Deals: archive
Every Deals story in Real Estate, newest first. 669 stories
3 stories
Weidner pays $130M for 440-unit Lehi, Utah complex
Nearly 30 offers came in for the 2014-vintage property, which Cushman & Wakefield marketed for Mountain States Properties.
ORIX buys AMLI Lenox with $83M New York Life loan
The 391-unit tower was 96% occupied and will be renamed Akari Buckhead.
Endeavor buys Carnegie Point in Charlotte for $38.8M
Redline Property Partners sold the 92%-leased, 108,000-square-foot building it bought for $27.8 million in January 2022.
8 stories
Bridge Logistics buys 21.3-acre XPO terminal at half land value
The Santa Fe Springs site is fully leased to XPO; the price and lease term were not disclosed.
Grover Corlew buys 200 East Broward in Fort Lauderdale for $69.7 million
The Boca Raton buyer plans $20 million in amenities for the 75 percent-occupied, 1991-vintage tower.
SL Green's two Manhattan office sales lift Q3 net income to $72.2M
The REIT collected $99 million of net proceeds from 10 East 53rd Street and expects $216 million from 110 Greene Street.
David Werner buys 49% stake in 605 Third Avenue from J.P. Morgan Asset Management
The interest was listed at a $425 million valuation in July; Werner's purchase price was not disclosed.
Inland Real Estate buys two Wisconsin self-storage sites from Bruno's
Colliers' Dan Lynch represented the seller on the 175,825-square-foot, 1,486-unit pair; no price was disclosed.
SRS completes $133M sale of Sherwin-Williams Winter Haven warehouse
The 685,000-square-foot Florida distribution building traded with a new long-term Sherwin-Williams lease extension; the buyer was not identified.
Broe Real Estate Group buys 204-unit San Diego tower in all-cash deal
The all-cash deal for 525 Olive closed in 60 days; IREI's report does not disclose the price.
Manhattan investment sales fall 27% in Q3 to $2.5B as deal count rises
Avison Young's report puts the borough's annual dollar pace above 2025 but below its 10-year average, with office at nearly half of quarterly volume and REITs taking 36%.
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Gilbane pays $37 million for rezoned Sheepshead Bay development site
Ariel Property Advisors arranged the sale of 2185 Coyle St., which carries 408,400 buildable square feet on a 96,000-square-foot lot.
Oberndorf and Bascom paid $53.1m for 117-unit Museum Park Apartments in San Jose
The Class B+ complex has never been renovated, and the partnership plans a value-add renovation program, according to Connect CRE.
Brasswater pays more than $48M for two Palm Beach County Hampton Inns
Axonic Capital supplied $42.2 million of debt on the hotels, which seller Hospitality Investors Trust bought for $43.6 million in 2015.
Elmington and American South Capital Partners pay $55 million for Lawrenceville apartments with 2023 income caps
ASCP supplied $18 million in equity, roughly a third of the purchase price, and the county agreement sets income bands across all 260 units.
BGO buys fully leased Wrentham, Mass., industrial building for reported $34.9M
The 132,055-square-foot building, completed in 2023, was sold by Bluewater Property Group and Affinius Capital.
CBRE agrees to buy Onnec for $610M, plus up to $400M earnout
Onnec installs and maintains data center cables and equipment racks across Europe and Asia Pacific.
Vornado, Griffin, Rudin close 350 Park Ave joint venture with $3.3B loan, Citadel lease
Citadel takes 1.05 million square feet in the 66-story tower, where a Griffin affiliate holds 60% of the equity.
Real Capital Solutions, Dunton pay nearly $23.8M for Denver Tech Center office
The $98-a-square-foot price for Terrace Tower is 37 percent below what Sun Life Assurance Company of Canada paid in 2012.
OBREM and Bascom buy San Jose's Museum Park Apartments for $53.1m
The 2002-built, 117-unit class B+ complex is OBREM's first California purchase in over a decade, its managing director said.
