Loading
Market Data
Deals news – page 37
Newest first. Pick a type, a sector, or both.
Delray Beach-Based Redfearn Capital, TPG Pay $628M for 53-Building Industrial PortfolioDelray Beach-based Redfearn Capital has partnered with private equity giant TPG to acquire a 53-building industrial portfolio in seven states for $628 million. DRA Advisors was the seller.
IPA Brokers $90.5M Sale of West Palm Beach Condos, Buyer Plans Multifamily ConversionWEST PALM BEACH, FLA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $90.5 million sale of Pointe Verde Beach Lakes, a 400-unit condominium property located in West Palm Beach.
PRP Acquires 116,385 SF Office Tower in Downtown D.C.WASHINGTON, D.C. — PRP Real Assets has acquired 900 19th Street NW, a 116,385-square-foot office tower located in Washington D.C’s Central Business District, roughly three blocks west of the White House.
Obelisk Purchases 821,250 SF of Industrial Space in Hanahan, South CarolinaHANAHAN, S.C. — New York City-based Obelisk Real Estate Partners has acquired a two-building industrial park spanning 516,000 square feet (5801 N. Rhett Ave.) and an adjacent 305,250-square-foot industrial building (1020 N.
Wood Partners Apex Land Buy Paves Way for Apartment VentureWood Partners, in partnership with Marcus Partners, has broken ground on Altera Heights, a 280-unit multifamily community located in Apex, North Carolina, a suburb of Raleigh. The Triangle Business Journal reports Woods acquired 13.5 acres north of Highway 64 for $4.9 million.
Marcus & Millichap Brokers Sale of 984-Unit Self-Storage Facility in PhoenixPHOENIX — Marcus & Millichap has brokered the sale of a 984-unit Extra Space Storage facility in Phoenix. Located at 6316 N.
CONAM Acquires 232-Unit Alicante Apartment Homes in Las VegasLAS VEGAS — Multifamily investment firm CONAM, through a discretionary fund, has acquired the 232-unit Alicante Apartments Homes in Las Vegas’ Spring Valley submarket. Terms of the transaction were not released.
Representative imageTPG AG, Redfearn Capital Acquire Industrial Portfolio for $628MTPG AG U.S. Real Estate and Redfearn Capital have acquired a 5.4 million-square-foot industrial portfolio for $628 million, Commercial Observer can first report. The seller was DRA Advisors, while BDT & MSD Partners provided a $479 million loan in the deal, sources said.
OPI Sells Vacant Philly Office Building For $42MA REIT sold its only Philadelphia office, 8800 Tinicum Blvd., for $42M. The 441K SF building is now owned by the city.
Marcus Partners Grows Greater Boston Industrial PresenceMarcus Partners has acquired 6 Industrial Way in Salem, NH. The 155,000-square-foot warehouse/distribution asset was sourced off-market in the supply-constrained Southern NH market.
Representative imageHGI Buys Rental Near Zoo Miami for $109MMilestone Group has sold a garden-style multifamily community near Zoo Miami for just $2 million more than it paid to acquire the property five years ago. Harbor Group International (HGI) bought the 505-unit Emerald Palms Apartments for $109 million, property records show.
Rockefeller Picks Up 34-Acre Glendale Warehouse SiteRockefeller Group purchased a 34.1-acre logistics site in Glendale, Arizona, from IndiCap and its capital partner.
Hayden Pays $42M for 182-Unit Scottsdale Rental CommunityRockwell Property Company purchased the Hayden Park, a 182-unit apartment community at 3015 North Hayden Road in Scottsdale, Arizona, for $42 million. It’s just outside of Old Town Scottsdale. The Hayden Park purchase marks Rockwell’s seventh acquisition in Arizona.
Ramrock Planning 930K-SF Logistics Park at Former FW MallRAMROCK Real Estate acquired Ridgmar Mall (shown) and plans to redevelop the property as Ridgmar 30 Logistics Crossing, a six-building Class A development totaling approximately 930,960 square feet.
Air Taxi Maker Lands at Perot FieldJoby Aviation signed a lease for 45,000 square feet at Alliance Air Trade Center in Haslet, part of Perot Field Fort Worth Alliance Airport.
Representative imageNewmark Brokers Sale of 376,259 SF Office Campus in North DallasDALLAS — Newmark has brokered the sale of Tollway Plaza, a 376,259-square-foot office campus located at 16000 Dallas Parkway in North Dallas. The campus comprises two eight-story buildings on a 7.4-acre site that were constructed in the late 1990s.
Representative imageLee & Associates Negotiates 26,600 SF Industrial Lease in Northwest DallasDALLAS — Lee & Associates has negotiated a 26,600-square-foot industrial lease in northwest Dallas. According to LoopNet Inc., the building at 616-626 W. Mockingbird Lane was completed in 1978 and totals 46,400 square feet.
JLL Brokers $147M Sale of Seniors Housing Portfolio in Metro AtlantaATLANTA — JLL’s National Seniors Housing Capital Markets team has brokered the $147 million sale of a five-property seniors housing portfolio in submarkets north of Atlanta.
Sagard Acquires Distribution Facility in Baltimore County for $91MROSEDALE, MD. — Sagard Real Estate has purchased a 621,144-square-foot distribution center located at 7001 Quad Ave. in Rosedale, a city in east Baltimore County.
PCCP, Distribution Realty Purchase Industrial Facility in Spring Hill, Tennessee for $51MSPRING HILL, TENN. — A joint venture between PCCP and Distribution Realty Group has acquired a single-tenant industrial facility located at 4637 Port Royal Road in Spring Hill, about 38 miles south of Nashville via I-65.