City National Bank provided a four-year, floating-rate loan of $46.8 million to fund the construction of The ONE at Millington, a new 360-unit, garden-style multifamily development located in Millington, Tennessee. One Real Estate Investment (OREI) is the sponsor. Berkadia’s Brad Williamson,…
Lee & Associates arranged the sale of 831 E. Huntington Dr., also known as Huntington Professional Center, a professional office and medical center, in Monrovia. The buyer and seller were not disclosed. The property sold for $7.65 million and is…
Ventas Inc. bought the four-story assisted living facility Camellia at Deerwood at 10061 Sweetwater Parkway for $27.4 million from Chicago Pacific Founders. Both are Chicago-based companies. The property adds to Ventas’ 800-plus senior housing communities, including five in Jacksonville. The…
Eight years ago Duke Health began acquiring land to build out the campus in Cary. In 2022, the health system opened its first facilities at the site. The campus currently houses about 100,000 square feet of primary care, pediatric, urgent care and…
The Shops at Prescot Village is an 83,000-square-foot neighborhood shopping center in Waxhaw. The Widewaters Group is developing the 100-acre, mixed-use development at Providence Road and Prescot Glen Parkway. Lowes Foods has already signed on as an anchor for the project….
Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate today announced the acquisition of the Atrium Medical Center Medical Outpatient Building. CBRE brokered the transaction. The five-story, 103,175-square-foot medical office building, located at 200 Medical Center Dr. in…
Woodside Health has paid $20.9 million for Paradise Valley Plaza, a three-building, multi-tenant office and medical complex spanning 100,203 square feet in Scottsdale. Cloud Peak Development sold the asset. This marks the company’s 14th property in the Phoenix metropolitan area….
AW Properties obtained $55.2 million in financing for a nine-property medical portfolio totaling 297,500 square feet in Burlington, Durham and Greensboro, North Carolina. The loan proceeds were used to acquire the portfolio. JLL placed the 10-year, fixed-rate loan with a…
Marcus & Millichap closed the sale of a retail condominium at One Vandam, located at 180 Sixth Ave. in New York’s SoHo neighborhood. The property, which spans 14,072 square feet, was sold for $7.3 million. “New York City’s retail market…
Cresa’s New Jersey-based Medical Practice Group, led by managing principals Jonathan Marks and Dennis Gralla, recently represented Regional Cancer Care Associates (RCCA) in its new 10,000-square-foot, build-to-suit project at 210 Woodport Rd. in Sparta, NJ. With the lease, the oncology…
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