The company sold the Westin Washington, D.C. City Center hotel, but the buyer wasn't revealed. The 410-room property is located at 1400 M St. NW in downtown D.C. DiamondRock purchased the property for $153 million in 2012.
The firm sold the 324-unit Barracks West Apartments & Townhomes in Charlottesville, Va., to West End Capital Group. Willow Creek paid $44.9 million for the property in 2021. West End plans to make "extensive" upgrades to the apartments' communal amenities and living spaces.
Manga Hotels purchased the 160-key SoHo 54 Hotel, a 19-story hotel at 54 Watts St. This purchase marks Manga Hotel's first property purchase in N.Y. state. Manga plans to renovate the hotel and add amenities.
Water Tower Apartments, a 233-unit luxury multifamily property in Greenville, S.C., was sold by Urban Realty Partners. Completed in 2024, the community features studio, one-, two- and three-bedroom homes. The community features a pet spa, pool, rooftop terrace with a chef’s kitchen, fitness center with a yoga room, coworking spaces, outdoor grilling areas and greenspaces and bike storage.
Hotelier Sam Chang sold the 201-key inn at 154-71 Brookville Blvd. in Queens. Chang bought the site for $4.5 million in 2005. The buyer of the 6-story hotel, which is currently a Holiday Inn, was Liberty One Group.
The produce distributor sold its climate-controlled warehouse near Miami International Airport as part of a sale-leaseback transaction to a JV between Iconic Equities and IP Capital Partners. The 74,792-square-foot cold-storage facility sits on 3.3 acres at 2323 NW 72nd Ave. The property, which Sun Belle fully occupies, was built in 1978 and features a 30.5-foot ceiling height and 11 dock doors.
The firm purchased Oxford Court, a medical office complex in Langhorne, from an undisclosed seller. The nine-building, 152,310-square-foot complex was 70% leased at the time of sale. The buyer plans to invest about $16 million in capital improvements across the portfolio, including upgrading HVAC systems and roofing and modernizing vacant spaces.
The company bought 22 acres of vacant Amherst land, with plans to build a facility on the site. The seller of the site, located at 669 S. Youngs Rd., was The Krog Group. The buyer plans to build a 113,500-square-foot retail and warehouse building.
The firm secured $345 million in refinancing for a five-asset, 1,501-unit portfolio with properties in N.J., Fla., Ga. and D.C. PGIM Real Estate provided the fixed-rate funds, which will settle debt from previous lenders, including Bank of America, Truist Bank, UMB Bank and TD Bank. The portfolio includes two residential communities in N.J., one in Fla., one in Ga, and one in D.C.
The loan is for the refinancing of the 158-room Chelsean New York Hotel. The hotel is located at 160 W. 25th St. in Lower Manhattan and includes an onsite bar and restaurant known as The Rose. Beau Williams and Drew Gilligan of Cronheim arranged the debt through an undisclosed lender. The borrower, The Lam Group, will use a portion of the proceeds to fund capital improvements.
The company bought the 10-story building at 15 West 46th St. from the Bassalali and Hematian families, both prominent in New York City's jewelry industry. The sellers planned to demolish the building it's struggled to find tenants for since purchasing the building in 2019. Extell plans to repurpose the building into residential units.
The investor acquired six fully-leased commercial buildings along Webster St. in North Tonawanda, N.Y. WNY Development says the buildings will be kept largely as-is, aside from routine maintenance and updates, though one may be converted into a residential building. The purchased properties include:
A JV between Square2 Capital, Highline Real Estate Capital and Lone Star Funds purchased the 23-story, 410,561-square-foot office at 401 East Las Olas Blvd. The seller was Deutsche Bank. Bank of America Plaza is about 94% leased, with tenants including Bank of America, Greenberg Traurig, Boies Schiller Flexner, Motorola Solutions and UBS. The office was built on the 2.4-acre site in 2003.
Fundamental Income bought the 40-year-old building at 2701 Red Lion Rd. from Quaker Valley Foods, which purchased the building in 2004 for $9.8 million. Quaker Valley Foods will remain in the building through a lease deal. Fundamental Income doesn't have any further plans for the warehouse.
