Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...
The International Council of Shopping Centers has asked the federal government to guarantee or pay for business interruption insurance coverage for retailers and their tenants impacted by the coronavirus outbreak. In a letter to President Trump earlier this week, Tom ...
The Real Deal Churchill Real Estate Holdings has agreed to pay $71 million for two apartment properties in Manhattan and Brooklyn, N.Y. The New York developer is paying $55 million, or about $1.53 million/unit, for the 36-unit property at 809 ...
Insight Property Group, which recently purchased the eight-story office building at 515 22nd St. NW in Washington, D.C., has structured the property into ground lease and fee interests, selling the latter to Safety, Income & Growth Inc. As part of ...
San Antonio Business Journal Spire Realty Group has acquired Lockhill Crossing, a 126,626-square-foot office building in suburban San Antonio. Stream Realty Group sold the five-story property, at 4630 North Loop 1604 West in Shavano Park, Texas, which it had developed ...
Lincoln Property Co. has paid $58.75 million, or nearly $568/sf, for 501 Eastlake Ave. East, a 103,494-square-foot office building in Seattle's South Lake Union area. The Dallas investment manager bought the 16-year-old building, which is 79 percent leased, from LBA ...
Passco Cos. has paid $53.5 million, or $205,770/unit, for Springs at Estero, a 260-unit apartment property near Fort Myers, on Florida's Gulf coast. The Irvine, Calif., investment manager typically makes investments on behalf of investor groups orchestrating tax-deferred exchanges. It ...
Crain's Chicago Business Spaulding & Slye Investments has paid $35.3 million, or $290.30/sf, for 363 West Erie St., a 121,600-square-foot office property in Chicago's River North neighborhood. The seller, a venture of Brijus Capital, had paid $8.5 million for the ...
The Real Deal A&E Real Estate Holdings has paid $54 million, or about $212,598/unit, for five apartment buildings with 254 units in Queens N.Y. Rosewood Realty Group arranged the sale. The buildings are at 102-43 Corona Ave., 139-09 34th Road, ...
Catholic Spirit The Archdiocese of St. Paul & Minneapolis is in the market to sell and lease back three buildings. Cushman & Wakefield/NorthMarq has the listing for the three, all in St. Paul: 226 Summit Ave., which includes offices and ...
Vanta Commercial Properties is in the market to sell 40 office properties in the Madison, Wis., area. Vanta, a Middleton, Wis., investor and developer, has tapped CBRE to market the 40 properties, which are valued at $400 million. The listing ...
New York Observer A 23,900-square-foot mixed-use property at 76-82 St. Mark's Ave. in Brooklyn, N.Y., has sold for $15 million. The property, which has 15 apartments and three commercial units, was marketed by TerraCRG.
A venture of Carroll Organization and NorthStar Realty Finance Corp. has paid $46 million for two Atlanta-area apartment properties with a combined 596 units. The two properties are Chattahoochee Landing, with 396 units at 100 Chattahoochee Circle in Roswell, Ga., ...
A venture of Ridge Capital Investors and Redwood Real Estate Partners has paid $39.5 million for two adjoining properties in Napa, Calif., the 124-unit Saratoga Downs Apartments and the 54-unit Sheveland Ranch Townhomes. The properties were combined following the sale, ...
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© 2023 Commercial Real Estate Direct All rights reserved.