Florida
Santa Clara Office Asset Trades for $30M
Florida-based Consolidated-Tomoka Land Co. acquired a roughly 76,000-square-foot office building in Santa Clara, CA from Hopkins, MN-based CarVal Investors for… Read more
Construction to Start on $200M Griffin Farms
Unicorp National Developments Inc. is readying its shovels to break ground on Griffin Farms at Midtown, a $200 million, mixed-use… Read more
Drive-Through Grocer Plans Houston-Area Location
Farm Stores, a chain of drive-through grocery stores headquartered in Florida, plans to open its first out-of-state store in the… Read more
Local Amherst Holdings Unloads Housing Portfolio for $652M
Amherst Holdings LLC, headquartered in Austin, TX has sold a huge portfolio of 4,262 single-family rental homes to Altisource Residential… Read more
Avanath Pays $85M for Workforce Housing
Avanath Capital Management expanded its workforce housing portfolio by acquiring the 34-unit Harbour Pointe in Fort Lauderdale, FL for approximately… Read more
Want a Suburban Building? ITT Tech Campuses for Sale
Buildings that once contained ITT Technical Institutes’ classrooms and labs are on the market. The move comes a few weeks… Read more
CoreLogic: Hurricane Matthew RE Damage Estimated Between $4B-$6B
Cost estimates of real estate damage to the southeast United States in the path of Hurricane Matthew could amount to… Read more
Cortland Partners Obtains $469 Refi, Backed by 4,871 Units
Walker & Dunlop Inc., working on behalf of Cortland Partners, originated a total of $469 million portfolio refinance loans, backed… Read more
Liberty Property, Workplace Property Close on $969M Sale
Liberty Property Trust closed on the sale of 108 properties, totaling approximately 7.6 million square feet. Buyer Workplace Property Trust… Read more
Canadian REIT Picks up 374-Room Portfolio for $47M
American Hotel Income Properties REIT LP picked up a four-property, 374-room select-service hotel portfolio for $47 million. The properties, located… Read more
Owners of 515K-SF Shops at Sunset Place Unveil Plans
Partners Federal Realty Investment Trust, Grass River Property and Comras Co. have released new plans for the 515,000-square-foot Shops at… Read more
Despite Oil Slump, Apartment Investors Like Houston
Opportunistic apartment buyers are coming to Houston in search of good deals. According to Todd Marix with HFF, many of… Read more
PAS Cargo Takes Down 88K SF in Hialeah Gardens, FL
PAS Cargo USA Inc. struck a deal with landlord Bridge Development Partners LLC to take 88,364 square feet at Bridge… Read more
Greystone Sets Up $45M to Fund Tampa Buy
Greystone provided a $45 million bridge loan to help Illan Investments acquire the 444-unit Tampa Woods Apartments in Tampa, FL.… Read more
Gladstone Pays $24M for Citrix Fort Lauderdale Office
Gladstone Commercial Corp. bought a five-story, 119,224-square-foot office building in Fort Lauderdale, FL for $23.9 million. Citrix occupies the entire… Read more
Blackstone Pays $250M for Miami’s Flagler Station Stake
Blackstone acquired a 50% stake interest in Flagler Station, a Miami, FL industrial and office park owned by AEW. Blackstone… Read more
One Front Street Goes to Paramount for $521M
New York-based Paramount Group, Inc. agreed to acquire One Front Street, a 38-story 651,000-square-foot office building located in San Francisco’s… Read more
Ground Breaks on Orlando’s 350-Unit Modera Central
Developer Mill Creek Residential launched construction on the 350-unit Modera by Mill Creek, Central. The multifamily project with a retail… Read more
Miami’s Datran Center Trades for $150M
ABS Partners Real Estate and Acre Valley Real Estate Capital LLC joined forces to acquire the two-tower, 500,000-square-foot Datran Center… Read more