The firm acquired the property at Woodmont Ave. and Edgemoor Lane from Acumen Cos. Acumen paid $3.8 million for 4824 Edgemoor Lane in 2021, which currently holds a house and parking space, both of which will be removed. A multi-family tower is set to be built.
The firm bought Chancellor Square, located at 2400 Sand Lake Rd. and 8100-8500 Chancellor Dr. from B Group Capital Management. The 11-acre site features three single-story, flex space buildings of 44,337 square feet, 40,490 square feet and 60,800 square feet, respectively, all built in 1982, according to Orange County Property Appraiser records. Basis will upgrade the buildings with updated roofs and interior and exterior enhancements.
The company sold the 39,000-square-foot urban retail hub at 2008 Maryland Ave., which is 100% occupied and anchored by a Save A Lot. The mall was built in 1998. The buyer was undisclosed.
The company bought the 1.8-acre parcel near Interstate 95 in St. Johns County from Maley Family Limited Partnership. The seller has owned the property since Sept. 1995 for $423,000. The property, located at 2450 State Rd. 16, is occupied by an Exxon gas station and convenience store.
The Orchard Park Central School District has paid $1.5 million for a pair of office and warehouse buildings at 75 Bank St. in Baltimore. The seller was 1700 Union Road. The two buildings total more than 16,000 square feet. The district has rented the property since 2023 for its building and grounds department, central registration office and social service offerings.
John M Corcoran & Company (JMC) sold The Commons at Southfield, a two-phase, 298-unit apartment community located in Weymouth, Ma. JMC built the community and will continue to manage it. The buyer was a fund advised by Blackrock Realty Advisors.
The firm sold Novel Ballantyne, a 285-unit luxury multifamily community, to an undisclosed investor. Novel Ballantyne at 14011 Bespoke Rd. is part of a larger, master-planned community that includes townhome and senior living options. The community was built in 2023.
A three-building, 261,950-square-foot light industrial portfolio in Rockland County was sold by a JV between Lincoln Equities Group and PCCP. The two buildings at 616 Corporate Way and 618 Corporate Way include a mix of traditional warehouse space and shallow-bay light industrial space. The third building at 711 Executive Blvd. also features traditional warehouse space.
The firm acquired the 200 East apartments from American Landmark, which bought the apartments in 2018. Built in 1999, the complex includes 330 units spread over eight 3-story buildings. Located at 400 Edinborough Dr. and 4805 Guardian Dr., 200 East amenities include an outdoor swimming pool, indoor heated swimming pool, fitness center, dog park, tennis court, grilling station and clubhouse.
The company purchased a 491,329-square-foot industrial building in Port Wentworth, Ga. from Lowe's. The cross-dock facility has 32-foot clear heights, 106 dock-high doors, ESFR sprinkler systems, 149 trailer parking spaces and 126 vehicle parking spots. A single-story facility, located at 50 Innovation Drive, the building was vacant at the time of sale.
The company sold its grocery-anchored shopping center in Latham to PCP Binghamton Associates. Built in 2010, the center totals 120,049 square feet and is anchored by The Fresh Market. Approximately 24,000 square feet is available for lease.
The company bought Liberty Square at 1203 Germantown Ave. and Corner 2nd at 1222 N. 2nd St. from Palladium Group, which maintained a minority interest in both sites. The three-building, 191-unit Liberty Square property was built in 2021, and the five-story, 71-unit Corner 2nd building opened in March 2024. The pricing breaks down to $304,000 per unit at Corner 2nd and $375,000 per unit at Liberty Square.
The firm sold 360 Broadway, located at 65 Franklin St., to Rabsky Group. HAP bought 360 Broadway for $46 million in 2018 from Crescent Heights Group. The buyer is expected to erect a 19-story residential unit.
The company took over nine locations in Fla., including six in Orlando. The locations in Orlando were previously owned by Zips Car Wash, a nationwide car wash chain that filed for Chapter 11 bankruptcy protection in Feb. 2025. The three Broward locations previously were previously owned by Spin Car Wash.
The company sold Monroeville Mall, a 1.2-million-square-foot regional mall located in Monroeville. Walmart purchased the property, which comprises the main mall building, adjacent strip mall, front entrance expansion and two land parcels. Cypress Equities will manage and lead redevelopment efforts for the property.
