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Deals news – page 53
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Kidder Mathews Arranges Sale of Capitol Hill Mixed-Use Apartment BuildingCasa del Rey, a 30-unit mixed-use apartment building, located at 321 Broadway E. in Seattle’s Capitol Hill neighborhood, has sold for $4.57 million.
Milhaus Merges with SRG Residential, Will Acquire Broadshore CapitalIndianapolis-based Milhaus has completed a merger with one Southern California-based multifamily company and has agreed to acquire another.
DHS Says 470K SF Warehouse It Planned To Sell Will Become Immigrant Jail After AllThe Department of Homeland Security has reversed course on its plan to sell a New Jersey warehouse and will go back to its original intention of converting it into a detention facility. A federal judge was notified July 10 of the agency’s decision...
320-Unit Gilbert Apartment Community Trades to CamdenCBRE arranged the sale of The Tyler, a 320-unit multifamily community in Gilbert, Arizona. CBRE’s Asher Gunter, Matt Pesch and Austin Groen represented the seller, StreetLights Residential. Camden Property Trust acquired the property.
Younger Partners Sells 86K-SF Prosper Retail CenterYounger Partners Investments (YPI) sold Shops at Prosper Trail, an 86,698-square-foot retail center 35 miles north of downtown Dallas in Prosper, Texas, to Phillips Edison & Company. Built in 2016, Shops at Prosper Trail is 100% occupied.
Haven Housing Acquires 309-Unit Apartment Community in Kyle, TexasKYLE, TEXAS — California-based investment firm Haven Housing has acquired Hays Park Apartments, a 309-unit apartment community located south of Austin in Kyle.
Avison Young Brokers $17.9M Sale of Apartment Building in Norwalk, ConnecticutNORWALK, CONN. — Avison Young has brokered the $17.9 million sale of The Stonefield, a 55-unit apartment building located in the southern coastal Connecticut city of Norwalk. According to LoopNet Inc.
Representative imageMatthews Arranges $8.8M Sale of Retail Property in Nashua, New HampshireNASHUA, N.H. — Nashville-based brokerage firm Matthews has arranged the $8.8 million sale of a 44,000-square-foot retail property in Nashua, located on the Massachusetts-New Hampshire border.
Bass Pro Shops Acquires 27-Acre Cheeca Lodge & Spa Resort in Florida KeysISLAMORADA, FLA. — Bass Pro Shops, an outdoors retailer based in Springfield, Mo., has purchased Cheeca Lodge & Spa, a 27-acre resort in the Florida Keys city of Islamorada that was established in 1946.
Representative imageNewmark Negotiates $132M Sale of Industrial Park in Woodbridge, VirginiaWOODBRIDGE, VA. — Newmark has negotiated the $132 million sale of Featherstone Industrial Park, a 13-building, 734,606-square-foot industrial property in Woodbridge, a city in Northern Virginia that sits about 23 miles from Washington, D.C.
Colliers Brokers Sale of 111,852 SF Shopping Center in AshevilleASHEVILLE, N.C. — Colliers has brokered the sale of Westgate Shopping Center, a 111,852-square-foot shopping center located at 40 Westgate Parkway in Asheville.
NAI Hallmark Arranges $14.7M Sale of Butler Pointe Office Building in JacksonvilleJACKSONVILLE, FLA. — NAI Hallmark has arranged the $14.7 million sale of Butler Pointe, a five-story, 151,815-square-foot office building located at 4500 Salisbury Road in Jacksonville.
Representative imageTranswestern Acquires Forte Real Estate Partners in MinneapolisMINNEAPOLIS — Transwestern has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities. The transaction adds 12 healthcare, office and industrial tenant advisory team members and a broad property management portfolio.
Hanley Investment Group Arranges Sale of Three O’Reilly Auto Parts Stores in WisconsinWISCONSIN — Hanley Investment Group Real Estate Advisors has arranged the off-market sale of three single-tenant retail properties occupied by O’Reilly Auto Parts in Wisconsin.
Events Operator Glasshouse Signs 30-Year Lease for 3 World Trade CenterGlasshouse has signed a long-term lease for 66,436 square feet at 3 World Trade Center.
Midwood Buys Mixed-Use Building Across From Former Downtown Brooklyn Macy’sA four-story office and retail building across the street from the former Macy’s department store in Downtown Brooklyn has traded, Commercial Observer has learned.
Marcus & Millichap Closes Sale of North Shore Industrial CondoMarcus & Millichap closed the sale of an industrial condominium at 30 Log Bridge Rd. in Middleton, MA. The asset sold for $2,525,000.
CBRE Adds Freddie Mac’s Robert Koontz to Lead Multifamily Debt Capital MarketsCBRE has added Robert Koontz as head of multifamily debt capital markets after he led a similar role at Freddie Mac, the company announced Monday.
Rubicon Point Acquires Three-Building Office Complex Near Apple HeadquartersRubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to Apple’s global headquarters in Cupertino.
Altitude Capital Partners Acquires Chicago’s Phantom Building for $10MAltitude Capital Partners, a Chicago-based real estate development and investment firm, in partnership with Shanna Collective, has acquired 1447 N. Dearborn Street — historically known as The Dearborn — for $10 million.