The company bought the property at 345 East 64th St. in Lenox Hill from the Parkoff Organization. The 12-story, 60-unit apartment building also includes a leased office portion. Hubb did not divulge its plans for the purchased building.
The company sold the 3.44-acre property at 3975 N.W. 25th St. to Miami-Dade on Jan. 9. The property consists of four warehouse buildings, totaling 77,904 square feet, which were built between 1956 and 1958. The Miami-Dade Aviation Department wants to use the land as a parking and construction staging area for its various capital projects at Miami International Airport.
The firm bought the property at 4500 Western Blvd., which includes a 12-acre site and a 118,000-square-foot retail building. The seller was Jack A. Sneeden, the company that developed the property and has owned it since the late 1960s. CityPlat will spend $5 million on basic cosmetic renovations, including parking and facade work, to boost property value.
The company bought the former Alcoa Research and Development campus in Upper Burrell, which totals 1,395 acres. The buyer plans to redevelop the facility into TECfusions Keystone Connect, a data center. TECfusions bought the property from Arconic and expects to pursue a variety of sustainable practices to make for an efficient operation and reduce emissions.
The company purchased Kings Lake Center, a retail strip center located in Gibsonton, roughly 10 miles outside Tampa. The 15,000-square-foot property was fully leased at the time of sale. The seller was Blissett Hayes Big Bend.
The company acquired the Ridgewood Mobile Home Park in southwest Chapel Hill from Alden Global Capital. The seller bought the residential lot in 2021 for $2.85 million. Ridgewood has 60 homesites on 21.63 acres and was developed in 1990. It is 91% occupied and tenants own their manufactured home and lease the land from the owner.
Following the sale, the Winter Haven, Fla.-based bank will lease back the branches under 15-year triple net lease agreements, with options for renewal. The branches are located in Ala., Fla., Ga., N.C., S.C. and Va. and the lender doesn't plan to shut down any branches. SouthState plans to use the proceeds for general corporate purposes and expects to earn additional interest income. Additionally, SouthState received Federal Reserve approval to acquire Independent Bank Group, a deal valued at around $2 billion, which will expand its branch network to 343 locations.
Mia at 25th Street, a subsidiary of Prologis, sold the 3,44-acre property, which contains four warehouse buildings, at 3975 N.W. 25th St. The warehouses were built between 1956 and 1958 and total 77,904 square feet. The Miami-Dade Aviation Department wants to use the land as a parking and construction staging area for the Miami International Airport, and plans to demolish the warehouses within six months. The property has four tenants, who were notified their leases would not be renewed.
An affiliate of SunLife Financial sold the Woburn shopping plaza, known as MetroNorth Shopping Center. Tenants of the 38,000-square-foot property include Petco, the Vitamin Shoppe and Starbucks.
The Jack A. Sneeden Corp. sold the former Kmart property at 4500 Western Blvd. to the real estate investment firm. Located on a 12-acre site, the 118,000-square-foot building was developed by the previous owner, who owned it since the 1960s. CityPlat plans to do $5 million in cosmetic renovations, including parking and facade work, and will divide the property into separate retail spaces.
Macy's sold the land, containing one of its soon-to-close stores, to the county. The county now owns 39 of Security Square Mall's 88 acres. The retailer will lease the store from Baltimore until its closure in Mar. The mall is owned by CityView Commercial and other owners within the mall include a nondenominational church and a self-storage company.
The Pintchik family sold a 26-building portfolio of mixed-use properties, consisting of small to mid-sized buildings, to Flatiron Realty. The portfolio covers buildings in the Prospect Heights area, spanning 115,000 square feet overall with 28 retail stores and 84 residential units. Flatiron Realty plans to operate the buildings largely as is, though will likely renovate some to boost their values.
Boos Development purchased a portion of Big Cat Rescue's property, located at 2802 Easy St. in Tampa, to make way for the development of 280 townhouses on 56 acres. Big Cat plans to sell its remaining acreage to Boos, which the buyer says will lead to over 500 housing units being added overall to the former sanctuary site over the next few years. Big Cat Rescue will move their animals to a larger sanctuary in Arkansas.
Tate, a manufacturer and installer of flooring, sold its U.S. company headquarters to Gaulin. The 121,211 square foot warehouse is located at 7510 Montevideo Rd. in Jessup, Md. Tate also signed a short-term leaseback, which it says is temporary as it finalizes its next headquarters' location.
