Charlotte Warehouse Investor Pays .4M for 4-Building Portfolio

Charlotte Warehouse Investor Pays $41.4M for 4-Building Portfolio

Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million loan for the acquisition. Adler acquired 8041, 8107, 8227 and 8301 Arrowridge... Read more »
Prime Residential Pays M for Miracle Mile Apartments

Prime Residential Pays $51M for Miracle Mile Apartments

Marcus & Millichap closed the sale of Palm Court Apartments, a 132-unit multifamily property in the Miracle Mile neighborhood of Los Angeles. The asset traded for $51.25 million, or $388,258 per unit. “We created a... Read more »
Airbnb Pays .5 Million for Infamous ‘Anna Delvey Building’ in New York City

Airbnb Pays $81.5 Million for Infamous ‘Anna Delvey Building’ in New York City

Short-term rental giant Airbnb has shelled out a whopping $81.5 million for an infamous New York City building that gained widespread attention when scammer Anna Delvey tried to lease it as the... Read more »
BKM Capital Pays M For 11-Building Industrial Park in Carson

BKM Capital Pays $95M For 11-Building Industrial Park in Carson

BKM Capital Partners added another deal to its trail of recent industrial acquisitions, dropping $95 million on an 11-building campus.  The Newport Beach-based investor purchased the Carson Industrial Center at 1000-1124 East... Read more »
BKM Pays M for 11-Building Industrial Campus in LA’s South Bay Submarket

BKM Pays $95M for 11-Building Industrial Campus in LA’s South Bay Submarket

BKM Capital Partners has acquired Carson Industrial Center in Carson for $95 million. The 429,000-square-foot multi-tenant campus sits on more than 20 acres in Los Angeles’ South Bay submarket and was purchased on... Read more »
Downsizing No Longer Pays Off for Some Retirees—So They’re Buying Bigger

Downsizing No Longer Pays Off for Some Retirees—So They’re Buying Bigger

For decades, downsizing was both a practical and financial rite of passage for retirees and empty nesters. Sell the big family home, buy something smaller, pocket the difference, and simplify the next... Read more »
Apple Pays 2M for Sunnyvale Offices It Had Subleased

Apple Pays $162M for Sunnyvale Offices It Had Subleased

Apple has paid $162.2 million for a Sunnyvale office building after signing a sublease for the property last year, the Silicon Valley Business Journal reported. The property at 684 W. Maude Ave. in... Read more »
Strada Pays 3M for Samsara HQ in San Francisco’s Showplace Square

Strada Pays $103M for Samsara HQ in San Francisco’s Showplace Square

Strada Investment Group closed on a deal to purchase wireless networking company Samsara’s headquarters in San Francisco’s Showplace Square. The San Francisco Business Times reported that the $103-million acquisition, which equates to... Read more »
Healthpeak Pays 0M for Two Atlanta-Area Sr. Living Assets

Healthpeak Pays $240M for Two Atlanta-Area Sr. Living Assets

Healthpeak Properties acquired two Cobb County senior living facilities for a combined price of $240 million. The properties are expected to be transferred to the portfolio of Janus Living, a real estate... Read more »
Owner/User Pays M for Compton Warehouse

Owner/User Pays $28M for Compton Warehouse

The Klabin Company/CORFAC International represented CSME Partners LLC in the $28.1-million sale of an 83,527-square-foot industrial building at 1800 S. Anderson Ave. in Compton. The buyer, Yuejie, Inc., will utilize the property for warehouse and distribution services. Nick Buss,... Read more »