A joint venture of Harbor Associates, LLC and F&F Capital Group has acquired Highlands Corporate Center, a Class A 211,000-square-foot, five-building multi-tenant office campus in San Diego. Deal terms were not disclosed. Located at 12730-1278 High Bluff Dr. in Del Mar…
Nassimi Realty has acquired Joffco Square, a retail center located at 555 West Roosevelt Road in Chicago’s South Loop, for $9.25 million. The 100,000-square-foot property, purchased at $92 per square foot, was previously acquired by the prior owner for $27…
Optimus Properties, LLC purchased 5214-5232 W. Sunset Blvd., a 19,904 square-foot retail strip center in Hollywood, situated on a 42,076-square-foot lot, via a court-ordered sale. The center is shadow-anchored by a box retail space that was formerly 99 Cents Only’s top…
Douglas Development Corp. has acquired the Portrait Building at 701 Eighth St. NW in D.C., which the previous owner turned over to its lender earlier this year. Jemal’s Portrait Building LLC, a Douglas affiliate, bought the 135,000-square-foot, eight-story property for…
New York University paid $69.2 million to acquire a 13-story dormitory at 35 Cooper Sq. in NoHo from a partnership between Sherwood Equities and Bhatia Development Organization, reported the New York Business Journal. Sherwood and Bhatia have been leasing the…
First National Realty Partners (FNRP) has acquired Waretown Town Center, an 87,735-square-foot grocery-anchored shopping center located in Waretown, within New Jersey’s Ocean County. This acquisition for an undisclosed sum marks Red Bank, NJ-based FNRP’s seventh shopping center in New Jersey. Waretown Town Center is…
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, announced the $54-million acquisition and planned renovation of Green Hotel Apartments, an affordable senior apartment complex in downtown Pasadena. This is CPP’s 15th community in the greater Los Angeles area…
INDUS Realty Trust picked up a newly delivered 550,000-square-foot industrial facility that houses Dublin-based Primark’s distribution center. The property is fully leased to Primark, one of the largest clothing retailers in Europe. VanTrust Real Estate sold the recently completed project, Building…
Standard Communities headed a group of partners that picked up a 100% affordable multifamily project in Shelby, NC. The company paid $16.4 million for the Laurel Hill Apartments at 1526 Eaves Road in Cleveland County. Funding for the Laurel Hill…
Newmark has arranged a structured equity facility to finance programmatic student housing acquisitions throughout the U.S. Newmark secured the continuing equity source on behalf of the sponsor, Tailwind Group, a Minnesota-based real estate development, management and leasing firm. Newmark Vice…
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