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Deals news – page 52
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Brookhaven Apartment Tower Sells For $101M As Investors Target Prime Atlanta PropertiesA New Orleans-based investor paid one of the highest prices for an Atlanta apartment tower this year as more companies shell out top dollar for new and well-located multifamily projects in the metro area.
Equus Acquires Class A Industrial Duo in Supply-Constrained Boston SubmarketAn affiliate of Equus Capital Partners, Ltd. has acquired the 300,075-square-foot Centech Park North in Shrewsbury, MA for an undisclosed sum. The acquisition was completed through a programmatic joint venture.
Bridges Development Group Buys Kingswood Center in Brooklyn for $31MKingswood Center in Brooklyn’s Midwood neighborhood has a new owner, Commercial Observer has learned. The 229,926-square-foot shopping center at 1630 East 15th Street sold for $31 million to Michael Berfield’s Bridges Development Group, according to broker JLL.
Milhaus, SRG Residential Complete Merger, Plan To Acquire Broadshore Capital PartnersMilhaus and SRG Residential completed a merger, forming a national multifamily platform to develop, own and manage apartment communities in more than 20 markets. Together, Indianapolis-based Milhaus and Newport Beach-based SRG Residential, a subsidiary...
Podcast | How AI Helps Brokers Prospect Smarter, with DealGround CEO Dan MosherDan Mosher is the CEO of DealGround, an AI-native platform helping commercial real estate brokers and investors find deals faster by organizing property data, identifying opportunities, and connecting directly with property owners.
Representative imageAndover Properties Buys 134,500 SF Industrial Flex Building in San AntonioSAN ANTONIO — Andover Properties has acquired Rail Drive Commerce Center, a 134,500-square-foot industrial flex building in northeast San Antonio.
Representative imageReports: Airbnb Buys Midtown Manhattan Office Building for $81.5MNEW YORK CITY — San Francisco-based Airbnb has purchased 281 Park Avenue South, an office building in Midtown Manhattan, for $81.5 million, according to reports from multiple news outlets, including The Wall Street Journal (WSJ) and the New York Post.
JLL Arranges $28.2M Sale of Westwood Town Center in Suburban ClevelandROCKY RIVER, OHIO — JLL Capital Markets has arranged the $28.2 million sale of Westwood Town Center, a shopping center in Rocky River near Cleveland. Built in 1988, the property totals 226,155 square feet.
Marcus & Millichap Brokers Sale of 916-Unit Self-Storage Property in ChicagoCHICAGO — Marcus & Millichap has brokered the sale of a 916-unit Public Storage property in Chicago. Completed in 2024, the self-storage facility consists of climate-controlled units totaling 72,899 rentable square feet.
JLL Brokers Sale of 237,880 SF Logistics Facility in Wilmington, MassachusettsWILMINGTON, MASS. — JLL has brokered the sale of a 237,880-square-foot logistics facility located at 800 Salem St. in Wilmington, a northern suburb of Boston.
Greenstone Partners Negotiates $4M Sale of Apartment, Retail Building in ChicagoCHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W.
Charlotte’s Spectrum Companies Acquired by Lincoln Property CompanyDallas-based Lincoln Property Company (“Lincoln”), a global full-service real estate firm, acquired The Spectrum Companies (“Spectrum”), a Charlotte-based, full-service real estate firm.
Greystar Reveals Plans For 20,000-Home Garden-Style BTR PushGreystar has unveiled its first UK garden-style rental housing development, with the company targeting delivery of up to 20,000 such rental homes over the next four years. The new strategy has launched with the acquisition of a development site at Waterbeach,...
Developer Wolfe Landau Buys FiDi Redevelopment Site for $35MAn entity tied to Brooklyn-based developer Wolfe Landau has snapped up two adjacent Financial District lots poised for redevelopment.
Brookfield in Talks for Stake in Hudson Square PropertiesBrookfield is in exclusive talks to acquire a stake in Hudson Square Properties in a deal that would value the complex at $3.5 billion, the Wall Street Journal reported.
London Nightclub Operator Buys 675 Hudson Street for $100MAfter unveiling plans for a rooftop nightclub at the 14th Street Triangle, London-based club venue operator Caprice Holdings has bought the property for $100 million, according to property records made public Tuesday.
Garden-Style Apartments Go for $78M in North County San DiegoCBRE facilitated the $77.5-million sale of Sunterra, a 240-unit multifamily community located at 3851 Sherbourne Dr. in Oceanside. The firm’s Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas advised the seller, 29th Street Capital.
Lincoln Property Buys Charlotte Developer In Bid To Boost DealsLincoln Property Co. has purchased Charlotte-based developer The Spectrum Cos. in a deal that Lincoln says will help it grow its footprint across the Carolinas.
Representative imageStockbridge Sells Fully Leased NoVA Industrial Park for $132MTA Realty has expanded its industrial footprint with the $132 million acquisition of a fully leased, 734,606-square-foot warehouse portfolio in Northern Virginia.
Finmarc Sells Land, Building to Pulte Homes for $26MFinmarc Management, Inc. has completed the $26.36 million sale of an 83,300 square foot flex and office building, as well as an adjacent 6.4-acre parcel located within the Park East Corporate Center in Chantilly, Virginia, to Pulte Homes.