This feature rounds up recent commercial property news and highlights larger deal coverage already published.
* E&M Associates is looking to fetch between $200 million and $215 million from the sale of a nine-building portfolio encompassing about 490,000 square feet and comprising 413 rental apartments in Washington Heights, N.Y., The Real Deal reported, citing unnamed sources.
* Bridge Investment Group LLC sold the two-building, 100%-leased SunTrust Center One and Two office park totaling 419,653 square feet on 32.3 acres at 11011 and 11013 W. Broad St. in Richmond, Va., for $62.4 million to FD Stonewater.
* BB&T Corp. purchased the six-story LakePointe Corporate Center One and Two office buildings spanning 331,611 square feet on 15.5 acres at W. Tyvola Road in Charlotte, N.C., for $29 million and $23.8 million, respectively, in two deals, the Charlotte Business Journal reported, citing Mecklenburg County property records.
* A Louis Birdman-led partnership sold the 127-acre Diplomat Golf & Tennis Club at 501 Diplomat Parkway in Hallandale Beach, Fla., to Maltese Diplomat Owner LLC for about $43.3 million, The Real Deal reported, citing property records.
* Stoltz Real Estate Partners bought the 20-story, 264,000-square-foot ServiceSource Tower at 201 4th Ave. N. in Nashville, Tenn., for about $43.3 million from Albany Road Real Estate Partners LLC, the Nashville Business Journal reported, citing a source involved in the deal.
* Murray and Dave Berman acquired the six-building, 140,000-square-foot South Shore Commons retail center at 2955 Veterans Road West on Staten Island, N.Y., for $41 million from Guido Passarelli & Son, The Real Deal reported, citing property records.
* Merlone Geier Partners LLC paid $29.7 million to an undisclosed private investor to acquire the 77,276-square-foot College Plaza Shopping Center at 2400-2520 E. Chapman Ave. in Fullerton, Calif., Commercial Property Executive reported.
* Campus Advantage Inc. acquired a six-property student housing portfolio spread across five universities and totaling 714 units, marking the investment of a $200 million joint venture with an undisclosed state pension fund.
* UMH Properties Inc. completed the acquisition of two all-age communities totaling 669 developed homesites on 231 acres in Anderson, Ind., for around $20.5 million, with approvals to develop 270 additional sites.
* Griffin-American Healthcare REIT IV Inc. bought the roughly 85,000-square-foot, 96%-leased Southfield Medical Office Building in Southfield, Mich., for $16.2 million.
* Extended Stay America Inc. acquired the newly built Extended Stay America Rock Hill hotel at 1835 Canterbury Glen Lane in Rock Hill, S.C., for an undisclosed amount.
Additional coverage
Dutch investor invests $100M in The Spiral in NYC
JLL Income Property Trust sells NC property for $75M
Nexus REIT to issue C$27.9M units to raise funds for Canadian property purchases
BTB REIT plans C$25M offering of new units for C$73M acquisition of 3 properties
