trending Market Intelligence /marketintelligence/en/news-insights/trending/siytesiewdvhryxnclxwsq2 content esgSubNav
In This List

NC apartment complex sells for $44M; Daimler building in SC trades for $40M

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


NC apartment complex sells for $44M; Daimler building in SC trades for $40M

This feature rounds up recent commercial property news and highlights larger deal coverage already published.

* DeWitt Carolinas sold the 208-unit, two-building Franklin at Crossroads Apartments in Cary, N.C., to investment management firm Eaton Vance Corp. for $44 million, the Raleigh, N.C.-based Triangle Business Journal reported.

* Cantor Fitzgerald & Co. is acquiring the 150,164-square-foot Daimler building in Fort Mill, S.C., for $40 million, according to the Charlotte (N.C.) Business Journal.

* Diversified real estate company Consolidated-Tomoka Land Co. bought a 19,596-square-foot commercial building in downtown Aspen, Colo., for $28 million, and entered into a 20-year master lease with a family office tenant at the property.

* BMC Investments purchased the 282-unit apartment complex at 12707 E. Mississippi Ave. in Aurora, Colo., from Capital Real Estate for $31.5 million, the Denver Business Journal reported.

* Red Lion Hotels Corp. sold the Red Lion Hotel in Redding, Calif., and the Red Lion Hotel in Eureka, Calif., to affiliates of Discovery Park LLC for roughly $17.4 million. The full-service hotel company sold the hotels through subsidiaries of its 55%-owned joint venture.

* Northview Apartment REIT plans to develop a land parcel in Kitchener, Ontario, which it recently acquired for C$5.3 million, marking the multifamily real estate investment trust's first development in Ontario.

* Diversified REIT BTB REIT sold a property at 1100 and 1108-1136 St. Joseph Blvd. in Drummondville, Quebec, for about C$3.1 million.

* Diversified real estate company Brookfield Property Partners LP and The Swig Co. agreed to lease 64,658 square feet of space covering the entire 18th and 19th floors of the Grace Building at 114 Avenue of the Americas in New York City to spirits company Campari America for a 10-year term, the Commercial Observer reported.

Additional coverage

Starwood Property Trust buys 12 Fla. communities for $293M

Macy's to continue to explore opportunities for real estate assets

Forest City looks to sell final Hawaii property

RLJ Lodging discloses $170M sale of Boston hotel

Bank of China mulls $200M Manhattan, NY, land plot buy