Deals: archive
Every Deals story in Real Estate, newest first. 663 stories
6 stories
Argosy adds Fort Myers site to its Sunbelt industrial portfolio
Third off-market purchase in Argosy's small-format Sun Belt rollout, with Bay Street Capital as operating partner.
Silverstone prices Brooklyn lease-up risk with preferred equity
The One Sunset recapitalization uses preferred equity to carry a 421-a building through lease-up, with the real repricing at the leasing finish line.
Estate Cos. buys Phase II site for $13M before Phase I has delivered a unit
The 1.19-acre West Palm Beach parcel sits next to a still-rising 321-unit building, with Banesco financing 65% of the land.
Breakthrough's Boston exit puts a $19.3 million price on approvals
The Tishman Speyer-Bellco venture sells its entitled 232 A St. parcel to P&G Gillette for $99.3 million, monetizing the planning process rather than construction.
GIC agrees to sell Tokyo office to Kenedix for $1.4B
The deal hands Tokyo a fresh office pricing reference at a roughly 28% gain over GIC's cost.
Cross Ocean, Fuller buy Fluor-anchored Houston office campus
Fluor occupies just under half the square footage at Eldridge Place, and that concentration is what makes the deal work.
18 stories
T&E buys West Chelsea lot from PPHE for $33.5M
The price works out to roughly $452 per square foot of development potential on a rare unrestricted West Chelsea parcel.
Lincoln, SVP wrap The Bluffs office rehab in Playa Vista
The repositioned campus opens with more than 57,000 square feet of new leases in a West L.A. market still wrestling with office distress.
Michaels Organization to break ground on $88M Davis apartments with Japanese partners
The Lumberyard will bring 239 apartments and ground-floor retail to downtown Davis. Japanese investors are behind the $88 million project.
A $164,230-per-unit trade sets a Chicago value-add multifamily benchmark
The first sale of this Edgewater building in nearly 50 years gives buyers a clean reference point for a gut-rehab play.
CBRE brokers $14.9M Fair Lawn apartment sale
The 43-unit Class A building traded for about $347,000 a unit, a marker for new Bergen County apartments.
V12 Investments buys Hudson, N.H., warehouse for $3.9M
A 36,800-square-foot warehouse sale shows small private capital still clearing deals near the Massachusetts border.
LaSalle buys 1.1 million-sf Subaru hub from Prologis-Browning JV
The fully leased build-to-suit anchors Subaru's national parts network.
Azora, Vizcaya flip Coconut Grove office to El-Ad for $62.3M
The Grove at 3250 Mary sells for $62.3 million, a markup that shows how far Coconut Grove scarcity goes in a beaten-down office market.
CBRE IM pays $135M for Charlotte industrial park
The fully leased purchase from a Blackstone affiliate lands ahead of a 46.1-million-square-foot lease-expiration wave.
Knightvest pays $73.7M for Phoenix apartments in out-of-state run
The 254-unit Pavilions on Central purchase extends a string of Phoenix apartment deals by out-of-state buyers.
Finmarc pays $77.5M for 70%-leased Tysons office towers
The $168-per-square-foot price makes filling 138,000 square feet of vacancy the entire trade.
INDUS Realty Trust acquires five-building Houston industrial portfolio
Park 845 Crossing spans 757,325 square feet at I-45/Beltway 8. It was 99 percent leased when INDUS took ownership.
Related Group starts 494-home remake of Boca Raton's Office Depot campus
Broken Sound Residences is the first step in a 28-acre redo of the former Office Depot campus.
Lincoln, Saber-Hightower and Waterfall close on $450M tri-state portfolio
The mixed-asset deal covers 4 million square feet of existing properties and prime development sites.
Thor Equities to Buy ESRT's 1359 Broadway for $218M
The Midtown tower, 95 percent occupied, goes for $7 million under its asking price in Joe Sitt's latest office purchase.
Zar Properties closes on NoHo mixed-use buildings for $21M
A five-decade family hold in NoHo sells to Zar Properties after three competing bids and a 30-day close.
Vivmark must sell Boston towers under AG antitrust deal
The AG's buyer-approval power makes the forced sale a test of how regulators police the combined landlord.
Commercial property sales jump 30% in first half
Green Street's mid-year broker rankings show $25M-and-up trades climbing 29.9% despite macro risks, with brokered volume up even more.
16 stories
Jadian Capital pays $167M for Staten Island IOS site
The $167 million Staten Island sale gives industrial outdoor storage its second public benchmark in a week, after the sector's record debt refinancing.
A Corona del Mar retail strip sells $700,000 above asking
The $700,000 over-ask on a small Corona del Mar strip reflects what private local investors will pay for scarce retail with parking.
Lincoln venture pays $450M for Tri-State portfolio anchored by IBM-era campus
The $450 million deal combines income-producing properties with a 270-acre IBM-era campus whose unused power capacity is the point.
Stockbridge pays $767,000 a unit for Potrero Hill apartments
The $132 million purchase gives San Francisco apartment investors a fresh price benchmark at the top of an AI-driven cycle.
Finmarc pays $77.5M for Tysons towers in a Northern Virginia office bet
The Bethesda firm is funding the deal with dispositions and says another $250M-$300M of buying is coming.
Nicola Wealth offloads fully leased Chandler business park
Cushman & Wakefield arranged the sale of the two Class A buildings; buyer and price were not disclosed.
Creation, Crow Holdings Break Ground on 700K-SF Avondale Campus
The 38-acre industrial project pairs 36-foot clear heights with pickleball courts in a bet on advanced manufacturing tenants.
Knightvest buys Round Rock portfolio, plans a rebrand
The three Silicon Hills communities get renovations and new names.
PCCP and RPM Living buy a 358-unit Arlington apartment community
A 2021-built North Arlington property near the sports and entertainment district changes hands from its developer to an institutional joint venture.
H&R REIT breakup splits assets among five buyers
GO Residential leads a $4.8B five-way deal that sends apartments, industrial and noncore assets to separate owners.
Vivmark begins trading as largest U.S. apartment REIT
The $70 billion combined company launches Tuesday with a $125 million synergy target over 18 months.
United Hampshire REIT sells Quincy BJ's for $34M
The sale trims leverage to 35.9% and frees cash for debt paydowns and reinvestment.
Swiss landlord Varia hands Brookfield 90% of a $694M portfolio
The deal trims Varia's exposure to older assets and gives Brookfield scale at a 9.5% discount to appraisal.
Judge clears Centre Square sale to PMC, Dean Adler
The $70 million deal prices the 1.8 million-square-foot Philadelphia complex at less than a fifth of its remaining CMBS debt.
Brookfield and CPP take LXP Industrial private for $5 billion
The two institutions buy 108 U.S. industrial properties for $5 billion, a pricing event for the sector.
Belmont apartment building trades at $359,375 a unit
The 16-unit Carlmont Hills trade gives small-balance buyers a fresh San Mateo County comp.