Recent commercial real estate transactions
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 |
