborhood.
Finmarc Purchases Twin Office Towers in Northern Virginia for $77.5MMCLEAN, VA. — Bethesda, Md.-based Finmarc Management Inc. has completed its $77.5 million purchase of Highline at Greensboro, an office campus in Northern Virginia’s Tysons Corner submarket comprising twin 10-story office buildings.
Berkadia Arranges $62.3M Sale of Office Building in Miami’s Coconut Grove NeighborhoodMIAMI — Berkadia has arranged the $62.3 million sale of The Grove at 3250 Mary, a five-story, 80,000-square-foot office building located on a 1.3-acre site in Miami’s Coconut Grove neighborhood.
Benderson Acquires Three Florida Retail Properties Totaling 400,000 SFUNIVERSITY PARK, FLA. — Benderson Development has acquired three retail properties on the Gulf Coast side of Florida totaling 400,000 square feet.
The Broker’s Guide to Winning Certainty in Bridge LendingEvery broker has a lender who talks fast and a lender who moves fast. This guide is about the difference, and why it decides who gets the second call.
Podcast: Using AI to Make Better CRE Acquisition & Underwriting DecisionsSteven Song is the founder and CEO of Diald, an AI-powered decision intelligence platform for commercial real estate.
EXCLUSIVE: Industrial Outdoor Storage Investor Continues Buying Spree In Metro AtlantaAlterra IOS acquires more IOS properties in Atlanta, enhancing its portfolio.
Century 21 Redevelopment Adds Burlington, National Grocer to Tenant RosterMCB Real Estate, an institutional commercial real estate investment management firm and developer with nationwide holdings, and Osiris Ventures, an urban retail-focused investment firm, have secured leases with two major retail brands at Century Marketplace, the $130-million…
Multi-Tenant Corona del Mar Retail Sells Above Asking PriceCoastal Commercial and Marcus & Millichap arranged the $13.7-million sale of 2515 E. Coast Highway, a prominent multi-tenant retail property located in Corona del Mar. The transaction was represented by Nathan Holthouser of Coastal Commercial and Ron Duong of Marcus & Millichap.
Lincoln Property Partnership Acquires $450M Mixed-Use Tri-State PortfolioLincoln Property Company, Saber-Hightower and Waterfall Asset Management have acquired a $450-million Tri-State portfolio spanning four million square feet of existing properties and prime development sites across 300 acres in New York, New Jersey and Connecticut.
Massachusetts AG Orders Post-Merger Sale of Two Boston Apartment TowersTwo Boston apartment towers in the portfolio of newly merged Vivmark Residential will be sold under an agreement between Massachusetts Attorney General Andrea Joy Campbell and the merger partners, Equity Residential and AvalonBay Communities.
Representative imageRexford to Sell $1.2B SoCal Portfolio to EQTRexford Industrial Realty is significantly slimming down its portfolio in Southern California.
Entre Commercial Realty Negotiates Long-Term Lease at Truck Maintenance FacilityEntre Commercial Realty executed the lease of a 16,932-square-foot industrial building located at 675 Greenleaf Avenue in Elk Grove Village, Illinois. Entre represented Nearby Truck Repair LLC, a local diesel mechanic and fleet repair operator.
Zar Property Buys NoHo’s 31-35 Great Jones Street for $21MZar Property NY has bought two NoHo mixed-use buildings at 31-35 Great Jones Street for $21 million, Commercial Observer has learned. The nearly identical adjacent buildings between Lafayette Street and the Bowery have been owned by the Scott family of Great Jones St.
Finmarc Buys NoVA Office Complex for $78MFinmarc Management has acquired a pair of office towers in Tysons, Va., for $77.5 million as the company begins another wave of acquisitions while doubling down on office space in Northern Virginia.
Ashley's Frasers Sets £20B Real Estate Acquisition TargetFrasers Group plans to expand its property holdings to £20B, boosting its UK influence.
Oxford Properties Pays $435M For Boston Office Tower, Eyes More DealsOxford Properties acquires One Marina Park Drive for $435M, marking its first core office asset purchase in a decade.
PCCP, RPM Pick Up 358-Unit Arlington Multifamily CommunityA joint venture between PCCP and RPM Living Investments has acquired Truman at Arlington Commons, a four-story multifamily community located at 505 E Lamar Boulevard in Arlington, TX. The property was developed and owned by The Nehemiah Company.