more_sales_and_leases

Gotham, Brandywine Welcome First Residents to 326-Unit Avira Apartments in Philadelphia

by Taylor Williams September 26, 2023

PHILADELPHIA — A partnership between New York City-based developer The Gotham Organization and locally based REIT Brandywine Realty Trust have begun welcoming the first residents to Avira, a 326-unit multifamily project in Philadelphia. Residences were constructed atop the 570,000-square-foot mixed-use building at 3025 JFK Blvd. within Brandywine’s Schuylkill Yards development. Units come in studio, one-, two- and three-bedroom floor plans and are housed within the building’s top 18 floors. The property also features 29,000 square feet of indoor and outdoor amenity space, 9,000 square feet of retail space, 200,000 square feet of office and life sciences space, 120 structured parking spaces and a 7,500-square-foot park. Rents start at $2,025 per month for a studio apartment.

September 26, 2023

Colorado Multifamily Western

Nexus Commercial Facilitates $4.5M Sale of Apartment Building in Denver

by Nellie Day April 2, 2018

DENVER — Nexus Commercial Real Estate has arranged the sale of Glenview Apartments, a multifamily property located at 16300 R. Colfax Ave. in Denver. Odgen Park Town Homes sold the property to 16300 Colfax Avenue Holdco LLC for $4.5 million. Situated on 1.8 acres, the 31,096-square-foot building features 48 apartment units in a mix of one- and two-bedroom layouts. Jason Koch of Nexus represented the seller and buyer in the deal.

April 2, 2018

Acquisitions Industrial Texas

Admiral Square Sells 41,000 SF Industrial Building in Oklahoma City for $2.2M

by Taylor Williams March 16, 2018

OKLAHOMA CITY — Tulsa-based investment firm Admiral Square Inc. has sold a 41,000-square-foot industrial building located at 4601 SW 36th St. in Oklahoma City. Jason Hammock, Caitlin Mazaheri and John Lenochan of CBRE represented Admiral Square in the sale. Brett Price and Kris Davis of Newmark Grubb Levy Strange Beffort represented the buyer, 857 Traction Avenue LP, which purchased the property for roughly $2.2 million.

March 16, 2018

Leasing Activity Retail Texas

The Silver Group Brokers Sale of 3,900 SF Store in Fort Worth Leased to Jack in the Box

by Taylor Williams March 16, 2018

FORT WORTH, TEXAS — The Silver Group has brokered the sale of a 3,900-square-foot retail property leased to Jack in the Box in Fort Worth. The property is located at 3459 Altamesa Blvd. on the southern outskirts of town. The buyer, seller and sales price were not disclosed.

March 16, 2018

Acquisitions Illinois Midwest Retail

Realty Metrix Brokers $6.8M Sale of Retail Center in Carpentersville, Illinois

by Kristin Harlow March 16, 2018

CARPENTERSVILLE, ILL. — Realty Metrix Commercial has brokered the $6.8 million sale of Spring Hill Market Place in Carpentersville, 40 miles northwest of Chicago. Built in 1990, the 95,259-square-foot retail center is located on Route 31. New tenants at the property include MAACO Collision Repair & Auto Painting, Artistry in Dance and Tyke Play Kids Gym. Other tenants include Big Lots, Southern Belle Pancake House, AutoZone, Firestone, The UPS Store, Sherwin Williams, Fifth Third Bank, Sewing Concepts, Gyradiko’s Restaurant and Salon Anovin. Dave Schmidt and Linda Kost of Realty Metrix represented the buyer, Troy Business Inc. The seller was not disclosed.

March 16, 2018

Leasing Activity Midwest Ohio Retail

Diamonds Direct Opens 7,026 SF Store in Columbus, Ohio

by Kristin Harlow March 16, 2018

COLUMBUS, OHIO — Diamonds Direct has opened a 7,026-square-foot store in Columbus. The direct diamond importer will occupy the space at 1330 Polaris Parkway, formerly home to a T.G.I. Friday’s. Glenn Garland of Colliers International represented the tenant in the lease transaction. The landlord was not disclosed. This is the 15th location for Diamonds Direct, which has a flagship store in Charlotte, N.C.

March 16, 2018

Acquisitions Arizona Multifamily Western

Transwestern Development Sells 290-Unit Multifamily Community in Tempe

by Amy Works March 16, 2018

TEMPE, ARIZ. — Transwestern Development Co., in partnership with FL Lakeside Investor LLC, has completed the disposition of Vela, a multifamily community located at 555 N. College Ave. in Tempe. Los Angeles-based Pacific Development Partners acquired the 290-unit property for an undisclosed price. The property features a resort-style pool with cabanas; a fitness center with touch-screen cardio equipment and free weights; an indoor lounge space overlooking the lake with a catering kitchen, fireplace seating area and television viewing area; an activity courtyard with moveable movie projector, gaming area, fire pits and grilling area; indoor bike storage; and an outdoor covered lounge with kitchen, grilling areas, pool table and television viewing area. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of CBRE represented the seller in the transaction.

March 16, 2018

1136-1140-Westwood-Blvd-Westwood-Village-CA

Acquisitions California Mixed-Use Office Retail Western

CBRE Negotiates $4M Sale of Mixed-Use Property in Westwood Village, California

by Amy Works March 16, 2018

WESTWOOD VILLAGE, CALIF. — CBRE has brokered the sale of a multi-tenant retail and office property located at 1136-1140 Westwood Blvd. in Westwood Village. More LLC acquired the property from a private family trust for approximately $4 million. The two-story building features 6,340 square feet of retail and office space. Current tenants include D’Amores Pizza and a variety of office users. Alex Kozakov, Patrick Wade and Matthew Greenberg of CBRE represented the seller and the buyer in the deal.

March 16, 2018

Acquisitions Colorado Office Western

Pinnacle Real Estate Brokers $1.7M Sale of Office Building in Denver

by Amy Works March 16, 2018

DENVER — Pinnacle Real Estate Advisors has arranged the sale of an office building located at 1423 Race St. in Denver. George Wolf Memorial Trust purchased the property from Dave Chvosta for $1.7 million, or $323 per square foot. The property features 5,338 square feet of office space. Kevin Calame of Pinnacle Real Estate represented the buyer and seller in the deal.

March 16, 2018

Acquisitions Industrial Nevada Western

RealComm Advisors Arranges $1.7M Acquisition of Industrial Property in Las Vegas

by Amy Works March 16, 2018

LAS VEGAS — RealComm Advisors Commercial Real Estate has brokered the acquisition of an industrial property located at 6435 Karms Park Court in Las Vegas. McBeath Holdings LLC purchased the property from an undisclosed seller for $1.7 million. The property features 13,354 square feet of industrial space. Mike De Lew and Greg Pancirov of RealComm Advisors represented the buyer in the transaction.

March 16, 2018

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