REBusiness Online Opus Group has broken ground on 33 Commerce Center, a 250,829-square-foot industrial property in Marysville, Ohio. The Minnetonka, Minn., developer is building the property within a larger industrial project at 1100 Innovation Way, about 25 miles northwest of [...]
Washington Business Journal The General Services Administration is looking to sell the 337,000-square-foot office property at 4700 River Road in the Washington, D.C., suburb of Riverdale, Md. The property was built in 1994 and is occupied by the Animal and [...]
Commercial Real Estate Direct Staff Report CBRE has been appointed, by the Allegheny County Common Pleas Court, to serve as receiver for the 1.47 million-square-foot Gateway Center office complex in downtown Pittsburgh. The four-building property backs a $93.33 million CMBS [...]
Commercial Real Estate Direct Staff Report Waterton has acquired the 137-room Poco Diablo Resort hotel in Sedona, Ariz., from Pendant Capital. The price the Chicago investment manager paid could not be learned immediately. The hotel, at 1752 State Route 179, [...]
Commercial Real Estate Direct Staff Report Interstate Equities Corp. has paid $203.15 million, or $434,081/unit, for the 468-unit Summerwood Apartments in Santa Clara, Calif. The Los Altos, Calif., company purchased the property, at 444 Saratoga Ave., from DWS in a [...]
Affinius Capital has provided $132 million of financing for the development of the 297-unit apartment property at 358 Livingston St. in downtown Brooklyn, N.Y. The property is being developed by Goose Property Management of Brooklyn, which had purchased the development [...]
BisNow National Public Radio is looking for a tenant to lease 107,000 square feet at 1111 North Capitol St. NE in the NoMa, or North of Massachusetts Avenue, neighborhood of Washington, D.C. The public broadcaster owns the 331,000-sf office property [...]
South Florida Business Journal An affiliate of TA Realty has paid $160 million, or $316.56/sf, for the Ironwood Commerce Center, a 505,436-square-foot industrial complex in Opa-Locka, Fla. The Boston company purchased the property from Link Logistics, the industrial property investment [...]
Commercial Real Estate Direct Staff Report Wingate Capital has paid $41 million, or $308,270/unit, for the 133-unit Baker Chocolate Factory Apartments in Boston. The Newton, Mass., investor acquired the property from Makor Capital of Needham, Mass., which had purchased it [...]
Commercial Real Estate Direct Staff Report An affiliate of Norton S. Karno has paid $56.5 million, or $289,743/unit, for the 195-unit Hampton Meridian apartment property in Apache Junction, Ariz., which is 32 miles east of Phoenix. The affiliate of Karno, [...]