A JV between IPA Capital Markets and Green Harbor Capital secured $18 million in financing for the $32 million acquisition of a 31-story office building located at 121 W. Trade St. in Charlotte. The property totals 334,368 rentable square feet and includes floor-level retail amenities. The property also boasts a common building wellness room and podcast studio, a tenant hub with a training room, conference room, lounge and recently renovated common areas.
The grocer bought two parcels in Charlotte from Northwood Investors, where it plans to build a physical location. Wegmans plans to build a 110,000-square-foot store along North Community Rd., with plans to open it in Q3 2026. The Wegmans store is part of Northwood Investor's $1 billion-plus Ballantyne Reimagined project.
The company acquired Winter Haven Citi Centre in Winter Haven. The shopping center runs 185,705 square feet and is 51% leased. The seller was undisclosed.
The real estate broker bought the 52 Plaza Shopping Center at 1022-1050 Bethania Rural Hall Rd. in Winston-Salem from J.G. Messick and Sons. The 63,200-square-foot shopping center was built in 1983 and sits on 12.38 acres. This is Hubbard's second shopping center purchase in the Winston-Salem area.
The car dealership purchased the former Knights Inn motel at 1970 Niagara Falls Blvd., Tonawanda. The seller was Pratham, which owned the motel since 2006. Northtown Automotive says it has no short-term plan for the Knights Inn, calling the purchase a "long-term strategic play" to acquire parcels near its dealerships for potential future growth.
The firm sold Two Park Ave., a 1 million-square-foot office building located in Manhattan's Murray Hill neighborhood. The 29-story building was constructed in the 1920s and features an outdoor terrace, a ground-floor lobby and conference center and bike parking space. The buyer was Haddad Brands, who plans to occupy a portion of the property and lease the site's remaining vacant space.
Rockpoint Group will use the loan to refinance The Wimbledon, a 214-unit apartment complex located at 200 E. 82nd St. on Manhattan's Upper East Side. The pet-friendly property offers one-, two- and three-bedroom units and includes 8,590 square feet of commercial space. Amenities at the building include a fitness center, outdoor theater, children's playroom, package lockers and outdoor dining space.
The company split with its 110,000-square-foot property at 24 West 57th St., selling it to 2457 Acquisition. The site currently contains two office buildings with ground-floor retail space. The site was nearly foreclosed on last year by Wells Fargo before APF landed a loan from Extell Development to keep it afloat.
The loan is for the refinancing of Castleton Commerce Center, a 470,618-net-rentable-square-foot flex storage complex in Virginia Beach, Va. Cohen purchased the property in 2021 from Prime Group Holdings for $58.8 million. Located at 2424 Castleton Commerce Way, the complex features 142,843 square feet of self storage units, as well as 327,775 square feet of warehouse storage.
A JV between Legacy Real Estate Advisors and Summit Financial picked up 19 acres at 601 W. Summit Ave. The seller was Electrolux, which acquired the site for $1.78 million in 2002. The site, located in Charlotte's Wilmore neighborhood, is zoned for industrial use, but the buyers plan to petition Charlotte to get it reclassified to allow for an activity center.
A JV between HB Prichard Road and Brookwood Capital Partners bought the facility to house Daimler Truck, a commercial vehicle manufacturer. The buyers said Daimler will use the facility to modify imported vehicles for the American market. The property is located at 7215 Jones Branch Cir. and the buyers plan to modify the facility to add 8 bus bays, a wash bay and office space and a 1,848-square-foot maintenance building.
The developer bought the roughly 25-acre site off West Hudson Blvd. from Usmani Holdings. Plans for the site include developing a 252-unit building on the site, located at 680 Lynhaven Dr. The build is called The Lofts at Hudson, but Wynnefield did not confirm details.
The firm sold 55 Riverwalk Place, a 348-unit multifamily community in West New York, N.J., to Aker Cos. and an unnamed partner. Completed in 2006, 55 Riverwalk Place comprises studio, one-, two- and three-bedroom units. Common-area amenities include a swimming pool, a fitness center, a business center, a spa, a media room, a clubhouse, controlled access and 300 parking spaces.
A JV between Katan Realty Group and Kohan Retail Investment Group acquired 345 Seventh Ave. The buyers plan to convert the 190,000-square-foot office building into a residential complex. Benefit Street Partners was the seller of the 1928-constructed office building.
