This feature rounds up recent commercial property news and highlights larger deal coverage already published.
* Baltimore-based Continental Realty Corp. purchased the 345-unit, five-building Millworks apartment community at 1888 Emery St. in Atlanta, for $80.0 million from Pollack Shores, the developer, according to the Atlanta CityBiz list.
![]() Millworks apartment community, Atlanta |
* New York-based Katz Properties acquired the 392,000-square-foot, seven-building Vestavia Hills City Center on U.S. 31 Montgomery Highway in Vestavia Hills, Ala., from Shopcore Properties for about $60.3 million, the Birmingham Business Journal reported.
* Goldman Sachs Asset Management and DH Property Holdings agreed to obtain a 4-acre development site from 601W Cos. at 640 Columbia St., in Red Hook, N.Y., for about $50.0 million, to construct a 350,000-square-foot e-commerce distribution center, The Real Deal reported, citing sources.
* W. P. Carey Inc. purchased a 136,125-square-foot, five-story, Veritas Technologies LLC office asset at 2815 Cleveland Ave. N., in Roseville, Minn., for about $25.8 million in a leaseback deal, the Minneapolis/St. Paul Business Journal reported, citing a Minnesota Department of Revenue filing.
* Preferred Apartment Communities Inc. acquired the 180-unit Overlook at Crosstown Walk multifamily community in Tampa, Fla., for an undisclosed amount.
* Knotel, a co-working company, signed a 10-year lease for 23,429 square feet on the 14th floor of American Realty Capital's William Street 123 in New York, for $50 to $55 per square foot, and a five-year sublease for 20,955 square feet on the ninth floor of the Feil Organization's 551 Fifth Ave. building, The Real Deal reported.
Additional coverage
Kennedy-Wilson buys Wash. apartment community for $135M
Steadfast Income REIT injects 1st batch of properties in JV with Blackstone
NYC rental complex changes hands for $135M
Alexander & Baldwin unloads Calif. industrial complex for $33M

