The Real Deal The Round Rock, Texas, Independent School District has paid $37.75 million, or $183.25/sf, for the 206,000-square-foot office building at 9900 Spectrum Drive in Austin, Texas. LegalZoom, a Glendale, Calif., legal tech company, sold the property, which it [...]
BisNow Rooney Properties has paid $20.2 million, or $102.54/sf, for the 197,000-square-foot office building at 4350 North Fairfax Drive in Arlington, Va. The local investor bought the property from Nuveen, which had acquired it in 2006 for $85 million. Newmark [...]
BisNow Fidelity Investments is looking to sublease the 803,000 square feet it occupies at the 910,000-sf office property at 245 Summer St. in Boston. The financial services company is relocating next year to Commonwealth Pier, the former Seaport World Trade [...]
Commercial Observer Clarion Partners has paid $85.5 million, or $284.25/sf, for the 300,786-square-foot City Logistics industrial property at 1201 South Caton Ave. in Baltimore. The New York investment manager bought the two-building property, the former Seton Keough High School, from [...]
Commercial Property Executive Sterling Organization has paid $61.1 million, or $514.11/sf, the Rossmoor Shopping Center, a 118,846-square-foot property in Walnut Creek, Calif. The West Palm Beach, Fla., private equity firm purchased the retail center through its $267 million Sterling United [...]
Manhattan's office market just ended its best quarter since 2018, with 10.1 million square feet of leasing, according to Avison Young. That was up 20.8% from a year ago and contributed to the sharp reduction in availability, to 17.3% from [...]
Commercial Real Estate Direct Staff Report Walker & Dunlop has arranged $168 million of Freddie Mac financing against the 776-unit Park Sierra apartment property in Santa Clarita, Calif. The loan allowed the property’s owner, G.H. Palmer Associates of Beverly Hills, [...]
Atlanta Business Chronicle Portman Holdings is offering for sale the 280,000 square feet of office space at 230 Peachtree in downtown Atlanta. The local developer has hired JLL to market the space, which is currently 60% occupied. The buzz is [...]
Taconic Partners has paid $74.3 million, or $202.45/sf, for the 367,000-square-foot industrial property at 1735 Jersey Ave. in North Brunswick, N.J. The New York investor bought the property from Saadia Group of New York and funded its purchase with a [...]
REBusiness Online Diaz Construction LLC has sold the 100-unit 805 Harmon Heights Apartments & Condos in Valdosta, Ga., for $18.3 million, or $183,000/unit. An undisclosed Tennessee-based company was the buyer. Marcus & Millichap brokered the deal. The nine-building property, at [...]
