Goodwill Industries International has paid $19.75 million, or $179/sf, for the 110,330-square-foot office building at 761 Wheaton St. in Savannah, Ga. The five-story building was purchased from an investor group led by Margaret Bowen of Alpharetta, Ga., which...

Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St. in Chicago through a deed in lieu of foreclosure. The venture previously purchased...

Dwight Mortgage Trust has provided $183 million of financing for the construction of a 530-unit apartment property in the northern California city of Gilroy. The loan is the largest construction loan ever originated by the company, the mortgage...

Philadelphia Inquirer The proposed sale of the 1.76 million-square-foot office building at 1500 Market St. in downtown, or Center City Philadelphia, evidently has fallen apart. The 37-story building, commonly referred to as Centre Square, backs a $368 million...

Commercial Real Estate Direct Staff Report The 2.78 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million. It marks the third time the 83-story building - the third tallest in the...

Commercial Real Estate Direct Staff Report The 12-story mixed-use building at 250 Livingston St. in Brooklyn, N.Y., has been reappraised at a value of only $23.1 million, contributing to Morningstar DBRS' downgrade of five principal-paying classes of one...

Four Mile Capital, in partnership with Midloch Investment Partners, has paid $38.25 million, or $180,424/unit, for the 212-unit Frontgate Apartments in Louisville, Ky. Four Mile, of Louisville, Colo., and Midloch, of Chicago, acquired the property from an affiliate...

Pacific Life Insurance Co. has provided $124.6 million of financing against the 363-unit Arthur on Aberdeen apartment property in Chicago's Fulton Market neighborhood. JLL Capital Markets arranged the three-year loan on behalf of the two-year-old property's developer and...

OakNorth Bank has provided $50 million of mortgage financing to fund Onward Investors' purchase and repositioning of three office buildings within the Coliseum Centre office complex in Charlotte, N.C. As reported, the Minnetonka, Minn., investor purchased the three buildings—Three,...

A San Francisco investor group comprised of Prado Group and Presidio Bay Ventures, which had come close to sewing up a deal to buy the beleaguered San Francisco Centre shopping mall, will not be buying the 1.45 million-square-foot...

Nashville Business Journal Shorenstein Investment Advisors has paid $146.5 million, or $634.20/sf, for the Moore Building, a 231,000-square-foot office building in Nashville, Tenn. The San Francisco investor purchased the 15-story property from a venture of Portman Holdings of...

Jacksonville Business Journal G3 Enterprises has paid $37.39 million, or $103/sf, for a 363,000-square-foot warehouse at 12751 Gran Bay Parkway in Jacksonville, Fla. The Modesto, Calif., company acquired the industrial building from Redfearn Capital of Delray Beach, Fla.,...

Commercial Real Estate Direct Staff Report An affiliate of Golden Horizon Enterprises has paid $112.5 million, or $336,826/unit, for Bungalows at Camelback, a 334-unit apartment property in Phoenix. The purchase was first reported by the Phoenix Business Journal....

Crain's Chicago Business RPM Living has paid $125 million, or $385,802/unit, for SoNo East, a 324-unit apartment property in Chicago's Goose Island neighborhood. The Austin, Texas, investor acquired the property, at 840 West Blackhawk St., from PGIM Real...

Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn., has been reappraised at a value of $45.3 million. The latest appraisal, which was highlighted this morning in...

InvenTrust Properties has paid $34 million, or $201.18/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, N.C. The Downers Grove, Ill., REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va., which had bought...

South Florida Business Journal A venture of Intalex, Itero Investments, and Greenwall has bought The Ponce, a 365,000-square-foot office complex in the Miami suburb of Coral Gables, Fla., for $97.8 million, or $267.95/sf. An affiliate of PGIM Real...

Commercial Real Estate Direct Staff Report The $37.5 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default. The loan, securitized through BANK, 2018-BN13, pays a fixed rate...

The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 1.1 million-square-foot office building in Dallas. Cushman & Wakefield has been tapped to market the...

South Florida Business Journal Waste Connections has paid $51 million for an 11.9-acre industrial outdoor storage facility at 17707 NW Miami Court in Miami Gardens, Fla. The Woodlands, Texas, waste management company purchased the site through its Waterway...

Commercial Real Estate Direct Staff Report Nitya Capital has paid $41 million, or $149,635/unit, for Tides on McDowell, a 274-unit apartment property in Phoenix. The Houston investment firm acquired the property from Tides Equities, which bought it in 2021...

Boston Business Journal A venture of Lincoln Property Co. and investors advised by JPMorgan Asset Management has bought The Edge, a 962,000-square-foot office complex in Wakefield, Mass., for $61 million, or $63.41/sf. Hobbs Brook Real Estate of Waltham,...

It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold. The 856,428-square-foot shopping center had been expected to sell for $13.1 million to the city of West Des Moines, which...

Commercial Observer Delshah Capital has paid $127.8 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, N.Y., in separate deals. The New York real estate developer paid $45.8 million for 227 Grand St.,...

Atlanta Business Chronicle Trinity Property Consultants has paid more than $53 million, or $176,667/unit, for The Eva, a 300-unit apartment complex in Atlanta's Sandy Springs area. The Irvine, Calif., multifamily property owner purchased the property from an affiliate...