Marcus & Millichap closed the sale of Buckley Commercial Building and Yard, a 10,512-square-foot industrial property located in Buckley, Washington. The asset sold for $2.3 million, according to Joel Deis, regional manager of the firm’s Seattle office. Matthew Herman and…
BWE, a national commercial and multifamily mortgage banking company, has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment portfolio in Clinton Township, Michigan, part of the Detroit metropolitan area. Adam Gould, senior vice president in BWE’s Detroit office,…
High Street Residential, a Trammell Crow company, has closed on 4 acres at 5005 Perimeter Blvd in Brookhaven. It paid $11.5 million in an all-cash transaction. The Atlanta Business Chronicle reports High Street plans to develop around 350 apartments at…
Mintel, a global market intelligence agency, has relocated from a 26,000-square-foot office at 333 W. Wacker Drive in the West Loop to 203 N. LaSalle. Transwestern Real Estate Services represented building ownership on the new 30,000-square-foot lease in the 27-story,…
Friedman Real Estate has been selected to partner with Wayne County’s Facilities Management and Planning division to manage the county’s new 1.2 million square foot Criminal Justice Center (CJC). The property is comprised of an adult detention center with 2,280…
The 14th + Spring office tower in Midtown Atlanta is on the market. Greenstone Properties and a Goldman Sachs affiliate are partners on the 12-story tower, which has remained vacant since its completion in late 2022. JLL is marketing 14th +…
Libertyville-based AXSYS Capital closed on the purchase of 853 Medical Drive, a 15,366-square-foot mixed-use office property in Wentzville, Missouri, for $3.6 million. The transaction marks AXSYS Capital’s seventh acquisition in Missouri and is the third purchase made by the company’s…
With the hope of landing an NHL as the carrot, The Forsyth County Board of Commissioners approved a plan forwarded by Krause Sports and Entertainment to develop a proposed $2 billion-plus entertainment hub for north Georgia. The Gathering at South…
The delinquency rate among U.S. CMBS climbed meaningfully in January from December, rising almost 10% to 4.61%, Kroll Bond Rating Agency (KBRA) reported. The total delinquent and specially serviced loan rate—i.e. the distress rate as measured by KBRA across its…
Marcus & Millichap closed the sale of Dollar General, a 9,100-square-foot net-leased property located in Toluca, Illinois. The asset sold for $1,093,000. Dustin Javitch, Craig Fuller, Erin Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Cleveland and Columbus…
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