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Deals news – page 93
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Representative imageBH Properties Sells Office Campus in Ontario, California to MGR Real Estate for $24.7MONTARIO, CALIF. — BH Properties has completed the disposition of Lakeview, a Class A office campus in Ontario, to MGR Real Estate for $24.7 million. Situated on a 7.8-acre site, the asset consists of two three-story buildings offering a total of 106,345 square feet, as well as 1.
Representative imageFM Acquires 290,000 SF Office Building in Downtown ProvidencePROVIDENCE, R.I. — FM, a Rhode Island-based commercial property insurer, has acquired 10 Memorial Boulevard, an office building in downtown Providence. According to LoopNet Inc., the 10-story building was constructed in 2006 and totals 290,000 square feet.
Representative imageForbright Bank Buys Suburban DC Office BuildingThe firm had previously leased space in the tower for its headquarters. The post Forbright Bank Buys Suburban DC Office Building appeared first on Commercial Property Executive.
Ariel Markets Longtime Brooklyn Bar Association HeadquartersAriel Property Advisors has been retained to sell 123 Remsen St., a French Second Empire building in Brooklyn Heights.
Brixton Capital Adds Escondido Shopping Center in Off-Market DealBrixton Capital, a vertically integrated operator of retail and multifamily properties, acquired the Escondido Gateway shopping center from Del Mar-based Mountain Pacific Properties for $28 million in an off-market transaction.
Vineyard Park Senior Living Acquires Property in Seattle’s First Hill NeighborhoodVineyard Park Senior Living has acquired a First Hill senior housing community currently operating as Truewood First Hill. The property will be reintroduced as Union Grand, a Vineyard Park community marking the company’s latest expansion in the Puget Sound region.
TradeLane Pays $30M For 584K-SF Warehouse in MontgomeryTradeLane Properties has acquired a half-empty warehouse in Montgomery, Illinois, for $30.1 million, as part of the company’s ongoing expansion in the Chicago market.
Advanced Real Estate Buys Two of Hollywood’s Five Apartment TowersTwo multifamily towers in Hollywood, Calif., have traded hands as the construction pipeline remains at historic lows.
Foreign Direct Investment Adds 33K Jobs Across CaliforniaForeign direct investment (FDI) in California increased in 2025, the World Trade Center of Los Angeles said in its annual report.
PacVentures, AQUILA Buy 318,000 SF Office Complex in Northwest Austin, Plan UpgradesAUSTIN, TEXAS — A joint venture between San Diego-based investment firm PacVentures Inc. and Austin-based AQUILA Commercial has purchased The Campus at Arboretum, a five-building, 318,000-square-foot office complex in northwest Austin with plans to implement capital improvements.
Stoneweg Sells 194-Unit Apartment Community in Mesa, Arizona to Rise48 EquityMESA, ARIZ. — Stoneweg has completed the disposition of Avenue 8, a garden-style multifamily property in Mesa. Rise48 Equity acquired the asset for an undisclosed price. Brett Polachek, Chris Chanter and Brad Goff of Newmark represented the seller in the transaction.
SRSA Negotiates $7.2M Sale of Ground-Floor Retail Condominium in New OrleansNEW ORLEANS — SRSA Real Estate has negotiated the $7.2 million sale of a ground-floor retail condominium at 1200 Poydras St. in New Orleans near the Caesars Superdome, home of the NFL’s New Orleans Saints.
Representative imageConstellation Acquires Site for Tampa-Area Industrial CampusThe 19-acre speculative project will begin construction this month. The post Constellation Acquires Site for Tampa-Area Industrial Campus appeared first on Commercial Property Executive.
Landmark Cos. Acquires Northern New Jersey Apartment Complex for $35MPISCATAWAY, N.J. — Landmark Cos. has acquired The Grove at Piscataway, a 110-unit apartment complex in Northern New Jersey, for $35 million.
Representative imageDFW LAND Buys Columbus Mixed-Use DevelopmentA joint venture sold the office and retail portions of the campus. The post DFW LAND Buys Columbus Mixed-Use Development appeared first on Commercial Property Executive.
Representative imageGrossman Cos. Buys 119,500 SF Healthcare Building in Westwood, MassachusettsWESTWOOD, MASS. — Locally based investment firm The Grossman Cos. has purchased a 119,500-square-foot healthcare building in Westwood, located southwest of Boston. The building at 80 Wilson Way is fully leased to Beth Israel Lahey Health Inc.
Stabilized Quincy Retail Goes for $5MAtlantic Capital Partners completed the $5.2-million sale of 625 Southern Artery, a stabilized 1.70-acre retail site located in Quincy, MA, to an undisclosed buyer.
Rise48 Adds to Phoenix Apartment PortfolioRise48 Equity has picked up Avenue 8, a 194-unit garden-style apartment community located at 1050 West 8th Avenue in Mesa. Stoneweg was the seller. Stoneweg and Varia paid $21 million for the project in 2017.
Seven-Building San Jose Office Park Trades for $164MA seven-building office campus located in North San Jose and known as Rio Tech Office Park recently sold for $164.3 million, reported the Silicon Valley Business Journal.
Trammell Crow, Daiwa Close on 309-Unit Houston Apartment DealTrammell Crow (TCC) offloaded its interest in the 309-unit Parkside Residences in Houston. Daiwa House Group was the buyer. Multi-Housing News reports that the buyer self-funded the purchase with an $85.2 million loan. TCC and Daiwa teamed up in 2019 to develop the project.