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Representative imageMatthews Arranges Sale of 12,719 SF Healthcare Building in North San AntonioSAN ANTONIO — Nashville-based brokerage firm Matthews has arranged the sale of a 12,719-square-foot healthcare building in San Antonio.
Representative imageNewmark Arranges $145M Loan for Refinancing of Philadelphia Apartment BuildingPHILADELPHIA — Newmark has arranged a $145 million loan for the refinancing of Josephine, a 255-unit apartment building in Philadelphia. The 27-story building is located at 1620 Sansom St.
Lincoln, Principal Purchase Land Near Nashville Airport, Plan 167,133 SF Industrial ProjectNASHVILLE, TENN. — Lincoln Property Co. and Principal Asset Management have purchased a 13.5-acre site at 41 Rachel Road in Nashville.
Third & Urban Unveils Renovation Plans for Atkins Park Retail Cluster in AtlantaATLANTA — Locally based Third & Urban has unveiled renovation plans for the Atkins Park Collection, a 61,120-square-foot retail portfolio located in Atlanta’s Virginia-Highland neighborhood.
CAPREIT Acquires 157-Unit Build-to-Rent Development Underway in Woodruff, South CarolinaWOODRFUFF, S.C. — CAPREIT has acquired Hart Townes, a 157-unit build-to-rent residential community located at 339 Hart Townes Way in Woodruff, about 21 miles southeast of Greenville, S.C. The seller and sales price were not disclosed.
USA Properties Fund Completes 147-Unit Affordable Housing Development in La Mesa, CaliforniaLA MESA, CALIF. — USA Properties Fund has completed 8181 Allison, an affordable multifamily community in La Mesa’s Downtown Village.
ViaWest Group, Walton Street Capital Sell Farmer Industrial Center in Tempe for $24.5MTEMPE, ARIZ. — ViaWest Group and Walton Street Capital have completed the disposition of Farmer Industrial Center, a two-building industrial park in Tempe. Speed Bay acquired the asset, located at 9185 and 9245 S. Farmer Ave., for $24.5 million.
Representative imageJamboree Opens 32-Unit Larkin Place Affordable Housing Property in Claremont, CaliforniaCLAREMONT, CALIF. — Jamboree Housing Corp. has opened Larkin Place, an affordable multifamily property in Claremont.
JLL Arranges $25.2M Refinancing for Boutique Apartment Building in ChicagoCHICAGO — JLL Capital Markets has arranged a $25.2 million loan for the refinancing of Chateau on Wells, a 43-unit luxury apartment building in downtown Chicago. The boutique property, built in 2016, features one retail suite and is located at 707 N. Wells St.
Representative imageJLL Provides $125.5M Agency Loan for Refinancing of Brooklyn Apartment BuildingNEW YORK CITY — JLL has provided a $125.5 million Freddie Mac loan for the refinancing of Union Channel, a 224-unit apartment building located in the Gowanus area of Brooklyn.
MMR Group Signs 214,000 SF Industrial Lease in Columbus, OhioCOLUMBUS, OHIO — MMR Group Inc., an electrical specialty manufacturing and technical firm, has leased 2300 McGaw Road, a 214,000-square-foot industrial property in Columbus.
Representative imageSVN Chicago Commercial Brokers $3.7M Sale of Multifamily Development Site in Hoffman EstatesHOFFMAN ESTATES, ILL. — SVN Chicago Commercial has brokered the $3.7 million sale of a 7.2-acre development site at 2350 W. Higgins Road in Hoffman Estates.
BREAKING NEWS: CPI Meets Expectations, Reinforcing Fed’s “Wait and See” StanceU.S. consumer prices increased 0.3% in February, matching economist expectations and accelerating slightly from 0.2% in January, according to the latest inflation data. On an annual basis, consumer prices rose 2.4% year-over-year, unchanged from the prior month.
Adam Shane’s Yoga Joint to Open Manhattan and Brooklyn LocationsA former Barry’s executive is bringing his heated yoga concept to two New York City boroughs after signing a lease in Brooklyn and another in Manhattan.
SHoP Architects Renews, Expands Lease at Woolworth BuildingCammeby’s announced that long-term office tenant SHoP Architects has signed a 15-year lease renewal and expansion totaling approximately 56,000 square feet at the historic Woolworth Building, 233 Broadway in Lower Manhattan.
Phillips Edison Snags Unanchored West Covina Retail CenterJLL Capital Markets represented a private seller in the $25.78-million sale of Shops at Plaza West Covina, a 46,406-square-foot shopping center located in West Covina. The buyer was Phillips Edison & Company. Plaza West Covina is located at 310 S California Ave.
Parcel Assemblage Sale Sets East Williamsburg Record for PricingAvison Young arranged the $13.5 million sale of a four-lot development assemblage at 873–879 Grand St. in Brooklyn’s East Williamsburg neighborhood. The firm said the sale achieved neighborhood-record pricing of $450 per buildable square foot.
Alex Heim Joins CBRE as SVP in Ontario OfficeCBRE said Tuesday that Alex Heim has joined the firm as an SVP in the Ontario office.
S3 Capital Lends on Multi-Phase Allenhurst Residential ProjectS3 Capital originated a $49-million construction loan to finance the development of a new residential community in Allenhurst, a costal enclave in Monmouth County, NJ.
Northern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business ParkNorthern Builders plans today to develop a new 365,000 square foot build-to-suit industrial facility in New Lenox, Illinois for an undisclosed user. Situated on approximately 19.9 acres along W.