Corebridge Pays $43.5Mln for Miami Gardens, Fla., Warehouse

South Florida Business Journal Corebridge Real Estate Investors has bought the 221,471-square-foot industrial building at 1400 NW 159th St. in Miami Gardens, Fla., for $43.5 million, or $196.41/sf. The New York company purchased the warehouse from Longpoint Partners of Boston, [...]

By |2025-03-28T20:42:11+00:00March 28, 2025|Blogs|0 Comments

Seven Hills Realty Lends $18.5Mln Against Waco, Texas, Student Housing

Seven Hills Realty Trust has provided $18.5 million of bridge financing against the LL Sams student-housing complex, with 271 beds near the main campus of Baylor University in Waco, Texas. The property is owned by Shore to Shore Properties Inc. [...]

By |2025-03-28T17:40:45+00:00March 28, 2025|Blogs|0 Comments

PGIM Real Estate Writes $71.77Mln Fannie Loan for Seattle Apartments

PGIM Real Estate has provided $71.77 million of Fannie Mae financing against the 227-unit Victor apartment property in Seattle’s First Hill neighborhood. The eight-story property, at 1100 Boylston Ave., is next to the 113-year-old Seattle First Baptist Church, a city [...]

By |2025-03-28T17:40:45+00:00March 28, 2025|Blogs|0 Comments

Fox Vacating 328,000 SF at Manhattan’s 1211 Ave. of Americas, Prompts CMBS Downgrades

Commercial Real Estate Direct Staff Report Fox Corp. will be vacating 328,000 square feet at the 2 million-sf 1211 Ave. of the Americas office building in midtown Manhattan, according to Kroll Bond Rating Agency. The broadcasting network, along with parent [...]

By |2025-03-28T17:40:45+00:00March 28, 2025|Blogs|0 Comments

Engineering Co. Leases 100,000 SF of Office Space in Mechanicsburg, Pa.

Gannett Fleming TranSystems has leased 100,000 square feet at Sterling Place Corporate Center, a 220,296-sf office property in Mechanicsburg, Pa., near Harrisburg, Pa. The engineering company is relocating from a 220,000-sf campus at 202, 207, and 209 Senate Ave. in [...]

By |2025-03-27T22:41:29+00:00March 27, 2025|Blogs|0 Comments

Houston’s One City Centre Office Sells for $24.62Mln; CMBS Loan Takes Big Hit

Developer 3L Real Estate has purchased One City Centre, a 602,122-square-foot office property in Houston, for $24.62 million, or nearly $41/sf. Its $100 million CMBS loan took an $83.35 million hit. The post Houston’s One City Centre Office Sells for [...]

By |2025-03-27T22:41:29+00:00March 27, 2025|Blogs|0 Comments

Seniors-Housing Property in Sacramento, Calif., Sells for $22.6Mln

Sacramento Business Journal Alta Senior Living has bought the Village at Heritage Park, a 162-unit seniors-housing property in Sacramento, Calif., for $22.6 million, or $139,506/unit. The North Palm Beach, Fla., company, which specializes in owning, developing, and managing seniors properties, [...]

By |2025-03-27T22:41:28+00:00March 27, 2025|Blogs|0 Comments

Minneapolis-Area Industrial Property Sells for $22Mln

Finance & Commerce Advanced Exhaust Solutions has paid $22 million, or $130.95/sf, for the Jacquard Distribution Center, a 168,000-square-foot industrial property in Lakeville, Minn. The Northfield, Minn., company, which provides exhaust gas silencers and other products, purchased the building from [...]

By |2025-03-27T22:41:28+00:00March 27, 2025|Blogs|0 Comments

Sports Team-Focused Investment Manager Moves into Real Estate

Arctos Partners, a Dallas private-equity firm that, among other things, invests in sports franchises, has expanded into the real estate asset class. It's hired a team of investment professionals from Crow Holdings that will be based in Boston and comprise [...]

By |2025-03-27T19:41:02+00:00March 27, 2025|Blogs|0 Comments

Cornelia, Ga., Shopping Center Trades Hands

REBusiness Online Morrison Group has bought the 146,544-square-foot Habersham Village shopping center in Cornelia, Ga. Vanguard Associates Inc. of Atlanta sold the retail property, which it had purchased out of foreclosure in 2017. Cushman & Wakefield brokered the latest deal. Habersham [...]

By |2025-03-27T19:41:02+00:00March 27, 2025|Blogs|0 Comments
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