Digital Realty completed the purchase of 155 acres at 12899 Moores Chapel Road in Charlotte to build a data center. The company bought the site from The Keith Corp. for $160 million. Digital Realty is headquartered in Austin, Texas, and…
TA Realty LLC recently sold two class A warehouse buildings to High Street Logistics Properties, LLC. The transaction between the two Boston-based companies totaled over $60 million and encompassed 440,850 square feet. The first building, consisting of 189,600 square feet,…
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…
Interra Realty brokered the sale of Sunset Village, an 84-unit multifamily property in Waukegan, Illinois. The senior housing property sold for $7.77 million, equivalent to $92,500 per unit. Interra Managing Partner Patrick Kennelly, Managing Director Paul Waterloo and Associate Nathan…
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…
Drawbridge Realty has extended a 60,002-square-foot lease at 170 Rose Orchard Way in San Jose to Beckman Coulter, Inc., a developer and manufacturer of biomedical testing products. The tenant is a subsidiary of publicly traded Danaher Corporation. “We’re delighted to be able…
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…
Healthcare Realty Trust sold two Durham area medical office buildings for a combined $20 million. AW Property acquired both properties: the Duke Health Center for $15.2 million and the UNC Family Medicine Center for $5 million. Healthcare Realty Trust acquired…
Cambridge Realty Capital provided a $15.52 million HUD Lean loan to refinance The Pointe at Eastgate, an assisted living facility located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year loan was provided for the…
Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure at 85% LTV for the acquisition of 501 S. Beverly, a three-story office property in Beverly Hills. The sale price…
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