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Deals news – page 69
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Hawkins Way Capital Buys Stratford Residence Hall on UWS for $80MBeverly Hills-based real estate investment company Hawkins Way Capital has acquired a former hotel on Manhattan’s Upper West Side that is now used as student housing.
KETTLER, Stillman Trade 276-Unit N. Charleston Rental AssetNewmark announces the Company has completed the sale and financing of Waverly Place, a 276-unit multifamily community located at 1900 Waverly Place Lane in North Charleston, South Carolina.
NewQuest Acquires Land for 334-Unit Apartment Community, Retail Center in Katy, TexasKATY, TEXAS — NewQuest has acquired land in the western Houston suburb of Katy for the development of a 334-unit apartment community and retail center.
Partnership Buys Two Multifamily Properties in Greenwich, Connecticut for $356MGREENWICH, CONN. — A partnership between two local developers, RMR Residential and LCOR, as well as Chicago-based investment firm Heitman, has purchased two multifamily properties totaling 406 units in the southern coastal Connecticut city of Greenwich.
Representative imageMarcus & Millichap Brokers $3.9M Sale of Retail Strip Center in Pennington, New JerseyPENNINGTON, N.J. — Marcus & Millichap has brokered the $3.9 million sale of Cornerstone Court, an 18,284-square-foot retail strip center located in the Northern New Jersey community of Pennington.
Dalfen Adds 419K-SF Broward County Industrial Portfolio to Warehouse HoldingsDalfen Industrial acquired a nine-building industrial portfolio totaling 419,253 square feet in Broward County. Blackstone and Link Logistics sold the warehouses to Dalfen for $99.6 million.
South Florida’s Billionaires Wave Is Swamping the Region for Good and IllWhen private equity executive Jason Wright paid $14 million for a waterfront property in Miami Beach’s gated Sunset Islands enclave four years ago, some observers thought he had overpaid.
CRG Sells Industrial Building at 1.2 MSF Cubes at Mesa Gateway in ArizonaMESA, ARIZ. — CRG has completed the sale of Building C at The Cubes at Mesa Gateway, a 1.2 million-square-foot master-planned industrial park in Mesa.
JLL Negotiates $53.8M Sale of Grocery-Anchored Retail Center Near TucsonORO VALLEY, ARIZ. — JLL Capital Markets has negotiated the $53.8 million sale of Oracle Crossing, a 265,530-square-foot retail center located in Oro Valley, approximately six miles northwest of Tucson.
Representative imagePinnacle Real Estate Advisors Arranges Sale of 94,949 SF Plaza West at Aurora Town Center in ColoradoAURORA, COLO. — Pinnacle Real Estate Advisors has arranged the sale of the 94,949-square-foot Plaza West at Aurora Town Center, a retail center located at 13670 E. Alameda Ave. in Aurora.
Representative imageCushman & Wakefield | PICOR Brokers Sale of 19,464 SF Industrial Building in TucsonTUCSON, ARIZ. — Cushman & Wakefield | PICOR has brokered the sale of a 19,464-square-foot industrial property located at 451 N. Bonita Ave. in Tucson. An entity doing business as EAW-451 LLC sold the property to Brickyard Investments LP for $2.8 million.
Marcus & Millichap Brokers Sale of 160-Unit Multifamily Property in Kenosha, WisconsinKENOSHA, WIS. — Marcus & Millichap has brokered the sale of Orchard Courts Apartments, a 160-unit multifamily property in Kenosha. The community is situated on 32 acres, approximately 20 of which are available for potential future development.
Former Performing Arts School Sells to Summa Academy as Its Third Bay Area CampusColliers completed the sale of 2730 Mitchell Dr., a 43,702-square-foot school facility in Walnut Creek, formerly the site of the Contra Costa School of Performing Arts. The buyer, Summa Academy, acquired the asset for $7.1 million.
Sentinel Real Estate Acquires Luxury Apartment Community in PotomacSentinel Real Estate has acquired The Perry, a luxury multifamily community located at 12430 Park Potomac Avenue in Potomac, Maryland, approximately 10 miles northwest of downtown Washington, D.C.
Vornado Closes on 49% Stake in Fisher Brothers’ Park Avenue PlazaVornado Realty Trust has completed its previously announced acquisition of a 49% interest in Park Avenue Plaza. The 1.2-million-square-foot office property at 55 E. 52nd St. traded at a gross valuation of $1.1 billion, a significant discount to replacement cost.
Transwestern Enters Philadelphia Market With Acquisition of SSH Real EstateTranswestern has acquired SSH Real Estate, Inc. (SSH), a Philadelphia-based commercial real estate firm that provides property management, brokerage, and investment services.
Representative imagePaul Singer’s Elliott Management Buys Coconut Grove Hotel for $110M: UpdatedPaul Singer’s Elliott Management bought a hotel in Miami’s Coconut Grove neighborhood from Brookfield Asset Management. Called the Mayfair House Hotel & Garden, the property was built in 1982 and includes 180 rooms at 3000 Florida Avenue, adjacent to Virginia Street.
AMAC Holdings Sells Adjacent East Village Buildings for $23.5MAMAC Holdings’ Maurice Kaufman has sold two adjacent buildings in Manhattan’s East Village for a combined $23.5 million, according to property records made public Thursday.
Midwood Pays $41M for West Village Retail Swath at 403 Avenue of the AmericasA large commercial parcel in the heart of Manhattan’s West Village has changed hands for $41 million. The retail property at 403 Avenue of the Americas was acquired in cash by John Usdan’s Midwood Investment & Development, according to city records made public Friday.
Space Center Hotel to Close, to Reopen Under New BrandThe Hilton Houston NASA Clear Lake hotel has announced that it will lay off its 65 workers and close on July 31. The hotel will be redeveloped into a Compass by Margaritaville hotel. In August 2025, Nassar Bay Resorts acquired the 242-key hotel for $27 million.