Radnor, Madrone, Morehouse and Spelman break ground on $147M Atlanta student housing
The Den at Eight50 West is planned for 793 beds near Morehouse and Spelman, with construction under way since July 2026 and occupancy targeted for fall 2028.
Discovery Senior Living explores sale above $1 billion
Reuters reports the operator of roughly 450 communities in 40 states is working with William Blair on a potential transaction.
10 stories
Related Ross paid $64M for North 40 office complex in Boca Raton
The 1984-vintage complex is 74 percent occupied and sits less than a mile from the 124-acre BRiC campus Related Ross bought about two months earlier.
Michelin North America buys 2M-square-foot Wilmington distribution site for $151M
Silver Creek Development sold the Wilmington property it bought for $126 million in 2021; Michelin already occupied the building.
Pine Tree buys SITE Centers sponsor stake in $644M retail portfolio
The 10-property, 3.5 million-square-foot portfolio spans nine states and is primarily grocery-anchored; terms were not disclosed.
Platinum Advisors and RBC Dev Company buy Chandler office campus for $30.5M
North Beacon Capital sold the 10-building campus at $253 per square foot; the buyers are pursuing an office-condo model.
BGO and Banner buy Opa-Locka cold-storage facility from Realterm
Realterm paid $26 million for the Quirch Foods-leased building in 2020; the price in the current trade was not disclosed.
Tokyo Tatemono agrees to sell 22.5% of two Otemachi towers for ¥32.8bn
Japan Prime Realty Investment Corp. is the buyer, and the price is about 9% below a ¥36.1bn appraisal with a 3.3% NOI yield.
Savills IM sells Zaragoza logistics portfolio to Atland off-market
The European Logistics Fund 2 sale covers two fully leased properties totalling about 834,200 sq ft, with the purchase price undisclosed.
BGO and Banner Property Group acquire 160,000-square-foot Opa-locka cold storage facility
JLL advised the seller and arranged acquisition financing; the purchase price was not disclosed.
PATRIZIA acquires 24 Lidl stores in France, Italy and Spain
The roughly 538,000-square-foot portfolio is fully leased to Lidl on consumer-price-linked leases.
Commercial Observer column forecasts more than 30% rise in NYC development site sales
A Chelsea site being marketed by the author's team drew more than 80 offers, with pricing about 15% above the high end of original expectations.
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Irvine sells One North Wacker to Ortega's Ponte Gadea for $550M
The buyer assumes a $353 million CMBS loan Irvine took out in 2021, and the price is about $11 million above Irvine's combined 2011 and 2015 purchase price.
Akara and Deven start 305-bed SDSU student housing with capital in place
The eight-story College Avenue project targets the 2028–29 academic year; Connect CRE's report named no lender, loan amount or debt-equity split.
Baron Properties buys seven-property Phoenix and Las Vegas warehouse portfolio
The 426,000-square-foot portfolio is fully leased to 11 regional and national occupiers, according to Connect CRE.
Brixton sells 664,100-square-foot Dow Texas Innovation Center to ExchangeRight REIT
Brixton took operating partnership units in ExchangeRight rather than cash, deferring taxes on a campus leased entirely to Dow Chemical.
EQT signs deal to acquire Stockbridge, adding $16.5B in fee-generating assets
The transaction covers 100% of Stockbridge's management company and GP entities; earlier reporting put the price at $375 million.
Phillips Edison pays $69.1M for Publix-anchored Oviedo center
The 168,532-square-foot Seminole County center is 96% occupied; JLL represented a seller joint venture that includes MCB Real Estate.
TMG Partners and KKR-managed accounts buy San Jose's Skyport Plaza for $75.5 million
The county lease is projected to start in the first quarter of 2029 and run through 2059, after TMG renovates the vacant former Qualcomm towers.
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TruAmerica Multifamily acquires 446-unit Dunwoody apartment complex
The wider Perimeter Center submarket has 321 units scheduled for 2027 delivery, the release cited by The Real Deal says.