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Recent commercial real estate transactions
Transactions - NOVEMBER 1, 2019

Recent commercial real estate transactions

by Lisa Yan

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
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