Kushner Cos. sold its portfolio of four multifamily properties to an undisclosed buyer. The properties are collectively known as the Westwood Multihousing Portfolio and includes Coventry Square, Stanford Court, The Madison Apartments and Village on the Green. All properties were built between 1979 and 1987 and offer one- and two-bedroom units and amenities such as pools, fitness centers and dog parks.
The firm bought Enclave at Rivergate, a 216-unit apartment complex at 12400 Toscana Way, from Mesirow. The property was built in 2009 and it has one-, two- and three-bedroom units. Mesirow acquired Enclave for $37 million in 2018 and renovated the property before selling.
The housing agency bought the Dane, a 17-story, 233-unit building at 2201 Bryn Mawr Ave. Cross Properties was the seller. Philadelphia Housing Authority says the purchase is part of a larger strategy to acquire about 2,000 units throughout Philadelphia by the end of March 2026.
The company acquired Eagle Plaza, a 230,000-square-foot shopping center in Voorhees Township, N.J. The seller was undisclosed. The shopping center was leased to 40 retailers and restaurants at the time of sale.
A JV between Winstanley Enterprises and Surrey Equities purchased Chelmsford Mall from an undisclosed seller. The mall was fully released at the time of sale. The JV plans to make upgrades to the property's exterior painting, parking lot, landscaping and signage.
Tate sold its U.S. company headquarters, a 121,211 square foot warehouse building located at 7510 Montevideo Rd. in Jessup, Md. Gaulin Properties did not divulge its plans for the building. Situated on a 10-acre site, the building includes a two-story office component with space for storage and parking.
Ventas bought the office building at 6101 Quadrangle Dr. but did not divulge its plans for the property. Alexandria acquired the property in 2008 for $4.8 million. UNC Health is the sole tenant of the 31,542-square-foot building, which was built in 1986.
The company bought Village Square Apartments at 5403 Main St. from RAHF IV Village Square. The five-story Village Square has 100 federally-assisted, income-based one-bedroom apartments and features a lobby lounge, balconies with every unit and a community room with a kitchen.
The company purchased The Markets at Town Center, a 254,000-square-foot retail center in Jacksonville, Fla. Big V Property Group sold the nine-building asset, which last traded for 2021, when Hines Interests sold it for $93 million. The open-air shopping center was built in 2008 and was 97% leased at the time of the sale.
The company parted with its warehouse property at 1401 Okie St. NE, the historic Equitable Co-Operative Building Association property at 915 F St. NW and a vacant 16-acre parcel near the National Arboretum. American Armed Forces Mutual Aid Association was the buyer. The seller renovated and revamped the properties at 1401 Okie St. NE and 915 F St. NW to include retail components before selling to make each more attractive to buyers.
The trust purchased the 104,000-square-foot industrial building from SunCap Property Group. Located at 9111 Cheetos Cir., the property serves as a Frito-Lay distribution center and was built in Q4 2024. GTJ REIT said having a national tenant like Frito-Lay was part of the reason why it scooped up the site.
The city paid $34 million for a 15-acre property adjacent its Packer Avenue Marine Terminal as it aims to expand its cargo capacity. Republic Services was the seller of the property, which holds a trash transfer facility, at 2904 S. Christopher Columbus Blvd. The port aims to triple its container capacity over the next 15 years.
The company bought the roughly 11-acre York Ridge Shopping Center property from PMT Partners V. It last sold for $8.1 million in 2001. The 71,406-square-foot center was built in 1999, is located at 11112 S. Tryon St. and is 100% occupied.
The credit union sold three former properties, including a 32,445-square-foot office building at 701 Riverside Park Pl. and two other offices at 8101 Normandy Blvd. and 9730 Hutchinson Park Dr. The Riverside location sold for $6 million to Inveniem Viam Holdings and Publix Employees Federal Credit Union purchased the other two properties for $4.2 million.
DSF of NC Inc. purchased the Price Place Shopping Center located at 4610-4626 W. Market St. The Price Place Shopping Center is a fully leased, 75,515 square-foot center with 19 tenants. The retail center was built in 1980.
The homebuilder purchased the office building from Dominion Realty Partners, which bought it for $8.75 million in 2015. The Class A office building at 2635 Meridian PKWY. is 30% occupied. D.R. Horton purchased the 61,535-square-foot building as an owner-occupier and plans to lease out any remaining space.
The company scooped up Parker Beach Lodge from Lark Hotels. Lark has owned the 50-room hotel since 2021. Parker Street Lodge is located at 192 South Shore Dr. and was last sold in 2020 for $1.5 million.
