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Transactions - JUNE 24, 2016

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transactions were an apartment complex near Washington, D.C., and an office property in Chicago.

StonebridgeCarras and an affiliate of Walton Street Capital has sold the Flats 8300, a 359-unit, luxury high-rise residential property with ground-floor retail in Bethesda, Md. Invesco Real Estate purchased the asset for $207 million.

And CIM Group has purchased the office building located at 440 S. LaSalle St. in Chicago from TIER REIT for $191 million.

 

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