Sells | EDGE Asset Management

Grubb & Ellis Co., one of the country’s most recognizable CRE services brands, which fell on hard financial times during the economic recession, has agreed to file for Chapter 11 bankruptcy protection and sell the company in a bankruptcy transaction to BGC Partners, owners of New

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February 21, 2012

by Oriah

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after, Bankruptcy, BREAKING, Ellis, Files, Grubb, Itself, News, Partners, Sells

REMS Group, Inc. sold the Brickell Station Lofts, a multifamily development at 100 SW 10th St. in Miami, Florida to MDR Real Estate LLC for $ 17 million, or about $ 270,000 per unit. The property is a nine-story, 80,712-square-foot building constructed in 2009. The apartment building

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February 05, 2012

by Oriah

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$17M, Brickell, Group, Lofts, REMS, Sells, Station

National Real Estate Investor

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January 23, 2012

by Oriah

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144Unit, Apartment, Building, Marcus, Millichap, Sells

TPG/CalSTRS LLC, an affiliate of Thomas Properties Group (NASDAQ: TPGI), concluded its sale of Brookhollow Central, an 806,004-square-foot, three-building property in Houston, TX. Parmenter Realty Partners, a Miami, FL-based commercial real estate company, acquired the assets for $ 71

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January 14, 2012

by Oriah

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806004SF, Houston, Office, Park, Sells, TPG/CalSTRS

New York-based BlackRock, Inc. sold 4 Forty Flagler Village in Fort Lauderdale, FL to AMLI Residential Properties, based in Chicago, IL, for $ $ 58.25 million, or approximately $ 267,200 per unit. The 218-unit, 250,000-square-foot apartment building at 440 NE 5th Street, was built in

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January 09, 2012

by Oriah

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$58.25M, Blackrock, Fort, Lauderdale, Multifamily, Sells

Archstone acquired the Vinings at Town Center at 5881 Town Bay Drive in Boca Raton, FL for $ 42 million, or about $ 167,000 per unit, from AEW Capital Management LP. The property is a 252-unit apartment community that totals 280,200 square feet on 12.3 acres. The buildings were constr

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January 03, 2012

by Oriah

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$42M, Center, Sells, Town, Vinings

Brookfield Office Properties completed another disposition, this time offloading 53 State Street in Boston. National Real Estate Investor

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December 24, 2011

by Oriah

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$610M, Boston’s, Brookfield, Office, Properties, Sells, State, Street

A large pension fund advisor purchased The Heritage at Boca Raton multifamily building at 300 W. Palmetto Park Rd. in Boca Raton, FL in an all-cash sale for more than $ 67.96 million, or about $ 274,000 per unit, from Priderock Capital Partners LLC. The apartment complex was built in

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December 13, 2011

by Oriah

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$68M, Boca, Heritage, Sells

GE Asset Management sold its 75 percent interest in Metro Place III and IV, a 325,328-square-foot office portfolio in Merrifield, VA, for an implied value of $ 105 million or $ 323 per square foot. First Potomac Realty Trust (NYSE: FPO) purchased a 51 percent interest in the property

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December 02, 2011

by Oriah

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$105M, Asset, Mgmt., Offices, Sells, Stake

Tishman Speyer sells a Long Island City office tower for $ 415.5 million. National Real Estate Investor

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November 06, 2011

by Oriah

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$415.5M, Center, City, Gotham, Island, Long, Sells, Speyer, Tishman

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BREAKING NEWS: Grubb & Ellis Files For Bankruptcy, Sells Itself to BGC Partners After All

REMS Group Sells Brickell Station Lofts for $17M

Marcus & Millichap Sells A 144-Unit Apartment Building

TPG/CalSTRS Sells 806,004-SF Office Park in Houston

BlackRock Sells Fort Lauderdale Multifamily for $58.25M

Vinings at Town Center Sells for $42M

Brookfield Office Properties Sells Boston’s 53 State Street for $610M

Heritage at Boca Sells for $68M

GE Asset Mgmt. Sells Stake in 2 VA Offices for $105M

Tishman Speyer Sells Two Gotham Center in Long Island City for $415.5M