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Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

by Phil Hall | Nov 18, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Fourth Avenue Capital announced its acquisition of two multifamily properties in the Portland metro area. The company acquired 140 Sacramento, a newly constructed Class-A townhome property in Portland that was built in 2023. All units in the project are 3-stories tall...
Advan Research Corp. Acquires Real Estate Intelligence from RetailStat

Advan Research Corp. Acquires Real Estate Intelligence from RetailStat

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Advan Research Corp., a provider of foot traffic and transaction data analytics in the financial, real estate and retail industries, announced its acquisition of Real Estate Intelligence (REI) from RetailStat, a retailer health data and analytics company. REI is the...
Jim Henson Studio Lot Sold to John Mayer and McG

Jim Henson Studio Lot Sold to John Mayer and McG

by Phil Hall | Nov 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Grammy-winning singer John Mayer and filmmaker McG have teamed up to purchase the historic Jim Henson Company studio property in Hollywood. The Hollywood Reporter announced the sale, although the purchase price was not disclosed. Nor is it certain how Mayer and McG...
Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion

Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion

by Phil Hall | Nov 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction valued at...
70,680 SF Industrial Property in New Jersey Sells for $20.9 Million

70,680 SF Industrial Property in New Jersey Sells for $20.9 Million

by Phil Hall | Nov 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Dora’s Naturals, a distributor of natural and organic perishable products, has acquired a 70,680-square-foot industrial property in Moonachie, New Jersey, from KBC Advisors for $20.9 million. Built in 1985 on a 3.47-acre parcel, the property is accessible to Routes...
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