trending Market Intelligence /marketintelligence/en/news-insights/trending/wjrlzm0yajzncfsawbwr2g2 content esgSubNav
In This List

Ryan Cos. plans $95M Clayton, Mo., project; Astoria, NY, site selling for $85M

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


Ryan Cos. plans $95M Clayton, Mo., project; Astoria, NY, site selling for $85M

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

* Ryan Cos. US Inc. filed plans to construct Clarendale of Clayton, a $95 million, 440,230-square-foot seniors housing project at 7651 Clayton Rd. in Clayton, Mo., that will offer 281 units for independent living, assisted living and memory care, the St. Louis Business Journal reported, citing documents filed with the city.

* Criterion Group is selling a 711-unit residential development site at 30-77 Vernon Blvd. in Astoria, N.Y., to Cape Advisors for $85 million, The Real Deal reported, citing court documents.

* Midtown Equities agreed to sell the seven-story, 37-unit apartment building at 155 Attorney St. in New York City to the Schwalbe family for about $40 million, The Real Deal reported, citing unnamed sources.

* Kairoi Residential bought a 1,210-unit portfolio comprising four apartment complexes in the San Antonio area from Omninet Capital LLC, the San Antonio Business Journal reported. Citing the Bexar County Appraisal District, the report said the portfolio was worth approximately $48.1 million.

* Red Lion Hotels Corp. closed the sale of its namesake hotels in Boise, Idaho; and Pasco and Richland, Wash., for $29.9 million.

* Terreno Realty Corp. purchased an industrial property in Woodside, Queens, N.Y., for about $25.2 million. The property comprises one industrial distribution building that, upon completion of renovation, will contain roughly 83,000 square feet on 3.7 acres.

* Griffin-American Healthcare REIT IV Inc. closed its roughly $22.6 million purchase of a 254-bed, two-property central Wisconsin senior care portfolio. The properties are in the Madison suburbs of Waunakee and Sun Prairie.

* A Toll Brothers Inc. affiliate acquired 36 acres of land in Southwest Ranches, Fla., from 200 Leucadendra LLC for roughly $4.7 million, The Real Deal reported. The company plans to build 18 luxury homes as part of the new Rolling Oaks Estates community.

* Pure Industrial Real Estate Trust acquired a two-building industrial property in Edmonton, Alberta, for C$1.9 million; a 287,338-square-foot property in Montreal for C$32,500 million in gross proceeds; and a 12,647-square-foot building and adjacent 14.2-acre land parcel in Acheson, Alberta, for C$48.0 million. The company also sold an investment property in Vaughan, Ontario, for gross proceeds of about C$3.6 million.

* Verizon Communications Inc. unit Oath Inc. is in talks to lease at least 300,000 square feet of space at Boston Properties Inc.'s The Hub on Causeway-Phase I property in Boston, the Boston Business Journal reported, citing unnamed sources.

* Business software company UiPath leased 26,000 square feet of space across two floors at Vornado Realty Trust's 90 Park Ave. in Midtown Manhattan, N.Y., Crain's New York Business reported.

* An eBay Inc. logistics partner signed a 10-year lease at Prologis Inc.'s 520,000-square-foot Gateway International Distribution Center at 2125 Gateway Blvd. in Hebron, Ky., the Cincinnati Business Courier reported.

* Plymouth Industrial REIT Inc. signed a three-year lease for its 527,127-square-foot building at Pier One-Southwestern Boulevard 3500 in Grove City, Ohio, with Stonecrop Technologies, with the lease set to start March 15.

Additional coverage

Wheeler REIT suspends dividend for rest of 2018

Widewaters Hotels sells Portland, Ore., hotel for €120M

JPMorgan Chase Bank sells Bellevue, Wash., office campus for under $225M

Amazon warehouse in Md. sold for $112M