Recent commercial real estate transactions
Transactions reported this week include an apartment building in Massachusetts.
UDR Inc. paid $270.2 million, or $295,405/unit, for the 914-unit Commons at Windsor Gardens apartment property in the Boston suburb of Norwood, Mass.
Buyer | Seller | Property name | Location | Size | Price per size | Price (m) |
APARTMENT | ||||||
Olen Properties | Not disclosed | 11-property portfolio | Multi-city | 3,300 units | $171,818.18 | $567.00 |
UDR | Not disclosed | Commons at Windsor Gardens | Norwood, MA | 914 units | $295,623.63 | $270.20 |
Capital Square | Bristol Development Group | 2000 W. Creek | Richmond, VA | 373 units | $276,139.41 | $103.00 |
FCP | Not disclosed | Costa del Lago/Coronado Springs/Sedona Village | Multi-city | 683 units | $125,183.02 | $85.50 |
UDR | Not disclosed | One William | Englewood, NJ | 185 units | $451,891.89 | $83.60 |
Citymark Capital/InterCapital Group | Not disclosed | Evergreen Park/Evergreen Terrace | Fairburn, GA | 554 units | $125,270.76 | $69.40 |
Continental Realty Corp. | The Carlyle Group/Blaze Partners | The Bluestone Apartments | Bluffton, SC | 360 units | $192,500.00 | $69.30 |
Not disclosed | Crescent Communities | Novel Rio | Tempe, AZ | 209 units | $317,224.88 | $66.30 |
Grubb Properties | Case Pomeroy Properties/Urban Realty Partners | The George/The Leonard | Atlanta, GA | 217 units | $221,889.40 | $48.15 |
Prism Multifamily | The Embassy Group | 72 West | Tamarac, FL | 291 units | $161,512.03 | $47.00 |
Not disclosed | TIC investors | Amberwood at Lochmere | Cary, NC | 206 units | $152,184.47 | $31.35 |
Blaze Partners | Intersouth Realty | Planters Crossing | Charleston, SC | 256 units | $109,765.63 | $28.10 |
OFFICE | ||||||
Not disclosed | Kilroy Realty Corp. | 2211 Michelson Drive | Irvine, CA | 271,556 sf | $427.17 | $116.00 |
Harbor Associates | Not disclosed | Anaheim City Centre/Crown Cabot | Multi-city | 368,000 sf | $217.39 | $80.00 |
Not disclosed | Service Properties Trust | 1505 S. Pavilion Center | Las Vegas, NV | 138,558 sf | $411.38 | $57.00 |
Velocis | Hines/PCCP | Kierland One | Scottsdale, AZ | 175,441 sf | $298.68 | $52.40 |
Harbor Group International | Not disclosed | Spectrum Brands World Headquarters | Middleton, WI | 252,122 sf | $206.25 | $52.00 |