The loan is for the acquisition of an affordable housing complex in Levittown, a suburb in Philadelphia. The property was built in 1972 and offers amenities such as clubhouse, fitness center, playground and outdoor grilling stations.
The firm bought the 69,142-square-foot retail building at 7856 Ellis Rd. from IRA Food Service. Reich has already repurposed a portion of the building into warehouse space. The building's remaining space is leased out to a third-party logistics company.
The company bought Casino Building, a 2,335-square-foot building at 5 Chinquapin Rd. in Pinehurst for $3.35 million, according to Moore County deed records. The building was built in 1896 and was one of the first public buildings in Pinehurst, housing a cafe, smoking room, game room and more. Pinehurst Resort didn't share what it plans to do with the building, which was sold by Gentry Holdings.
The college bought the 56 W. 66th St. office building from Disney. The 122-year-old building, also known as First Battery Armory, is a four-floor, 43,000-square-foot building previously home to television broadcasting network ABC. HUC plans to renovate the former armory before it moves into the property in 2027.
The company sold the Narcoossee Cove retail complex to five different buyers. Completed in 2024 and situated on 7.7 acres, the property consists of six retail outparcels comprising 36,100 square feet. The property is leased up, with leases spanning 10-20 years.
The loan is for the refinancing of The Mural, a 103-unit apartment complex located in Orange, N.J. The Mural offers studio, one- and two-bedroom units and amenities such as a fitness center, courtyard plaza, outdoor grilling and dining stations and an outdoor lounge. The building was constructed in 2024.
The company bought Freedom Village Shopping Center in Eldersburg from Continental Realty. Located at 6300 Georgetown Blvd. Freedom Village was built in 1988 and is 100% leased with some long-term deals. Saglo said the purchase was sparked by positive conditions in the Mid-Atlantic market and the company's goal to acquire four malls in 2025.
The company bought 34 acres in Lady Lake from James H Mayfield Jr. Trustee in six separate transactions. The buyer is expected to build multiple residential units on site. Further details on the sale were not provided.
The General Services Administration (GSA) closed the sale of 940 H St. NW, built in 1882, via a quitclaim deed. The buyer was Webster School. For the sale, the 27,500-square-foot, three-story building was pitched as "ideal for all types of redevelopment including boutique hotel, residential, or traditional office space."
The company purchased 59 John Glenn Dr. from Cobert 1 LP of Amherst. DHC, a retailer, said the 32,000-square-foot building will be used for product storage. The building was previously occupied by Prometheus Books.
Amtrak will pay $505 million to Rexmark for control of Union Station's commercial leasehold, more than double its initial offer. The settlement resolves a long-running dispute and enables Amtrak to proceed with major renovations to the historic D.C. rail hub. Amtrak says its planned renovations will make it a more efficient, better functioning station to support the growing populations of rail passengers.
Investcorp bought the commerce center between Charles St. and Ronald Reagan Blvd. from Starwood Capital Group. The 55.9-acre assemblage includes at least 26 buildings and auxiliary structures, all built between 1987 and 2002. The industrial center is nearly completely leased, but neither Investcorp nor Starwood commented further on the sale.
The refinancing package is for a five-asset portfolio totaling 220 units in Manhattan, N.Y. Tompkins Square Plaza, a 124-unit property located at 190 E. 7th St. and completed in 1998, will receive $50 million of the loan. The Downtown Apartments will also use $15.5 million for the three assets at 516 E. 11th St., 163 Stanton St. and 57 Pitt St., which total 61 units, and $12.9 million for the 35-unit community at 49 Ludlow St.
The five buildings were acquired from Gatsby Enterprises. The buildings run from 1341-1347 Second Ave. and 242 East 71st St. and are set to be demolished. The buyer plans to redevelop the spot with "several" retail and residential units.
The Canadian firm bought two shopping centers from Linear Retail Properties. Brasswater acquired The Stow, located at 117 Great Rd., is a 124,400-square-foot plaza that's 90% leased. The company also bought a 60,000-square-foot Cape Cod property located at 484 Station Ave.
The firm bought the Freedom Village Shopping Center from Continental Realty Corp. The strip mall is located at 6300 Georgetown Blvd. and was built in 1988. The center is 100% leased and anchored by several national chains, including Panera Bread, Taco Bell, Planet Fitness and Goodwill.
