Capri Completes $76M Sale of Watergate Office Bldg.

Chicago-based Capri Capital Partners LLC finalized its sale of the Watergate office building at 2600 Virginia Ave. NW in Washington, DC, to the Penzance Cos. The 12-story, 200,000-square-foot property traded for $ 76 million, or nearly $ 287 per square foot. A group of investors led b
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Emerald Farms Industrial Bldg Trades For $3.7M

GK Emerald LLC acquired the Emerald Farms industrial building at 9800 NW 17th St. in Doral, FL from Wells Fargo Bank as trustee for JP Morgan Chase for $ 3,675,000, or about $ 83 per square foot, in an REO sale. The new owner will expand its business into the building, with occupancy
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Inland To Sell Boston Area Office Bldg. for $57 Million

Inland American Real Estate Trust Inc. found a buyer for its 185,171-square-foot office building in Canton, MA. Hines Global REIT Inc. agreed to acquire the property known as Blue View Corporate Center for approximately $ 57 million or $ 308 per square foot. The transaction is schedul
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