Transactions reported this week included the sale of 1,032-unit Quail Ridge Apartments in Plainsboro, N.J.
Angelo, Gordon & Co. sold the property to Kushner Companies for $146 million.
| Buyer |
Seller |
Property Name |
Size |
Price per size |
Location |
Price (m) |
| APARTMENTS |
|
|
|
|
|
|
| Not disclosed |
Biscayne Atlantic/PointOne Holdings |
Waterford Point Apartments |
344 |
97,383.72 |
Atlanta, GA |
$33.50 |
| Kushner Companies |
Angelo, Gordon & Co. |
Quail Ridge Apartments |
1,032 units |
141,472.87 |
Plainsboro, NJ |
$146.00 |
| Olympus Property Management/Artemis Real Estate Partners |
Not disclosed |
Broadstone Corsair/Olympus Corsair |
360 units |
377,777.78 |
San Diego, CA |
$136.00 |
| Greystar |
AvalonBay Communities |
Avana Sunnyvale |
192 units |
557,291.67 |
Sunnyvale, CA |
$107.00 |
| TLC Management |
Equus Capital Partners |
Madison Park Butterfield |
522 units |
153,256.70 |
Mundelein, IL |
$80.00 |
| Hathaway Development/Sabra Property Management/Zavala Properties |
Audubon Communities |
Three-property portfolio |
752 units |
101,728.72 |
Multi-City, GA |
$76.50 |
| Spyglass Capital Partners |
Cortland Partners |
Ansley at Town Center |
|
|
Augusta, GA |
$53.30 |
| M Group, The/Coastal Ridge Real Estate |
Not disclosed |
The Village at Lakeshore Crossings |
264 units |
151,515.15 |
Birmingham, AL |
$40.00 |
| HOTEL |
|
|
|
|
|
|
| Hospitality Properties Trust |
Not disclosed |
Crowne Plaza Charlotte Executive Park |
300 rooms |
146,666.67 |
Charlotte, NC |
$44.00 |
| INDUSTRIAL |
|
|
|
|
|
|
| Brennan Investment Group |
Barnett Capital Advisors |
20-property portfolio |
2,100,000 |
$40.00 |
Multi-City |
$84.00 |
| Buchanan Street Partners/Elion Partners |
Ares Management/Adler Group |
14-property portfolio |
700,000 |
$116.00 |
Washington, D.C. |
$81.20 |
| TH Real Estate |
Principal Global Investors |
Two-property portfolio |
|
|
Multi-City, FL |
$54.00 |
| OFFICE |
|
|
|
|
|
|
| Greenlaw Partners, LLC/Westbrook Partners |
TA Associates Realty |
Centerpointe La Palma |
525,560 sf |
$201.88 |
La Palma, CA |
$106.10 |
| Not disclosed |
Starwood Capital Group/Trinity Capital Advisors/Vanderbilt Partners |
Seven-property portfolio |
581,619 sf |
$181.39 |
Raleigh-Durham, NC |
$105.50 |
| Olen Properties |
American Realty Advisors |
4100 Newport Place Dr. |
161,172 sf |
$469.06 |
Newport Beach, CA |
$75.60 |
| Drawbridge Realty Trust |
Not disclosed |
Panasonic Avionics Corp.'s Headquarters |
144,906 sf |
$223.59 |
Lake Forest, CA |
$32.40 |
| NBP Capital |
Swift Real Estate Partners |
Two-property portfolio |
|
|
Portland, OR |
$32.20 |
| MDC Property Service Ltd. |
JOSS Realty Partners |
1315 Lincoln Blvd. |
23,551 sf |
1,295.06 |
Santa Monica, CA |
$30.50 |
| RETAIL |
|
|
|
|
|
|
| Not disclosed |
Pennsylvania Real Estate Investment Trust |
Logan Valley Mall |
102,469 |
$324.00 |
Altoona, PA |
$33.20 |
