BXP Inc. has leased another 230,000 square feet at its recently redeveloped 360 Park Ave. South building in Manhattan's Midtown South area. The Boston REIT purchased the 113-year-old structure in 2021 through a venture with two partners for...

San Antonio Business Journal Sunrise Realty Trust and Southern Realty Trust have taken title to the Thompson San Antonio - Riverwalk hotel in San Antonio, according to Bexar County, Texas, records. The property serves as collateral for about...

Commercial Real Estate Direct Staff Report LNR Partners, which early last year took title to the 27,541 square feet of retail space on the two bottom floors of the Atrium Condominiums in Manhattan's West Village, has sold the...

Commercial Real Estate Direct Staff Report A venture of Glencrest Group and Sky Alps Capital has paid $29.85 million, or $192,580/unit, for Cedar Square, a 155-unit apartment property in Beaverton, Ore., a western suburb of Portland, Ore. Glencrest...

The Real Deal East West Bank has paid $98 million, or $362.96/sf, for Western Asset Plaza, a 270,000-square-foot office property in Pasadena, Calif. The bank acquired the property, at 385 East Colorado Blvd., from Irvine Co., which bought...

Commercial Real Estate Direct Staff Report LDK Ventures has paid $37.57 million, or $113.29/sf, for the 331,632-square-foot Reno Distribution Center in Reno, Nev. The Sacramento, Calif., investor acquired the industrial property, at 4910 Longley Lane, from GPR Ventures,...

A venture of Slate Property Group and Avenue Realty Capital has paid $32 million, or $2 million/unit, for the 16-unit apartment property at 45 White St. in the Tribeca section of Manhattan. The venture acquired the property from...

Triangle Business Journal Vigilant Holdings Real Estate has bought the 262,400-square-foot Press building in Cary, N.C., for $58.3 million, or $222.18/sf. The New York company purchased the two-story flex lab and office property from Alloy Properties, a Dallas-based...

Commercial Real Estate Direct Staff Report The Simon Property Group venture that owns the Penn Square Mall in Oklahoma City has negotiated a two-year extension of the property's $310 million CMBS loan through January 2028. The loan, scattered...

Crain's Chicago Business Cedar Street is offering for sale two apartment properties with 522 units in Chicago. The local developer hired Berkadia to market the 342-unit Draper Apartments, at 5050 North Broadway, along with the Sally, with 180...

Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc. has lined up $425 million of mortgage financing against a portfolio of 12 of its enclosed shopping malls and one open-air center. The Chattanooga, Tenn., REIT is...

Commercial Real Estate Direct Staff Report Cousins Properties Inc. recorded 2.1 million square feet of leasing last year, marking the office REIT's best year since 2019. The Atlanta company has benefited from the corporate migration to the Sunbelt...

Commercial Real Estate Direct Staff Report An investor group led by Eagle Partners has paid $162.5 million for two neighboring age-restricted apartment properties with 551 units in Escondido, Calif., a northern suburb of San Diego. Eagle Partners, of...

Commercial Real Estate Direct Staff Report Realty Income Corp., which launched its debut commingled fund last year, has raised $1.5 billion from more than 40 investors for the open-ended vehicle, Realty Income U.S. Core Plus Fund LP. The...

Savills PLC has struck a deal to buy Eastdil Secured in a deal valued at $1.11 billion, giving it deep capital markets expertise in the United States and creating an institutional real estate advisory powerhouse. Savills, of London,...

Crain's Chicago Business Waterton has paid $85 million, or $431,472/unit, for Flair Tower, a 197-unit apartment property in Chicago's River North neighborhood. The local investor acquired the 26-story property from General Investment & Development, or GID, which bought...

The Real Deal Generation Essential Group has paid $69 million, or $456,953/room, for the 151-room Tribeca Hilton Garden Inn hotel in Manhattan. The subsidiary of French Media company AMTD Digital acquired the property from a venture of Hersha...

Northwell Health Inc. has agreed to pay $235.5 million, or $696.74/sf, for the vacant 338,000-square-foot Rego Park I retail property in Queens, N.Y. The healthcare company, the largest in New York State, is buying the property from Alexander's...

Commercial Real Estate Direct Staff Report The owner of the 2.78 million-square-foot Aon Center office property in downtown Chicago has indicated it won't be able to retire the property's $536 million loan at its maturity this summer. As...

Truist Bank has provided $68.25 million of financing against the 269-unit Millyard at Meadow Commons apartment property in Newington, Conn., about 10 miles south of Hartford, Conn. The five-year loan, which pays a fixed rate, was arranged by...

JLL Real Estate Capital has provided $125.54 million of Freddie Mac financing against the 244-unit Union Channel apartment property in the Gowanus section of Brooklyn, N.Y.The five-story property was developed last year at 240 Third Ave., the site...

Yuejie Inc. has paid $28.18 million, or $337.49/sf, for the 83,500-square-foot industrial property at 1800 South Anderson Ave. in Compton, Calif. The freight forwarding company, represented by Kidder Mathews, acquired the building from CSME Partners LLC, which was...

Ramsfield Hospitality Finance has provided $33.6 million of mortgage financing against the 175-room Hyatt Place Atlanta/Centennial Park in downtown Atlanta. The loan allows the property's developer and owner, a venture of Songy Highroads of Atlanta and Hyatt Hotels...

Houston Business Journal Fidelis Realty Partners has purchased Baybrook Village, a 278,842-square-foot shopping center in Webster, Texas. The Bellaire, Texas, company purchased the retail property from a venture of O'Connor Capital Partners and Wafra Inc., both of New...

Minneapolis/St. Paul Business Journal An affiliate of LaSalle Investment Management has paid $59 million for two age-restricted apartment properties with a combined 299 units in suburban Minneapolis. The Chicago investment manager acquired the properties from an affiliate of...