One Liberty Properties Inc. has bought Mobile Portside, a 373,015-square-foot industrial property in Mobile, Ala. The Great Neck, N.Y., company purchased the two-building property from Burton Property Group of Mobile in a deal brokered by JLL Capital Markets. The purchase [...]
Commercial Property Executive Millbrook Properties has paid $24 million, or $157.55/sf, for the 152,335-square-foot Westend Square shopping center in Tallahassee, Fla. The New York company purchased the property from Steven Leoni in a deal brokered by Marcus & Millichap’s Institutional [...]
Commercial Real Estate Direct Staff Report David Brickman, who helped launch NewPoint Real Estate Capital in 2021 after a 22-year career at Freddie Mac, has joined D2 Asset Management LP as president of residential real estate. In his new role, [...]
REJournals MAG Capital Partners has bought a pair of industrial properties totaling 360,000 square feet in Weslaco, Texas. The Fort Worth, Texas, company purchased the properties from Commodities Integrated Logistics, a McAllen, Texas, freight operator, which will continue to lease [...]
Yield Pro Comunidad Partners has bought Lakeshore at Preston, a 302-unit apartment complex in the Dallas suburb of Plano, Texas. The Austin, Texas, real estate firm purchased the property from Waterton of Chicago in a deal brokered by CBRE. The [...]
Commercial Real Estate Direct Staff Report Safe Harbor Investments has paid $56.5 million, or $224,206/unit, for the 252-unit Mason Port St. Lucie apartment property in Port St. Lucie, Fla., in the southeastern part of the state. The Knoxville, Tenn., investment [...]
Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody’s Price % Yield % Final Pricing (bp) Bnch mrk A-1 2.05 30.00 2.52 AAA AAA Aaa 99.9981 4.908 +70 J-spread A-2 100.00 30.00 4.74 [...]
Commercial Real Estate Direct Staff Report Circle Road Equities has paid $60 million, or $260.62/sf, for Camelback Lakes, a 230,222-square-foot office property in Phoenix. The local investment firm purchased the property from DRA Advisors of New York, which had acquired [...]
Tampa Bay Business Journal BayCare Health System Inc. has paid $145 million, or $235.52/sf, for the 36-acre office complex that’s just west of its St. Joseph’s hospital campus in Tampa, Fla. The Clearwater, Fla., healthcare system purchased the three-building property [...]
South Florida Business Journal BH Group has bought Wake Biscayne Bay, a 338-unit apartment complex in North Bay Village, Fla., for $83 million, or $245,562/sf. The Aventura, Fla., company purchased the property from a venture of TPG Angelo Gordon of [...]
