Subject: Property Acquisitions (ACQ)

The volume of apartment sales in New York City totaled $628.5 million during the second quarter, down 69 percent from the same period a year ago, according to Ariel Property Advisors. That was the third-lowest quarterly volume since 2010. In ...

Crain's Chicago Business An affiliate of Eaton Vance Real Estate Investment Group has bought the 72,500-square-foot Whole Foods Market at 3201 North Ashland Ave. in Chicago's Lakeview neighborhood for $70.9 million, or $977.93/sf. The Boston investment firm purchased the retail ...

Multi-Housing News Oxford Properties Group has bought the 461-unit Kiara Apartments in Seattle for $320 million, or $694,143/unit. The Toronto real estate investment company bought the 41-story property, at 970 Denny Way, from a venture of Holland Partner Group and ...

Commercial Real Estate Direct Staff Report Industrial Property Trust has sold its remaining portfolio of properties and developments for $301 million. Black Creek Industrial REIT IV Inc. acquired the portfolio, which consists of minority interests in 64 buildings with about ...

Baltimore Business Journal Amazon.com Inc. has paid $35 million, or about $126.81/sf, for the 276,000-square-foot industrial building at 1000 Prince Georges Blvd. in Upper Marlboro, Md. The property previously had been a warehouse for DPI Specialty Foods, which closed the ...

South Florida Business Journal Big Time Productions has sold the 25,589-square-foot Paris Theater in Miami Beach, Fla., for $13 million, or about $508.03/sf. A company managed by Mathieu Massa, head of Massa Investment Group, bought the property, which sits on ...

Commercial Property Executive CBRE Global Investors has bought 123 Townsend St., a 137,625-square-foot office building in San Francisco, for $140 million, or $1,017.26/sf. The Los Angeles investment company purchased the six-story building from Manchester Capital Management, which had acquired it in ...

Dallas Business Journal Lexington Realty Trust has purchased a 1.2 million-square-foot distribution center in the AllianceTexas master-planned development in North Texas for $83.5 million, or about $69.58/sf. The New York REIT bought the industrial property, at 8601 East Sam Lee ...

An affiliate of Silver Star Real Estate has paid $49.7 million, or $338,095/unit, for the 147-unit Amber Ridge Apartments in La Verne, Calif., some 30 miles east of Los Angeles. To help fund its purchase, Silver Star lined up an ...

South Florida Business Journal AA Acquisitions LLC has sold the leasehold interest in the 300,000-square-foot industrial property that's under construction at the Miami-Opa Locka Executive Airport in Opa-locka, Fla., for $12.12 million, or $40.40/sf. KOPF Acquisitions was the buyer. The ...

South Florida Business Journal Cervera Real Estate Ventures has paid $13.19 million, or about $146,556/unit, for the 90-unit apartment property at 4325 and 4335 NW South Tamiami Canal Drive in Miami. A venture of G3 Investment Trust and MIA Airport ...

South Florida Business Journal Eastern Industrial Development Corp. has bought the 12,735-square-foot retail building at 101 Hialeah Drive in Hialeah, Fla., for $10.5 million, or about $824.50/sf. Centrum Realty & Development of Chicago sold the property and was represented in ...

Commercial Property Exeutive Venture One Real Estate LLC has partnered with Kovitz Investment Group to buy a 488,571-square-foot industrial building in Batavia, Ill., for $21.2 million, or $43.39/sf. The venture purchased the property, on 27 acres at 601-605 Kingsland Drive, ...

Multi-Housing News The 62-unit Coral Reef Apartments in San Gabriel, Calif., has been sold to a private investor for $14.7 million, or $237,096/unit. CBRE brokered the deal on behalf of the buyer and the undisclosed seller. The property, which sits ...

Harbor Group International has sold the 807-unit Coach House apartment complex in Kansas City, Mo., for $81.5 million, or $100,991/unit. The Norfolk, Va., investment manager sold the property to a San Francisco investor in a deal brokered by Berkadia, which ...

Colorado Real Estate Journal Greystar Real Estate Partners has bought the 480-unit Champions Park Apartments in Thornton, Colo., for $119 million, or $247,917/unit. The Charleston, S.C., investment company purchased the complex, at 2525 East 104th Ave., from Eaton Vance Real ...

San Antonio Business Journal Atlantic Pacific Cos. has purchased the 378-unit Mira Loma Apartments in the San Antonio suburb of Live Oak, Texas. Crescent Real Estate of Fort Worth, Texas, was the seller. The purchase price was not disclosed. CBRE ...

Phoenix Business Journal Pennybacker Capital has paid $42 million, or about $139,073/unit, for The Osborn, a 302-unit apartment complex in Phoenix. The Austin, Texas, private equity firm bought the property, which consists of 31 two-story buildings, from Bean Investment Real ...

South Florida Business Journal CenterPoint Properties has paid $61 million, or about $148.01/sf, for a pair of industrial properties in Hialeah, Fla. The Oak Brook, Ill., company bought the warehouse buildings, with a combined 412,132 square feet at 3880 and ...

Rentv.com Omninet Capital has bought the 72-unit Maya Apartments in Los Angeles for $32.4 million, or $450,000/unit. The Beverly Hills, Calif., real estate investment company purchased the seven-story building, at 535 South Kingsley Drive, from Jamison Properties, which had developed ...

Multi-Housing News A venture of RISE Properties Trust and Westbrook Partners has bought the 185-unit Alto Apartments in Seattle for $66.5 million, or $359,459/unit. The venture purchased the 17-story building, at 311 Cedar St., from Hartz Mountain Industries, which had ...

FCP has acquired a stake in the 442-unit Tides at South Tempe apartment property in Tempe, Ariz., in a deal valuing the 40-year-old complex at $71.5 million, or $161,765/unit. The Chevy Chase, Md., investment manager purchased its stake from Tides ...

Berkeley Partners has paid $49 million, or $119.09/sf, for a 411,285-square-foot industrial building at 333-335 Centennial Parkway in Louisville, Colo. The San Francisco real estate investment company bought the property from a venture of DPC Cos. and Long Wharf Capital, ...

Castle Lanterra Properties has paid $129 million, or $243,856/unit, for the 529-unit apartment component at the Triangle mixed-use property in downtown Austin, Texas. The Suffern, N.Y., investor bought the apartments, at 4600 West Guadalupe St., from Dinerstein Cos., which had ...

Adler Realty Investments Inc. has paid $11.5 million, or just more than $171/sf, for Bensalem Crossing, a 67,215-square-foot retail center in the Philadelphia suburb of Bensalem, Pa. The Woodland Hills, Calif., investment manager has a portfolio of more than 4 ...