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 ...
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 ...
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 ...
The Real Deal Related Cos. has sold a pair of apartment buildings with 84 units in the Bronx, N.Y., for $13 million, or about $154,762/unit. Hodges Ward Elliott brokered the deal on behalf of Related and the buyer, which was ...
South Florida Business Journal An affiliate of Corporate Partners Capital Group has sold a 15,785-square-foot retail building in Boca Raton, Fla., for $11.63 million, or about $736.78/sf. The Los Angeles company sold the property, which is occupied by a Walgreens ...
Libitzky Property Cos. has paid $14.5 million, or $145.58/sf, for 7173 and 7245 South Havana St., a pair of office-flex buildings with a combined 99,600 square feet, in Centennial, Colo. The Emeryville, Calif., real estate investor purchased the adjacent buildings ...
Commercial Observer Knightbridge Properties has secured $20 million of bridge financing to complete the construction of the final two units in the 13-unit Cast Iron House luxury residential condominium project in Manhattan. Emerald Creek Capital provided the loan. The development, ...
South Florida Business Journal A company managed by Clement Zanzuri of Miami has sold a 79,507-square-foot freezer warehouse in Miami for $13.25 million, or about $166.65/sf. Ivy Realty of Montvale, N.J., bought the industrial property, at 650 NE 185th St., ...
Jewell Capital LLC has paid $22.5 million, or $350.09/sf, for the 64,270-square-foot Del Norte Marketplace shopping center in El Cerrito, Calif. The Miami investment company bought the retail property, at 11511-11565 San Pablo Ave., from RBL Real Estate of San ...
Multi Housing News North Park Ventures has bought a 91-unit apartment building at 2730-66 Hampton Parkway in the Chicago suburb of Evanston, Ill., for $17 million, or $186,813/unit. The seller was not disclosed. Interra Realty brokered the deal. The four-story ...
REBusiness Online Alpine Food Distributing has bought a 220,000-square-foot industrial property at 9696 SE Omark Drive in Milwaukie, Ore., for $12.2 million, or $55.45/sf. Oregon Transfer Co. sold the two-building distribution facility. Kidder Mathews brokered the deal for the buyer, ...
The Real Deal Meridian Properties has paid $18.3 million for two apartment buildings with 104 units in Brooklyn, N.Y. The Brooklyn real estate investment firm bought the properties, at 556 and 570 Lefferts Ave., from Treetop Development of Teaneck, N.J., ...
South Florida Business Journal ARJI Miami Holdings of Jericho, N.Y., has paid $17.14 million, or about $63.19/sf, for the 271,262-square-foot distribution facility at 18000 State Road 9 in Opa-locka, Fla. A company managed by Mark Buller of Farmingdale, N.Y., was ...
The Real Deal CW Realty has paid $20.3 million for the development site at 251 Front St. in Brooklyn, N.Y. The Brooklyn company bought the site from developer Paul Tocci. CW Realty plans on building a 59-unit luxury residential condominium ...
Commercial Real Estate Direct Staff Report Apple Bank for Savings has provided $20.1 million of financing against the 73-unit apartment property at 50 Prince St. in Manhattan. The loan allowed the property's owner, Abington Properties of New York, to retire ...
Philadelphia Business Journal Leser Group has paid $15.4 million, or about $158.44/sf, for three office buildings totaling 97,200 square feet in Philadelphia's Parkside neighborhood. The Brooklyn, N.Y., real estate investment firm bought the properties from Rockland Capital of Philadelphia. Marcus ...
Commercial Property Executive DaVita Inc. has bought the 69,169-square-foot Everett Clinic Founders Building in Everett, Wash., for $20.8 million, or $300.71/sf. The Denver provider of dialysis services purchased the medical-office property, at 3901 Hoyt Ave., from the Everett Clinic in ...
Alliant Credit Union has provided $20.8 million of financing against the 222-unit Bentley at Marietta apartment property in Marietta, Ga., near Atlanta. The fixed-rate loan, with a five-year term, requires only interest payments for the first two years. After ...
Commercial Observer Tankhouse, a Brooklyn, N.Y., developer, has secured $19.6 million of construction financing for the 18-unit luxury residential condominium project at 450 Warren St. in that New York City borough. Bank Hapoalim provided the loan, which was arranged by ...
Dallas CityBizList Grandbridge Real Estate Capital has arranged two Freddie Mac loans totaling $19.44 million against a pair of apartment properties in Tyler, Texas, about 100 miles east of Dallas. Both loans have 10-year terms. The properties are the 180-unit ...
Charlotte Business Journal Sherman Residential has paid $20.1 million, or about $314,063/unit, for 511 Queens, a 64-unit apartment property in Charlotte, N.C. The Northbrook, Ill., company bought the five-story property, at 511 Queens Road in the city's Myers Park neighborhood, ...
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