The Milestone Group (Milestone) announces its acquisition of the Axis Delray Beach Apartments, a 488-unit, garden-style multifamily community located at 1495 Spring Harbor Drive in Delray Beach, FL. Milestone paid $111.6 million for the property, about $229,000 a unit. The property, built...
Pine Tree, a Chicago-based commercial real estate firm, has purchased the 460,893-square-foot Kenwood Square shopping center in Cincinnati, Ohio, for $80 million. Positioned in the Kenwood retail corridor near Kenwood Towne Center, one of the top-performing malls in...
Dunleer, a Los Angeles-based private real estate investment and development firm, recently acquired two fully occupied multi-tenant business parks totaling $9.39 million in the Southern California cities of Huntington Beach and Baldwin Park. Both properties were off-market transactions...
Austin’s retail market maintained high occupancy at mid-year 2024 due to strong retail demand and new construction that came online mostly full. Austin posted 96.8 percent occupancy, based on Weitzman’s review of retail market conditions at mid-year 2024....
JLL has hired LaWanda Savage-Henton as its Americas Head of Client Sourcing and Procurement. In this role, she leads all client account operations and drives the Client Sourcing and Procurement platform for Work Dynamics, Project and Development Services...
Marcus & Millichap closed the sale of a SureStay Plus Hotel property located in Minot, North Dakota.“Certain North Dakota markets continue to be highly sought after due to attractive pricing expectations compared with the rest of the nation,”...
Friedman Real Estate’s Bruce Morrison recently completed the sale of a 19,000-square-foot car dealership and service center located at 55800 New Haven Road in Chesterfield, Michigan, listed at $6.9 million. Friedman represented the seller in this transaction. The...
The Jelly Belly plant in North Chicago is set to close in October, with the parent company, Ferrara Candy, planning to move production to a different facility. The closure will impact 66 jobs, and the company aims to...
Kidder Mathews has hired Will Ballowe as a VP in Pleasanton. With nearly a decade of experience, Ballowe specializes in representing office landlords and tenants across San Francisco’s East Bay market. The company said Ballowe has a proven track record assisting...
Brixton Capital has acquired Polo Plaza, a 63,629-square-foot, two-building, mixed-use property in Del Mar. Brixton purchased the property for $18.5 million from Dallas-based Lincoln Property Company and Washington, DC-based ASB Investment Management. Located at 3702 and 3790 Villa...
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