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Deals news – page 40
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Clarion Partners Acquires Rohnert Park Senior Living PropertyClarion Partners has acquired Clearwater at Sonoma Hills, a 94-unit senior living community in Rohnert Park, for an undisclosed amount.
Representative imageUniversity of California Buys 16 Westwood Village Properties for $50MThe University of California is extending its streak of commercial real estate investment after acquiring a 16-property portfolio immediately south of UCLA in Los Angeles.
The Davis Cos. Sells Two Fenway Apartment Buildings For $37MInvestment firm Egeria Group acquired a 93-unit portfolio in Fenway for $37.5M, highlighting the market's investor demand.
Mixed-Use Upper West Side Building Sells to Terra Developers for $28MBrooklyn-based Terra Developers has made a $28 million residential redevelopment play for 500 Columbus Avenue on Manhattan’s Upper West Side.
Marcus & Millichap Arranges Sale of Chicago Mixed-Use PropertyMarcus & Millichap arranged the sale of 5655 West Fullerton Avenue, a mixed-use property featuring 24 multifamily units and four retail suites, in the Belmont Cragin neighborhood of Chicago.
Representative imageCIP Real Estate Buys Broward Campus for $99MCIP Real Estate has paid $99 million for an industrial and office park in Broward County, Fla., property records show.
Cousins Properties Sells Austin's One Eleven Congress For $208MCanyon Creek secures a prime location in Austin with 30-story One Eleven Congress.
L3 Capital Snags Mag Mile Retail At A DiscountL3 Capital acquires 51K SF retail space at Palmolive Building on Mag Mile for $64.5M, a 28% discount.
Fashion House Veronica Beard Expands HQ to 60K SF at 26 West 17th StreetApparel retail brand Veronica Beard has expanded its office headquarters to approximately 60,000 square feet at the Winter Organization’s 26 West 17th Street in Midtown South, according to landlord broker CBRE.
Morgan Stanley Affiliate Pays $59M for Chandler Honeywell Aerospace PlantA Morgan Stanley affiliate paid $59 million for a nearly 200,000-square-foot building in Chandler where Honeywell Aerospace has been a tenant since 2020. The industrial park, Amplify Chandler, was sold by Phoenix Rising Investments.
SimonCRE Acquires WA Retail Plaza for $12M, Plans RedevelopmentScottsdale, Arizona-based investor SimonCRE has acquired Island Plaza, a 92,112-square-foot shopping center located in Oak Harbor on Whidbey Island, with plans for redevelopment.
Apartment Property in Seattle’s First Hill Neighborhood TradesMonticello, a 107-unit apartment community located at 415 Boren Ave in Seattle’s First Hill neighborhood, has been acquired by Nordic Partners Investments. Built in 1957, Monticello spans 42,342 net rentable square feet across 107 units in the heart of Seattle’s urban core.
895-Unit Texas Apartment Portfolio Trades HandsStrategic Value Partners acquired a 895-unit multifamily portfolio from Resia. The portfolio comprises the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton, Texas.
Visual Effects Studio Phosphene Takes 7K SF at 90 Broad StreetEmmy nominated visual effects studio Phosphene has inked a 7,383-square-foot lease at Princeton International’s 90 Broad Street in Manhattan’s Financial District, according to tenant broker Avison Young.
Walmart Buys Westlake Site for 188K-SF StoreA Westlake homebuilder sold a 24-acre site to Walmart for $11.68 million. The company plans to build an 188,779-square-foot superstore that will include a pharmacy, garden center, automotive center and gas station. Minto was the seller.
Representative imageNewmark Arranges Recapitalization of 1,546-Unit Seniors Housing Portfolio in Dallas, HoustonDALLAS AND HOUSTON — Newmark has arranged the recapitalization of a portfolio of five seniors housing properties totaling 1,546 units that are located throughout the Dallas and Houston areas.
JLL Negotiates Sale of 767,520 SF Industrial Building in Brookshire, TexasBROOKSHIRE, TEXAS — JLL has negotiated the sale of Twinwood Distribution Center III, a 767,520-square-foot industrial building in the western Houston suburb of Brookshire.
Representative imageMarcus & Millichap Brokers Sale of 94,532 SF Shopping Center in Wichita Falls, TexasWICHITA FALLS, TEXAS — Marcus & Millichap has brokered the sale of Parker Square Shopping Center, a 94,532-square-foot retail center in Wichita Falls, about 115 miles northwest of Fort Worth.
Representative imageSavills Completes $1.1B Acquisition of Eastdil SecuredNEW YORK CITY — London-based real estate brokerage firm Savills has completed its $1.1 billion acquisition of global advisory firm and real estate investment bank firm Eastdil Secured.
Representative imageAriel Property Advisors Arranges $15.7M Sale of Multifamily Development Site in BrooklynNEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $15.7 million sale of a multifamily development site in the Gowanus area of Brooklyn. The site is an assemblage of the parcels at 418 4th Ave., 416 4th Ave., 246 7th St. and 244A 7th St.