This feature rounds up recent commercial property news and highlights larger deal coverage already published.
* San Diego-based MG Properties Group acquired the 676-unit Lakeview at Superstition Springs Apartments in Mesa, Ariz., for $101 million. The purchase was financed with a $70.7 million Fannie Mae loan, arranged by CBRE Group.
* CBSK Ironstate agreed to purchase 646 11th Ave. in Manhattan, New York, from Bram Auto Group for about $93.0 million, with plans to develop a 12-story, 225-unit condominium project, The Real Deal reported, citing property records.
* Federal Capital Partners acquired the 446-unit Stratford Ridge apartment community in Marietta, Ga., for $45 million.
* Laguna Village Investors LLC purchased the 120,893-square-foot, 98%-occupied Laguna Village retail center at 8755, 8785, 8759, 8765 and 8775 Center Parkway, in Sacramento, Calif., from Hall Equities Group for $32.5 million, the Sacramento Business Journal reported.
* Eastern Real Estate LLC sold a historic U.S. Customs building at 220 NW 8th Ave. in Portland, Ore., to Vista Investment Group for $30.0 million, the Portland Business Journal reported. WeWork, a tenant for the last two years, also expanded into the third and fourth floors of the building.
* Acadia Realty Trust sold its five-story, 12,250-square-foot building at 201 E. 67th St. in Lenox Hill in Manhattan to the The Feil Organization Inc. for $27.0 million, The Real Deal reported.
* Firm Capital Property Trust acquired a 115,838-square-foot, 99%-leased, grocery-anchored retail property in Guelph, Ontario, for C$26.0 million.
* Hendricks Commercial Properties LLC acquired a 276,000-square-foot warehouse at 3355 Discovery Road in Eagan, Minn., for $20.3 million from Skyline Displays Inc., the Minneapolis/St. Paul Business Journal reported.
Additional coverage
Report: Blackstone under contract for stake in Brookfield Property's NYC tower
Brookfield Property buys Houston Center mixed-use complex
Griffin Capital Essential Asset REIT buys South Carolina office asset for $130M
Melcor REIT to buy 5-property portfolio for C$81M
