Tag Archives: Citybizlist

Ashford JV Paying $1.3B for Highland Hospitality Portfolio – Citybizlist Real Estate

Ashford JV Paying $1.3B for Highland Hospitality PortfolioCitybizlist Real EstateThe 8084-room acquisition is equal to a 13.4x EBITDA multiple for 2010 and a 6.1 percent cap rate. Ashford secured a 71.74 percent interest, paying $150 million in cash for its … Continue reading

Posted in News | Tagged , , , , , , , , | Leave a comment

KLNB Tapped to Sell 2213-2241 Monument St Portfolio in Baltimore – Citybizlist Real Estate

Citybizlist Real Estate KLNB Tapped to Sell 2213-2241 Monument St Portfolio in BaltimoreCitybizlist Real EstateThe project, which has been priced at $5.6 million, produces a Cap Rate of 9.8%. Gil Neuman of KLNB Retail Investment Sales is overseeing all sales … Continue reading

Posted in News | Tagged , , , , , , , , , | Leave a comment

IIT Under Contract on Solo Cup’s Atlanta Distribution Center for $33.8M – Citybizlist Real Estate

IIT Under Contract on Solo Cup's Atlanta Distribution Center for $33.8MCitybizlist Real EstateThe estimated aggregate weighted-average purchase price capitalization rate for the portfolio is approximately 7.7%. A subsidiary of Industrial Income Trust Inc. has entered into an agreement to acquire … Continue reading

Posted in News | Tagged , , , , , , , , , | Leave a comment

WRIT Exiting the Industrial Real Estate Business – Citybizlist Real Estate

WRIT Exiting the Industrial Real Estate BusinessCitybizlist Real Estate"When it's under leased people are paying you a lower cap rate on in place numbers because they're assuming that they can lease it up. I would assume the same thing would … Continue reading

Posted in News | Tagged , , , , , , , , | Leave a comment

Five Ground-Leased Pads at Camden Town Center Fetch $6M – Citybizlist Real Estate

Five Ground-Leased Pads at Camden Town Center Fetch $6MCitybizlist Real Estatebased developer. The largest transaction was $1.53 million for at Texas Roadhouse at 4568 S. DuPont Highway. The cap rate was 7.52 percent. read more

Posted in News | Tagged , , , , , , , , , | Leave a comment

Out-of-State Investors Buy 36303-SF Complex for $2.2M – Citybizlist Real Estate

Citybizlist Real Estate Out-of-State Investors Buy 36303-SF Complex for $2.2MCitybizlist Real EstateInc. The going-in cap rate is 10.86 percent. Derrick Dougherty, Jeffrey Algatt and Benjamin Appel in the Philadelphia office of Marcus & Millichap Real … read more

Posted in News | Tagged , , , , , , , , , | Leave a comment

Newly Built Best Buy in Doral, FL Listed for $19.9M, 7.25 Cap Rate – Citybizlist Real Estate

Newly Built Best Buy in Doral, FL Listed for $19.9M, 7.25 Cap RateCitybizlist Real EstateThe listing price of $19.9 million represents a 7.25 percent capitalization rate. Adam J. Tiktin, a vice president investments in the Miami office of Marcus … … Continue reading

Posted in News | Tagged , , , , , , , , , | Leave a comment

Newly Built Best Buy in Doral, FL Listed for $19.9M, 7.25 Cap Rate – Citybizlist Real Estate

Newly Built Best Buy in Doral, FL Listed for $19.9M, 7.25 Cap RateCitybizlist Real EstateMarcus & Millichap has secured the listing for a 48813-square foot Best Buy retail store in Doral. The listing price of $19.9 million represents a 7.25 … Continue reading

Posted in News | Tagged , , , , , , , , | Leave a comment

Artis Spends $38M on Fully Leased Office Assets in NY, FL – Citybizlist Real Estate

Artis Spends $38M on Fully Leased Office Assets in NY, FLCitybizlist Real EstateThe purchase price of $17.6 million represents a going-in capitalization rate of 9.0 percent. Also on December 30, 2010, Artis acquired the Mosaic Building, …Artis to buy 3 … Continue reading

Posted in News | Tagged , , , , , , , , , | Leave a comment

Artis Spends $38M on Fully Leased Office Assets in NY, FL – Citybizlist Real Estate

Artis Spends $38M on Fully Leased Office Assets in NY, FLCitybizlist Real EstateThe purchase price of $17.6 million represents a going-in capitalization rate of 9.0 percent. Also on December 30, 2010, Artis acquired the Mosaic Building, …Artis to buy 3 … Continue reading

Posted in News | Tagged , , , , , , , , , | Leave a comment