FAIRVIEW, OR-Vancouver, WA-based Amberhill Properties LLC sells the commercially zoned land for $9 per sf to Los Gatos, CA-based Lexmar Development, which envisions a mixed-use development on the property.
CHARLOTTE, NC-The New York-based fund manager and Westdale Asset Management jointly acquire a 411-unit residential complex here that it is 94% occupied.
HONG KONG-ING Real Estate Investment Management's IP Property Fund Asia acquires a 25-story building here that was completed in 2002 and is 99% leased.
HONG KONG-ING Real Estate Investment Management's IP Property Fund Asia acquires a 25-story building here that was completed in 2002 and is 99% leased.
SEATTLE-Hines' Sumisei US Core Office Fund acquires the 287,000-sf, 20-story office building from a partnership involving Irving, TX-based Archon Group LP. The building is approximately 80% leased.
SEATTLE-Hines' Sumisei US Core Office Fund acquires the 287,000-sf, 20-story office building from a partnership involving Irving, TX-based Archon Group LP. The building is approximately 80% leased.
PORTLAND, OR-Having moved over the weekend to a smaller leased space, the Federal Reserve Bank of San Francisco hires a local broker to market for sale its Downtown office building here that has four stories above grade and two below. The base price for the building is $8.5 million.
PALO ALTO, CA-The JV led by locally headquartered Essex Property Trust increases its per-share bid by 7% over the weekend, from $36 to $38.50 per share. The move makes it more of a stretch for the Morgan Stanley-Onex JV to match and remain the preferred buyer, and also eclipses the 11th-hour $37 offer by Berkshire Property Investors.