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Middleburg, HGI Secure Construction Financing for 299-Unit Multifamily Development in Richmond
1+ day, 4+ hour ago (257+ words) RICHMOND, VA. " A joint venture between Northern Virginia-based developer Middleburg and affiliates of Harbor Group International (HGI) has secured construction financing for Scottwood, a 299-unit multifamily development located at 4400 W. Broad St. in Richmond. Truist Bank provided an undisclosed amount of…...
Eastham Capital, Bender Cos. Acquire Multifamily Community in Metro Chicago for $30.4M
1+ day, 5+ hour ago (239+ words) RICHTON PARK, ILL. " Eastham Capital and its operating partner Bender Cos. have acquired Park Towers Apartment Homes in Richton Park for $30.4 million. The 270-unit multifamily community is situated in Cook County. Park Towers is currently 94 percent occupied with average rents of…...
SRS Brokers $9.4M Sale of Single-Tenant Retail Property Leased to Academy Sports in Madison, Mississippi
1+ day, 4+ hour ago (230+ words) MADISON, MISS. " SRS Real Estate Partners has brokered the $9.4 million sale of a single-tenant retail property leased to Academy Sports + Outdoors located in Madison, about 15 miles north of Jackson. Michael Berk, Patrick Nutt and Chip Watson of SRS represented the…...
Colliers Brokers Sale of 554,228 SF Distribution Facility in Greenfield, Indiana
1+ day, 5+ hour ago (236+ words) GREENFIELD, IND. " Colliers has brokered the sale of 70 Connect II, a 554,228-square-foot distribution facility in Greenfield within the Indianapolis Mount Comfort submarket. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Cam Kucic and Korey Ryan of Colliers represented…...
Phoenix Investors Acquires 334,772 SF Industrial Facility in West Paducah, Kentucky
1+ day, 10+ hour ago (166+ words) PADUCAH, KY. "An affiliate of Phoenix Investors has purchased a 334,772-square-foot industrial facility located at 7845 Carneal Road in West Paducah. The seller and sales price were not disclosed. Originally constructed in 1966, the facility sits on roughly 29 acres and includes 25-foot…...
Moinian Group Begins Leasing 38-Story Apartment Building in Lower Manhattan
1+ day, 4+ hour ago (248+ words) NEW YORK CITY " Locally based owner-operator The Moinian Group has begun leasing ARIA 7 Platt, a 38-story apartment building located in the Financial District of Lower Manhattan. Designed by Hill West with interiors by Rockwell Group and built by AECOM Tishman,…...
SRS Real Estate Partners Brokers $13.5M Sale of Two-Tenant Retail Property in Palmdale, California
1+ day, 11+ hour ago (300+ words) PALMDALE, CALIF. "SRS Real Estate Partners has arranged the sale of a two-tenant retail property located at 39112-39228 10th St. West in Palmdale. A family office sold the asset to a Southern California-based private investor for $13.5 million. Smart & Final and Barnes & Noble…...
KBS Sells 210,938 SF Salt Lake Hardware Building in Downtown Salt Lake City
1+ day, 5+ hour ago (430+ words) SALT LAKE CITY "KBS has completed the sale of the Salt Lake Hardware Building, a historic office building located at 155 N. 400 West in downtown Salt Lake City, to Dart Interests for an undisclosed price. The five-story Salt Lake Hardware Building was…...
JLL Arranges $10.2M Sale of Washington Center Retail Property in Denver
1+ day, 5+ hour ago (225+ words) DENVER "JLL Capital Markets has arranged the sale of Washington Center, a shopping center located at 812-858 E. 120th Ave. and 11874-11890 Washington St. in Denver. Northglenn LLC sold the property to a local investment firm for $10.3 million. At the time of sale, the…...
Colliers Arranges $56M Sale of 200-Unit Multifamily Community in Denver
2+ day, 5+ hour ago (146+ words) DENVER "Colliers has directed the sale of Momentum at First Creek, an apartment property located at 5500 Telluride St. in Denver. A local Colorado-based developer sold the asset to a private out-of-state investment firm for $56 million. Completed in 2023, Momentum at First…...
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