A JV between Aperture Holdings and Greenmont Group acquired the 32,879 square-foot building at 58 Kent St. in Greenpoint, Brooklyn. The seller was Kickstarter in an all-cash deal. The property has sat vacant for nearly five years since Kickstarter implemented a fully remote work policy during the onset of the COVID-19 pandemic in 2020.
The company sold the seven-story office tower on 25 acres to 3556 Lakeshore Blvd. Development. The existing 164,000-square-foot office tower on site is expected to be renovated and repurposed into a mixed-use development. The buyer also plans to build additional residential units on the site.
BayCare Health System acquired three Tampa medical office buildings from Highwood Properties. The purchased buildings are called LakePointe One, LakePointe Two and Spectrum. BayCare plans to use the property to consolidate services from leased offices and to make room for its expanding BayCare Medical Group physician practice.
The firm bought the 607,000-square-foot industrial complex from Scannell Properties. A medical supply distributor has leased up the majority of the complex's space, located at 40 Lackey Dam Rd. in Uxbridge. The remaining space, around 170,000 square feet, is vacant and waiting to be leased.
ARC Multifamily Group obtained the loan for the refinancing of The Blakely, a 420-unit community in Pendergrass, Ga. The community sits on more than 40 acres at 542 Glenn Gee Rd. The property was built in July 2023 and includes 10 three-story buildings with amenities including two swimming pools, a clubhouse, a gaming room, a fitness center, a dog park and a playground.
The company acquired Tavern Square, a 171,738-square-foot office building in Alexandria, Va. from Westport Capital Partners. Tavern Square has been owned by Westport since 2018, when the company purchased the property from The Pyne Cos. for $50.4 million. Built in 1967, the five-story Tavern Square underwent a full renovation in 2019, adding features such as a fitness center and a conference center with tenant lounge.
A JV between Oliver Street Capital and Bain Capital Real Estate purchased an 8.8-acre industrial outdoor storage site in South Plainfield, N.Y. The site, located at 115 St. Nicholas Ave./115 Skyline Dr., was sold by Trans American Trucking Services.
The company sold 8.73 acres at 12400 and 12420 S.W. 248th St. for $9.6 million to Essential Housing. The site is set to be leased to Lennar, a homebuilder, who plans to develop the site into a residential area. The site is set for 114 residential units with amenities including a playground and a dog park.
Ontario Specialty Contracting purchased 343 Elk St. from Shield of Armor. The 25,000-square-foot building previously housed Armor Electric Motor and Crane Services. OSC said the building was a strategic acquisition, and they have no specific plans for the site in mind.
Rockpoint acquired Uxbridge Distribution Center, a cross-dock facility with over 607,000 square feet in Uxbridge, Mass. Scannell Properties sold the asset, which was built in 2023 and occupies 70 acres at 40 Lackey Dam Rd. The property also includes adjacent industrial outdoor storage space and a parking field.
The company scooped up Wake Biscayne Bay Apartments, a 338-unit waterfront multifamily complex in North Bay Village, Fla. The complex consists of two buildings at 7525 East Treasure Dr. and 1900 South Treasure Dr. The seller was a JV between Mast Capital and TPG Angelo Gordon.
The company bought the 18-story building at 300 East 42nd S. from Fortress Investment Group. Fortress paid $122.5 million for the property in 2019. Tenants at the building include the Consulate General of Jamaica and an architecture firm.
The pharmaceutical giant sold its flex building at the Imperial Center to Lightstone Group, located at 1219 Shiloh Glenn Dr. In early 2023, Pfizer began looking to offload the Durham facility as part of a shift in the company's research and development strategy. The industrial building is 82,054 square feet and sits on 15.69 acres.
Reign acquired the building at 200 N. Caldwell St. from BellSouth Telecommunications and AT&T Enterprises. The building was constructed in 1927. The acquisition is part of a sale-leaseback deal, and AT&T will make payments to Reign for the undisclosed duration of the lease term and maintain exclusive operational control.
The firm bought the mixed-use residential and commercial building at 2283 Third Ave. in East Harlem from the Rockfeld Group. The seven-story, 50,908-square-foot building includes 18 residential units, mostly leased by the New York College of Podiatric Medicine as student housing. Rockfeld purchased the property since 2014.