Houston Business Journal Harmony Public Schools has bought the six-story office building at 1255 Enclave Parkway in Houston’s Energy Corridor submarket. The locally based charter school purchased the 171,091-square-foot property from EQT Real Estate of Radnor, Pa., in a deal brokered [...]
Commercial Real Estate Direct Staff Report CWCapital Asset Management, which has been handling the Greenbrier Mall in Chesapeake, Va., as special servicer since 2019, has placed the shopping center on the sales block. It’s hired Newmark’s national mall team to [...]
Crain’s Chicago Business LNR Partners is offering for sale the 170,507 square feet of retail space at the One North State office property in Chicago. The special servicer represents COMM, 2014-UBS2, the CMBS trust that took the space through foreclosure [...]
Walker & Dunlop Investment Partners has provided $81 million of financing against the 312-unit Enclave Heritage Flats apartment property in the San Diego suburb of Chula Vista, Calif. The short-term loan, with limited recourse, allowed the property’s owner, Baldwin and [...]
Equity Residential has sold Metro on First, a 106-unit apartment property in Seattle for $42.6 million, or $401,886/unit. The Chicago REIT’s property sale was arranged by Kidder Mathews. The buyer couldn’t be learned immediately. Metro on First, at 215 1st [...]
Commercial Observer West End Capital Group has paid $56.8 million, or $175,308/unit, for the 324-unit Barracks West Apartments & Townhomes in Charlottesville, Va. The Washington, D.C., investor acquired the property from Goldstar Group of Bethesda, Md., which had paid $44.9 [...]
Commercial Real Estate Direct Staff Report Liberty One Group has paid $42 million, or $208,955/room, for the 201-room Holiday Inn New York JFK Airport Area hotel in the Jamaica neighborhood of Queens, N.Y. The New York investor acquired the 12-year-old [...]
Commercial Real Estate Direct Staff Report Manga Hotel Group has paid $56 million, or $350,000/room, for the 160-room SoHo 54 Hotel in the SoHo section of Manhattan. The Toronto investor bought the property from Lam Group of New York and [...]
Commercial Real Estate Direct Staff Report Worldgate Centre, a 229,326-square-foot retail property in the Washington, D.C., suburb of Herndon, Va., whose $51.98 million mortgage had been extended by two years, has been reappraised at a value of only $26 million. [...]
The Real Deal Google is looking to sublease the 165,000 square feet it leases at the 978,795-sf office property at 345 Hudson St. in Manhattan’s Hudson Square area. The property is owned by a venture of Hines, Trinity Church Wall [...]
