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Transactions - OCTOBER 24, 2014

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transactions were a shopping mall in Northern Virginia and an office asset in Miami.

The 1.42 million-square-foot mall in Springfield, Va., Springfield Town Center was sold for $465 million. The seller was Vornado Realty Trust, and the new owner is Pennsylvania REIT.

In Florida, CBRE Global Investors bought the 1 million-square-foot Airport Corporate Center for $132.3 million from Hines REIT.

 

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