Cushman & Wakefield has brokered the sale of a multifamily portfolio consisting of two properties totaling 49 apartment units in Everett, Washington. The buyer was represented by Cushman & Wakefield’s Byron Rosen, Tim McKay, Jacob Odegard, Dan Chhan, Matt Kemper, and…
Oracle acquired a River North property from GBT Realty Corp. for $60 million. In June 2021, Oracle paid $253.7 million for more than 65 acres of East Bank land for its future campus on the Cumberland River. Construction of its planned $1.35…
StoneRiver Co. purchased the 288-unit 198 Milltown Apartments from Zimmerman Development Co. for $66.9 million. 198 Milltown Apartments, which are located at 198 Milltown St., were built in 2020 and offer one-bedroom, two-bedroom and three-bedroom units, with sizes ranging from 700 square…
Hunneman Real Estate brokered an 11,248 square-foot, 12-year lease of CKM Real Estate’s 250 Apollo in Chelmsford, MA to Triton Systems, an advanced materials, coatings and systems engineering product development firm that has been a defense contractor for more than 30…
Landmark Properties has closed on the acquisition of a 1.56-acre site at 134 N. Eagleville Rd., adjacent to the University of Connecticut’s (UConn) main campus in Storrs, CT. The firm will begin construction on The Mark Mansfield, a 738-bed student housing…
The Trepp CMBS Special Servicing Rate rose 45 basis points in February 2025 to 10.32%. The increase followed the rate’s slight decline in January, which represented its first drop in more than a year. Trepp cited two factors behind February’s sizable increase…
McCraney Property Co. is building a $45 million industrial park in Concord. Called Concord Gateway, the 55-acre site is just off Exit 55 of Interstate 85. The plans call for the construction of eight buildings between 10,000 and 64,000 square…
Lone Star Funds has abandoned 55 Allen Plaza to avoid foreclosure. Phoenicia Real Estate Holdings took title to the 14-story, 350,000-square-foot building through a deed in lieu of foreclosure. The deal was valued at $57.8 million. Phoenicia is a subsidiary…
The $200 million plan to add significant new development to Birkdale Village has received a critical approval. The Charlotte Business Journal reports Jamestown received an okay from the Huntersville Board of Commissioners for a rezoning that will allow them to…
After publishing its 2025 Atlanta Office Investment Forecast Report, Marcus & Millichap’s John Leonard commented, “Atlanta’s office market is at a turning point, with corporate expansions and investor confidence driving renewed momentum. As vacancy rates decline and demand for high-quality office…
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