The company bought the 25-acre site off West Hudson Blvd. from Usmani Holdings. Wynnefield Properties plans to develop a residential complex on the site, which is vacant and located at 680 Lynhaven Dr.
The company sold Nexton Square in Summerville, S.C., and Market at The Mill Creek in Mount Pleasant, S.C. to an undisclosed buyer. Completed in 2020 and located at 101 Nexton Square Dr., the 133,608-square-foot Nexton Square encompasses 13 buildings on some 16 acres. The 80,000-square-foot Market at Mill Creek, built in 2018, includes three buildings and is located at 2100 Highway 41.
A JV between Donaldson Impact Investments and Affordable Homes & Communities acquired the 312-unit Country Place Apartments in Burtonsville, Md. The JV will designate 172 of the units as affordable housing, with 164 of those units restricted for tenants earning up to 60% of the area median income. The seller was Polinger Company.
The company bought the 12-story property at 313-319 East 17th St. from Mount Sinai Beth Israel. The property was formerly the Beth Israel Medical Center. Joyland plans to convert the building into a residential complex.
The firm acquired the 62,748-square-foot office at 1680 Meridian Ave. from Market Street Real Estate Partners. The office last sold for $23 million in 2015. The six-story building was built on the 11,250-square-foot lot in 1957.
A JV between Newman Properties and Atlantic Capital Investment bought the Harwich East Plaza shopping center in Cape Cod. The property includes several restaurants, a liquor store, convenience store, a fitness studio, paint store and others. The plaza, built in 1988, was sold by Linear Retail.
The former Embassy Suites Inner Harbor Hotel at 222 St. Paul Place was sold to 222 St. Paul Place Owner. Urban Investment Partners acquired 222 St. Paul Place in 2021 for nearly $18.4 million with plans to renovate the property and re-open it, but those plans eventually fell through due to a lack of funding. The buyer is expected to convert the former hotel into an apartment complex.
The company purchased the property at 1361 Abbott Rd. from Quick Service Realco. The property houses a Taco Bell restaurant, who has a 20-year lease. The restaurant opened in 2024 following the site being vacant since 2013.
A JV between Easton Group and TA Realty acquired the 267,601-square-foot facility Northwest Dade Logistics Center II for $58.3 million and the Badia Distribution warehouse for $26.2 million. The 267,601-square-foot Northwest Dade Logistics Center II is located at 10165 Northwest 142nd St. in Trenton Fla. and the 93,860-square-foot Badia Distribution is located at 9880 Northwest 25th Street in Doral, Fla. The seller was undisclosed.
Williams Equities acquired the Midtown South office building at 470 Park Ave. S. from a JV between SJP Properties and PGIM Real Estate. The JV paid $245 million for the property in 2018. The property consists of a 12-story North Tower and an 18-story South Tower, along with ground-floor retail and amenities such as outdoor workspaces, dining and recreational areas.
RJ Block has purchased Morris Court from an unnamed limited liability company. The complex consists of two buildings, 253 E. 142nd St. and 250 E. 144th St., both constructed in 2014. Both buildings stand 7 stories tall and have 201 apartments, three commercial units and 120 parking spots totaling about 268,000 square feet. The complex also includes a commercial tenant, Dollar Tree.
The property manager bought Maris Pointe, a 30-building complex at 5800 Dolphin Dr. from PGIM Real Estate. The property last traded hands in 2018 for $46.7 million. Maris Pointe was built in 1984, but was extensively renovated, and is located near the Orlando International Airport.
The bank sold the 127,000-square-foot Radnor Court building, located at 259 N. Radnor Chester Road in Wayne, Pa. The buyer was Freedom Mortgage, who bought it for $285 per square foot. Goldman Sachs bought the 82%-leased Radnor Court in 2014 from Equus Capital Partners for $43.7 million. The building serves is the corporate headquarters for Airgas, who has a ten-year lease on the building.
The firm bought Four Coliseum Centre, a 195,000-square-foot building, from Griffin Capital. The seller acquired the building for $39.2 million on May 2013. Coliseum Centre is a six-building office park built in the mid-1990s and is fully leased.
The company bought the 13-acre development parcel, located in Midlothian, from an undisclosed seller. SJC Ventures plans to develop Midlothian Depot, a mixed-use project that will include a specialty grocer, retail and restaurant space, residential units, multi-modal pathways, green spaces and a dog park. Site work will begin in fall 2025.