Acadia Realty Trust, in reporting its latest results, detailed its recent property transactions, including its $25.1 million acquisition of the 47 Greene St. retail property in New York City in an off-market transaction.
In September, the company bought 849 and 912 W. Armitage Ave. in Chicago for $7.8 million.
The real estate investment trust noted that it agreed to acquire five contiguous storefronts on Melrose Place in Los Angeles for $47.7 million.
In September, Fund IV sold the three-story, 32,000-square-foot building at 938 W. N. Ave. in Chicago for $32.0 million. In July, the fund sold JFK Plaza in Waterville, Maine, for $7.8 million.
In August, Fund III sold the 70,000-square-foot Nostrand Avenue in Brooklyn, N.Y., for $27.7 million.