Transactions reported this week include an office building in Seattle.
Continental Properties paid $216.1 million for the Met Tower, a trophy 366-unit, high-rise multi-housing building located in the heart of Seattle’s vibrant South Lake Union neighborhood.
The seller was Westlake Tower Associates.
| Buyers |
Sellers |
Property name |
Size |
Location |
Price per size |
Price (m) |
| APARTMENTS |
|
|
|
|
|
|
| Brookfield Properties |
Merlone Geier Partners/Carmel Partners |
Village Residences |
330 units |
Mountain View, CA |
$884,848.48 |
$292.00 |
| Continental Properties |
CBRE Global Investors |
Met Tower |
366 units |
Seattle, WA |
$590,437.16 |
$216.10 |
| MG Properties |
Everest Holdings |
Biscayne Bay |
512 units |
Chandler, AZ |
$215,429.69 |
$110.30 |
| Not disclosed |
Nuveen Real Estate |
Township Apartments |
132 units |
Redwood City, CA |
$671,590.91 |
$88.65 |
| Security Properties |
PCCP |
Lofts at 7100 |
379 units |
Las Vegas, NV |
$211,081.79 |
$80.00 |
| Broadtree Residential |
Lincoln Property Company Commercial |
Aspire Perimeter |
296 units |
Atlanta, GA |
$234,121.62 |
$69.30 |
| JLL Income Property Trust |
Not disclosed |
Presley Uptown |
230 units |
Charlotte, NC |
$239,130.43 |
$55.00 |
| Bella Luna Investments |
Phoenix Bay Ventures |
Coralina Apartments |
186 units |
Cape Coral, FL |
$188,172.04 |
$35.00 |
| Pathfinder Partners |
Virtu Investments |
Rosemont Park |
170 units |
Sacramento, CA |
$169,588.24 |
$28.83 |
| VDR Investments Homes |
Twin Spits |
Vista Del Rey |
130 units |
Tacoma, WA |
$197,692.31 |
$25.70 |
| HOTELS |
|
|
|
|
|
|
| TRTG GDH |
Not disclosed |
Grand Hyatt Denver |
516 rooms |
Denver, CO |
$223,062.02 |
$115.10 |
| INDUSTRIAL |
|
|
|
|
|
|
| bkm Capital Partners |
Entera |
West Valley Business Park |
205,655 sf |
Seattle, WA |
$148.06 |
$30.45 |
| OFFICE |
|
|
|
|
|
|
| Not disclosed |
Paramount Group |
Liberty Place |
172,000 sf |
Washington, DC |
$898.26 |
$154.50 |
| Drawbridge Realty Trust |
Not disclosed |
1331 L St. |
169,430 sf |
Washington, DC |
$513.49 |
$87.00 |
| Nova Capital Partners |
Dubon Group |
Midtown Centre |
750,176 sf |
Jacksonville, FL |
$41.99 |
$31.50 |
| RETAIL |
|
|
|
|
|
|
| Regency Centers Corp. |
Not disclosed |
Circle Marina Center |
120,000 sf |
Long Beach, CA |
$408.33 |
$49.00 |
| ALTO Real Estate Funds |
Not disclosed |
Quebec Square |
207,611 sf |
Denver, CO |
$203.51 |
$42.25 |
| Columbus Pacific Properties |
Not disclosed |
Market Street at Heath Brook |
393,387 sf |
Ocala, FL |
$101.05 |
$39.75 |
