Indianapolis industrial property sells above asking price for $10.3 million
Fully leased warehouse fetches $85 per square foot
Kraftsow Management acquired a fully leased industrial property in Indianapolis for $10.3 million, exceeding the asking price of $10.2 million.
Virginia Beach medical office building sells for potential self-storage conversion
Sifen acquires 22,290-square-foot property for $3.2 million
A local developer has purchased a medical office building in Virginia Beach, Virginia, with plans to redevelop the property into a self-storage facility.
FPA Multifamily acquires Detroit-area apartment community for $32.4 million
Southfield, Michigan, complex sells at 6% cap rate
FPA Multifamily has purchased ReNew at Franklin Hills, a 257-unit apartment community in Southfield, Michigan, from Sherr Development for $32.4 million, representing $126,070 per u...
Phoenix-area office complex sells for $10 million
Buyer plans renovations for Hayden Corporate Center in Scottsdale
A Phoenix-area office complex has sold for more than $10 million, and the new owner plans to make renovations to the property.
Cleveland-area industrial building sells for $1.4 million
Sensical buys manufacturing facility in Solon, Ohio
Sensical purchased an 18,368-square-foot Cleveland-area industrial building from Advanced Roofing Systems for $1.4 million, or about $76 per square foot.
Grand Rapids-area multifamily portfolio sells for $67.5 million
Michigan's Trillium Ventures buys three properties with 440 units
Trillium Ventures acquired a 440-unit multifamily portfolio spanning three properties across the Grand Rapids metropolitan area for $67.5 million, or $153,409 per unit.
Detroit area shopping center sells for $10.7 million
Retail property houses TJ Maxx, Ross, Dollar Tree
Shango Enterprise Group acquired the Dix Toledo Shopping Center in Southgate, Michigan, for $10.7 million from Lormax Stern.
Detroit area industrial building sells for $6.4 million
The space is currently leased to auto parts maker
Rosdev acquired a 114,500-square-foot industrial building in Fraser, Michigan, from Global Net Lease for $6.44 million.
Milwaukee-area apartment building changes owners
Waukesha multifamily property trades for $4.8 million
Maple Ridge Rentals has acquired a 36-unit apartment property in Waukesha, Wisconsin, from Michael R. Roth for $4.77 million.
Stonelake Capital Partners acquires Largo, Florida, industrial building
Tampa-area property fully leased to Iron Mountain
Stonelake Capital Partners purchased a 51,520-square-foot industrial building in Largo, Florida, from The Leser Group for $8 million, or about $154 per square foot.
Lincoln Property acquires Phoenix-area data center for $130 million
Chandler industrial facility to receive significant upgrades for turnkey data center space
Lincoln Property Company purchased a 191,000-square-foot data center in Chandler, Arizona, from CBRE Investment Management for $130 million.
Oklahoma City industrial building sells to tenant
L&W Supply acquires longtime industrial space near Interstate 44
L & W Supply purchased an industrial building in Oklahoma City for $6.5 million, or approximately $139 per square foot, from ESO Properties, a private entity.
Denver-area apartment complex sells for $82 million to investment partnership
Legal & General and Taurus acquire 177-unit property in Golden
Legal & General Investment Management America and Taurus Investment Holdings acquired the Outlook Golden Ridge Apartments in Golden, Colorado, for $81.88 million from Evergreen Dev...
Stockdale Capital Partners acquires luxury Arizona apartments for $110 million
North Scottsdale multifamily property sells in all-cash deal
Los Angeles-based Stockdale Capital Partners purchased The Quincy at Kierland, a 266-unit luxury multifamily community in North Scottsdale, Arizona, from Embrey Partners for $110.2...
Mesa apartment complex sells for nearly $60 million
InTrust Property Group plans rebranding, upgrades for 337-unit community
InTrust Property Group acquired a 337-unit multifamily community at 2343 W. Main St. in Mesa, Arizona, from Sheiner Group/Living Well Homes for $59.6 million.
Indian Wells professional center sells in 1031 exchange
Inland Empire property with 90% occupancy attracts Orange County buyer
A professional office building in the upscale retirement haven of Indian Wells, California, has traded hands. Commercial real estate investment and management firm Circle Vision, b...
Fully leased Connecticut office building changes hands
Investors pick up three-story Fairfield property for $5.2 million
KLO Management acquired a fully leased office building in Fairfield, Connecticut, from Rockwest Real Estate Partners for $5.2 million.
Minneapolis-area Fairfield Inn & Suites sells
129-room Bloomington hotel acquired near Mall of America
A private investor has purchased the Fairfield Inn & Suites Minneapolis in Bloomington for $8,575,000, or about $66,473 per room. The seller was Starwood Capital Group, a private i...
Maricopa Community College District buys Tempe office complex
Former Target Financial Center to house administrative offices for community college district
Maricopa County Community College District purchased a 188,960-square-foot office complex in Tempe, Arizona, from The Widewaters Group for $27 million, or about $143 per square foo...
Elmwood Capital sells warehouse in Portsmouth, Virginia
New owner to operate logistics company out of partially occupied building
A warehouse in Portsmouth, Virginia, sold for $3.3 million to a private individual who plans to operate his company out of a portion of the building.