more_sales_and_leases

SRSA Commercial Brokers $17M Sale of Shopping Center in Metro New Orleans

by John Nelson January 27, 2017

MANDEVILLE, LA. — SRSA Commercial Real Estate has brokered the $17 million sale of Northlake Shopping Center, a 166,371-square-foot retail center in Mandeville, situated on the north shore of Lake Pontchartrain across from New Orleans. Northlake’s tenant roster includes The Fresh Market, Office Depot, Stage, Gordon’s of Mandeville and PetSmart. Steven Reisig and Kirsten Early of SRSA Commercial represented the buyer, Epic Real Estate Partners, in the transaction. Epic has retained SRSA Gulf South Management, a division of SRSA, to manage and lease the center.

January 27, 2017

Multifamily Texas

Marcus & Millichap Brokers Sale of 76-Unit Apartment Building in Garland

by Amy Works January 27, 2017

GARLAND, TEXAS — Marcus & Millichap has arranged the sale of Oaks Branch, a multifamily building located at 1004 Castleglen Drive in Garland. Oaks Branch features 76 units in a mix of two- and three-bedroom apartment layouts and two-story townhouse-style units. Nick Fluellen and Bard Hoover of Marcus & Millichap represented the seller, a limited liability company, and procured the buyer, also a limited liability company, in the deal. The acquisition price was not released.

January 27, 2017

Industrial Office Texas

NAI Robert Lynn Arranges Three Property Sales Totaling 55,742 SF in Dallas, Fort Worth

by Amy Works January 27, 2017

DALLAS AND FORT WORTH, TEXAS — NAI Robert Lynn has brokered three separate sale transactions totaling 55,742 square feet of office and industrial space in Dallas and Fort Worth. In the first deal, 2408 Converse Street LP acquired 7,225 square feet of office and warehouse space at 1351 Crampton St. in Dallas. Robert Blankinshop of NAI Robert Lynn represented the undisclosed seller in the transaction. In the second transaction, Cantwell Industries purchased a 22,017-square-foot office building located at 2729 E. Loop 820 in Fort Worth. Todd Hubbard of NAI Robert Lynn represented the buyer, while Todd Hawpe of Transwestern represented the undisclosed seller. In the third transaction, Purchasing Solutions International acquired a 3,696-square-foot office building located at 1824 Eighth Ave. in Fort Worth. Colt Power of NAI Robert Lynn represented the buyer, while David Cason of Holt Lunsford represented the undisclosed seller in the deal.

January 27, 2017

New York Northeast Office

SL Green Sells 180,000 SF Office Property in Tarrytown, New York, for $21M

by Amy Works January 27, 2017

TARRYTOWN, N.Y. — SL Green Realty Corp. has entered into an agreement to sell an office building located at 520 White Plains Road in Tarrytown. An undisclosed buyer will purchase the 180,000-square-foot building for $21 million, or $117 per square foot. Jeff Dunne of CBRE represented the buyer in the deal, which is expected to close during the second quarter.

January 27, 2017

Industrial New York Northeast

Coldwell Banker Facilitates $11M Sale of Industrial Property in Brooklyn

by Amy Works January 26, 2017

NEW YORK CITY — Coldwell Banker Commercial Reliable Real Estate has arranged the sale of an industrial property located between Schenk Avenue and Barbey Street in Brooklyn. An undisclosed buyer acquired the 76,000-square-foot property for $11 million. Built in 1914, the property features five buildings and two vacant parking lots. Joseph Hamdan and Mary Kae Higgins of Coldwell Banker Commercial Reliable Real Estate represented the undisclosed seller in the deal.

January 26, 2017

New York Northeast Retail

Alpha Realty Negotiates $6.2M Sale of Retail Property in Brooklyn

by Amy Works January 26, 2017

NEW YORK CITY — Alpha Realty has brokered the sale of a retail property located at 6214 11th Ave. in Brooklyn’s Borough Park section. An undisclosed buyer acquired the property for $6.2 million. The 6,000-square-foot property features eight commercial units. Additionally, the acquisition included a vacant lot with 11,000 square feet of buildable space. Glenn Raff and Lev Mavashev of Alpha Realty represented the undisclosed seller, while Jacob Aranov, also of Alpha Realty, represented the buyer.

January 26, 2017

Multifamily Northeast Vermont

Nedde Real Estate Arranges Acquisition of 12-Unit Apartment Building in Colchester, Vermont

by Amy Works January 26, 2017

COLCHESTER, VT. — Nedde Real Estate has brokered the purchase of a multifamily property located at 961-967 Mill Pond Road in Colchester. Jeff Peck of Peck Investment Properties acquired the 12-unit apartment building from RMPR LLC for an undisclosed price. Grant Butterfield of Nedde Real Estate represented the buyer, while Steve Donahue of Donahue & Associates represented the seller in the transaction.

January 26, 2017

Multifamily Texas

180 Multifamily Capital Acquires 262-Unit Apartment Complex in Arlington

by Amy Works January 26, 2017

ARLINGTON, TEXAS — Arlington-based 180 Multifamily Capital LLC has acquired Collins Park, an apartment community located in Arlington, for an undisclosed price. Renamed Las Palmas, the property features 262 residential units. The buyer has started a full exterior and interior renovation on the property. The name of the seller was not released.

January 26, 2017

Mixed-Use Multifamily Retail Texas

EDGE Capital Negotiates Acquisition of 38,549 SF Mixed-Use Building in Houston

by Amy Works January 26, 2017

HOUSTON — EDGE Capital Markets has brokered the acquisition of Art Square Center, a mixed-use building located at 4118 Fannin St. in Houston. Kline Ventures acquired the 38,549-square-foot property from Fannin VP for an undisclosed price. The building features a mix of retail, studio and residential space. Josh Jacobs and Burdette Huffman of EDGE Capital Markets represented the buyer in the transaction.

January 26, 2017

Industrial Texas

Lykes Cartage Leases 27,062 SF of Industrial Space in Metro Dallas

by Amy Works January 26, 2017

GRAPEVINE, TEXAS — Lykes Cartage Co., a shipping and delivery company, has leased 27,062 square feet of distribution and warehouse space within DFW Global Logistics Centre, located at 1200 Mustang Drive in Grapevine. Susan Singer of Bradford Commercial Real Estate Services and Russell Todd of Centric Commercial represented the tenant, while Steve Koldyke and Kacy Jones of CBRE represented the landlord, LIT Industrial LP, in the transaction.

January 26, 2017

Newer Posts

Older Posts

Upcoming Events

May
07