Recent commercial real estate transactions
Transactions reported this week included the sale of a mall in Oregon and an apartment complex in Atlanta.
Kimco Realty Corp. acquired Jantzen Beach, a 96 percent-occupied, 746,000-square-foot, open-air shopping center on 67 acres in Portland, Ore., for $131.8 million, or $177/square foot. HFF marketed the property on behalf of the seller.
And in Atlanta, NexPoint Residential Trust bought a 708-unit apartment community, Rockledge – A Residential Resort, in Marietta, Ga., for $113.5 million. The seller was an unaffiliated third-party.Buyer