Deals: archive
Every Deals story in Real Estate, newest first. 670 stories
13 stories
A 23-year hold resets Pico-Robertson's per-unit bar at $334,937
A sale after two decades under one owner gives small-balance buyers a fresh per-unit comp in a neighborhood where inventory rarely trades.
Pyramid, Paolino buy Providence Place out of receivership for $133M
DW Partners joins the group, and the $133 million price reads as a bet that Rhode Island's largest mall can be repositioned rather than liquidated.
Terreno pays $8M for vacant Redmond industrial building and the land under it
The 5.9% stabilized cap on an empty building is a wager on scarce Eastside Seattle dirt.
$20.4M Lincoln Park trade clears at $208K a unit
Marcus & Millichap's sale of a 98-unit building with retail gives Lincoln Park a fresh mid-sized multifamily comp.
JBL Asset Management pays $17.3M for Quadro retail condo in Miami
The purchase puts the Hollywood, Fla.-based buyer on the edge of the Design District as its owners land a $125M construction loan.
Northmarq closes $22.5M sale of Spokane apartments
At roughly $126,400 a door, the Spokane sale is a mid-sized multifamily deal that closed because the buyer had a local team.
RangeWater buys Atlanta's Bell Buckhead West for $54.9M
The 280-unit Atlanta community sold for about 11% below what Bell Partners paid in 2017, another sign that buyers are pricing stabilized apartments on current rents, not future growth.
Argosy adds Fort Myers site to its Sunbelt industrial portfolio
Third off-market purchase in Argosy's small-format Sun Belt rollout, with Bay Street Capital as operating partner.
Silverstone prices Brooklyn lease-up risk with preferred equity
The One Sunset recapitalization uses preferred equity to carry a 421-a building through lease-up, with the real repricing at the leasing finish line.
Estate Cos. buys Phase II site for $13M before Phase I has delivered a unit
The 1.19-acre West Palm Beach parcel sits next to a still-rising 321-unit building, with Banesco financing 65% of the land.
Breakthrough's Boston exit puts a $19.3 million price on approvals
The Tishman Speyer-Bellco venture sells its entitled 232 A St. parcel to P&G Gillette for $99.3 million, monetizing the planning process rather than construction.
GIC agrees to sell Tokyo office to Kenedix for $1.4B
The deal hands Tokyo a fresh office pricing reference at a roughly 28% gain over GIC's cost.
Cross Ocean, Fuller buy Fluor-anchored Houston office campus
Fluor occupies just under half the square footage at Eldridge Place, and that concentration is what makes the deal work.
18 stories
T&E buys West Chelsea lot from PPHE for $33.5M
The price works out to roughly $452 per square foot of development potential on a rare unrestricted West Chelsea parcel.
Lincoln, SVP wrap The Bluffs office rehab in Playa Vista
The repositioned campus opens with more than 57,000 square feet of new leases in a West L.A. market still wrestling with office distress.
Michaels Organization to break ground on $88M Davis apartments with Japanese partners
The Lumberyard will bring 239 apartments and ground-floor retail to downtown Davis. Japanese investors are behind the $88 million project.
A $164,230-per-unit trade sets a Chicago value-add multifamily benchmark
The first sale of this Edgewater building in nearly 50 years gives buyers a clean reference point for a gut-rehab play.
CBRE brokers $14.9M Fair Lawn apartment sale
The 43-unit Class A building traded for about $347,000 a unit, a marker for new Bergen County apartments.
V12 Investments buys Hudson, N.H., warehouse for $3.9M
A 36,800-square-foot warehouse sale shows small private capital still clearing deals near the Massachusetts border.
LaSalle buys 1.1 million-sf Subaru hub from Prologis-Browning JV
The fully leased build-to-suit anchors Subaru's national parts network.
Azora, Vizcaya flip Coconut Grove office to El-Ad for $62.3M
The Grove at 3250 Mary sells for $62.3 million, a markup that shows how far Coconut Grove scarcity goes in a beaten-down office market.
CBRE IM pays $135M for Charlotte industrial park
The fully leased purchase from a Blackstone affiliate lands ahead of a 46.1-million-square-foot lease-expiration wave.
Knightvest pays $73.7M for Phoenix apartments in out-of-state run
The 254-unit Pavilions on Central purchase extends a string of Phoenix apartment deals by out-of-state buyers.
Finmarc pays $77.5M for 70%-leased Tysons office towers
The $168-per-square-foot price makes filling 138,000 square feet of vacancy the entire trade.
INDUS Realty Trust acquires five-building Houston industrial portfolio
Park 845 Crossing spans 757,325 square feet at I-45/Beltway 8. It was 99 percent leased when INDUS took ownership.
Related Group starts 494-home remake of Boca Raton's Office Depot campus
Broken Sound Residences is the first step in a 28-acre redo of the former Office Depot campus.
Lincoln, Saber-Hightower and Waterfall close on $450M tri-state portfolio
The mixed-asset deal covers 4 million square feet of existing properties and prime development sites.
Thor Equities to Buy ESRT's 1359 Broadway for $218M
The Midtown tower, 95 percent occupied, goes for $7 million under its asking price in Joe Sitt's latest office purchase.
Zar Properties closes on NoHo mixed-use buildings for $21M
A five-decade family hold in NoHo sells to Zar Properties after three competing bids and a 30-day close.
Vivmark must sell Boston towers under AG antitrust deal
The AG's buyer-approval power makes the forced sale a test of how regulators police the combined landlord.
Commercial property sales jump 30% in first half
Green Street's mid-year broker rankings show $25M-and-up trades climbing 29.9% despite macro risks, with brokered volume up even more.
9 stories
Jadian Capital pays $167M for Staten Island IOS site
The $167 million Staten Island sale gives industrial outdoor storage its second public benchmark in a week, after the sector's record debt refinancing.
A Corona del Mar retail strip sells $700,000 above asking
The $700,000 over-ask on a small Corona del Mar strip reflects what private local investors will pay for scarce retail with parking.
Lincoln venture pays $450M for Tri-State portfolio anchored by IBM-era campus
The $450 million deal combines income-producing properties with a 270-acre IBM-era campus whose unused power capacity is the point.
Stockbridge pays $767,000 a unit for Potrero Hill apartments
The $132 million purchase gives San Francisco apartment investors a fresh price benchmark at the top of an AI-driven cycle.
Finmarc pays $77.5M for Tysons towers in a Northern Virginia office bet
The Bethesda firm is funding the deal with dispositions and says another $250M-$300M of buying is coming.
Nicola Wealth offloads fully leased Chandler business park
Cushman & Wakefield arranged the sale of the two Class A buildings; buyer and price were not disclosed.
Creation, Crow Holdings Break Ground on 700K-SF Avondale Campus
The 38-acre industrial project pairs 36-foot clear heights with pickleball courts in a bet on advanced manufacturing tenants.
Knightvest buys Round Rock portfolio, plans a rebrand
The three Silicon Hills communities get renovations and new names.
PCCP and RPM Living buy a 358-unit Arlington apartment community
A 2021-built North Arlington property near the sports and entertainment district changes hands from its developer to an institutional joint venture.