MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 5410 Indian Head Highway, a three-story, 22,800-square-foot office building in the Oxon Hill section of Prince George’s County, Maryland, for $2.3 million. Former owner Indian Head Assets acquired the three-story building…
J.B. Hunt Transport bought 34 acres at 8329 OId Dowd Road, near the Charlotte airport, from Strategic Real Estate Partners for $10.75 million. The Charlotte Business Journal reports that Strategic may be planning to develop a 260,000-square-foot industrial building at…
Lincoln Properties has unloaded the Echo Street West project, an office project that Lincoln was having a hard team paying for. The office development was valued at $154 million after delivery but was sold for much less than that. The…
Gwinnett County is expanding its control over the Gwinnett Place Mall as it works to redevelop and resuscitate the aging property. Courtesy of Gwinnett County Board of Commissioners Gwinnett Place Mall in Gwinnett County that is set for a total redevelopment. The…
Boulder-based real estate investment and development firm Conscience Bay Company (CBC) completed the purchase of Industry Denver, located at 3001 Brighton Blvd, for $19 million. The 160,000-square-foot building will be rebranded as ‘Fabrica RiNo’. Conscience Bay Company purchased the property…
South Street Partners and TPG Real Estate have formed a joint venture to acquire The King and Prince Beach & Golf Resort in the Golden Isles. The duo is acquiring the resort and golf club from MMI Hospitality Group, which initially invested…
Aspen Real Estate purchased the underperforming Renaissance III shopping center, situated in a densely populated area near the University of Nevada-Las Vegas. Aspen paid $24.7 million for the 225,748-square-foot property located at the corner of East Flamingo and East Pecos Roads. The seller was…
Nonprofit senior living provider Buckner Retirement Services completed the acquisition of The Stayton at Museum Way, a Fort Worth senior living community, for $81 million. They purchased the property from Lifespace Communities Inc. Renamed “The Stayton at Museum Way by Buckner,” it becomes…
Trinity Partners, a full-service commercial real estate firm headquartered in Charlotte, North Carolina, is establishing operations in Atlanta with the acquisition of APG Real Estate Services, Atlanta Property Group’s (APG) leasing and management platform. The acquisition brings 46 industry professionals and…
Dawson Forest, a 268-unit value-add asset located outside of Atlanta, has been picked up by Viking Capital for $52 million. Viking says the asset has value-add potential with a business plan of renovations on 68% of units, equaling a $548,000 upside. The…
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