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Galvanize Adds Orange County Industrial to Expanding PortfolioGalvanize Real Estate (GRE), the sustainable real estate strategy of Galvanize, has acquired a three-property, 280,000-square-foot industrial portfolio located in Orange County.
Long Island City Redevelopment Site Trades to Queens DeveloperMarcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million.
Sprouts-Anchored Retail Sells to California Gold DevelopmentHanley Investment Group Real Estate Advisors arranged the $9.3-million sale of a Sprouts‑anchored retail property, which includes a 21,000‑square‑foot junior box lease‑up opportunity.
Owner-User Acquires NJ Cold Storage FacilityCushman & Wakefield arranged the $6-million sale of 609 10th St., an industrial and cold storage facility in Union City, NJ.
JLL IPT pays $90M for Worcester IndustrialJLL Income Property Trust (JLL IPT) has acquired Worcester Distribution Center, a Class A industrial building in the Western Boston submarket, for a purchase price of approximately $90 million. The seller was not disclosed.
BGO Snaps Up 11-Property Surgery Center PortfolioA joint venture of Flagship Healthcare Properties and AEW Capital Management have sold a 100 percent leased, 11-property portfolio of surgery centers across the U.S. to BGO, the buyer announced Wednesday.
Ken Griffin Spending $3B To Bring Carnegie Mellon Campus To MiamiThe Citadel founder paid $1.1B for 35 acres in the largest assemblage in Florida history.
Cushman & Wakefield Arranges $57M Sale of Industrial Facility in MarylandCushman & Wakefield arranged the $56.6 million sale of 8511 Pepco Place, a 202,976-square-foot industrial facility in Upper Marlboro, Maryland. Stockbridge acquired the property from TA Realty.
Griffin Pays $1.1B for Miami Parcel, New Carnegie Mellon Campus on WayMoishe Mana, Founder and Chairman of Mana Common, closed the sale of approximately 30 acres of his Wynwood assemblage to Citadel Founder and CEO Ken Griffin for approximately $1.1 billion.
Representative imageCushman & Wakefield Negotiates $56.6M Sale of Industrial Facility in Upper Marlboro, MarylandUPPER MARLBORO, MD. — Cushman & Wakefield has negotiated the $56.6 million sale of a 202,976-square-foot industrial facility located at 8511 Pepco Place in Upper Marlboro, a suburb of Washington, D.C.
Orion Buys Food Lion-Anchored Shopping Center in Boone, North Carolina for $26.1MBOONE, N.C. — Miami-based Orion Real Estate Group has acquired Watauga Village, an 88,800-square-foot neighborhood shopping center located in Boone, a city in western North Carolina and home of Appalachian State University.
Newmark Arranges $125M Sale of 352K-SF Deer Park Town CenterNewmark has arranged the $125 million sale of Deer Park Town Center, a 352,257-square-foot open-air lifestyle center located in Deer Park, Illinois.
Representative imageAriel Property Advisors Negotiates $75M Sale of Two Manhattan Apartment BuildingsNEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $75 million sale of two Section 8 apartment buildings totaling 126 units in Manhattan. The properties are located at 200 Manhattan Ave. and 133 W. 104th St.
Representative imageAtlantic Capital Partners Negotiates $10.2M Sale of Shopping Center in Springfield, MassachusettsSPRINGFIELD, MASS. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated a $10.2 million sale of Boston Commons Plaza, a 103,494-square-foot shopping center in the Western Massachusetts city of Springfield.
D.R. Horton Divests of 260-Unit Ascend at Black Canyon Multifamily Property in PhoenixPHOENIX — D.R. Horton has completed the disposition of Ascend at Black Canyon, an apartment community in Phoenix, to Millburn & Co. for $58.7 million, or $225,769 per unit.
SRS Real Estate Brokers $27.5M Sale of Value-Add Retail Property in Santa Clarita, CaliforniaSANTA CLARITA, CALIF. — SRS Real Estate Partners has arranged the sale of a value-add retail property located at 23126-23170 Valencia Blvd. in Santa Clarita. A Los Angeles-based investor sold the asset to Glendale, Calif.-based Avant Real Estate for $27.5 million. Situated on 12.
Representative imageSterling Organization Buys 69,622 SF Pavilions Marketplace in West HollywoodWEST HOLLYWOOD, CALIF. — West Palm Beach, Fla.-based Sterling Organization, on behalf of its institutional value-add fund Sterling Value Add Partners, has acquired the 69,622-square-foot Pavilions Marketplace in West Hollywood. Terms of the transaction were not released.
Developer Buys Cambridge Office Building For Residential Conversion: The Boston Deal SheetSeattle-based Tourbineau proposed its first project in Boston, a conversion of 955 Massachusetts Ave. in Cambridge.
Westwood Financial Acquires Grocery-Anchored Huntington Beach CenterWestwood Financial has acquired Peninsula Marketplace, a 95,416-square-foot, Ralphs-anchored shopping center in Huntington Beach, for an undisclosed amount The property is 99% leased.
Family Dollar Closes $75M Sale-Leaseback for 47 Retail LocationsJLL and GA Group Real Estate announced today that it closed a $74.7 million sale-leaseback for a 47-property Family Dollar retail portfolio totaling 387,945 square feet across 19 states.