Eastdil Secured
DivcoWest Acquires 72,500 SQFT Life Science Property in San Diego’s Torrey Pines for $86MM
(EDITOR’S NOTE: The property was sold for $86 million, or about $1,186 per square foot, according to an announcement from Alexandria Real Estate...
MG Properties, Rockwood Capital Purchase 379-Unit Apartment Community in San Diego for $185MM
(EDITOR’S NOTE: According to information from MG Properties, Domain San Diego sold for $184.6 million, or about $487,071 per unit.) SAN DIEGO —...
Unibail-Rodamco-Westfield Sells 1.5MM SQFT Westfield Santa Anita in Arcadia for $537.5MM
Unibail-Rodamco-Westfield (“URW”) today announced that it has completed the sale of Westfield Santa Anita in Arcadia, California, to an established commercial real estate...
LaTerra Development & QuadReal Secure $198.5MM Construction Loan For 573-Unit Burbank Apartment Project
LOS ANGELES and VANCOUVER, BC, Nov. 11, 2021– LaTerra Development, a Los Angeles-based developer, together with QuadReal Property Group, a global real estate company, announced the closing of a $198.5...
Greystar Sells U.S. Multifamily Value-Add Fund for Approximately $3.6B
(EDITOR’S NOTE: According to industry reporting, the buyer of the portfolio is Ivanhoe Cambridge.) Charleston, SC – Greystar Real Estate Partners LLC (“Greystar”),...
Sofitel Hotel in Beverly Hills Acquired for $96MM
(EDITOR’S NOTE: The asset is located at 8555 Beverly Blvd. According to sources familiar with the deal, the property sold for $96 million,...
Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9B Transaction
NEW YORK & NEWPORT BEACH, Calif.–Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired...
