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Transactions - JULY 14, 2017

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Recent commercial real estate transactions

by Andrea Waitrovich

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.

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