Whole Foods 365-Anchored Retail Center Near Portland Sold

Oswego Village, a 102,809-square-foot, Whole Foods 365-anchored retail center in Lake Oswego, OR, has traded hands, for a reported $34 million. Charlotte, NC-based Asana Partners purchased the asset free and clear of existing debt from California-based Terramar Retail Centers. The 84.5%-leased center is located on 7.7 acres at 11 State St., along State Highway 43 in

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Nolita Condo Project Lands $72M Refi

NKF has arranged a $72-million floating-rate loan to refinance 75 Kenmare, a new condominium development in Nolita, on behalf of First Atlantic Real Estate, DHA Capital and AMS Acquisitions. The NKF team was led by Dustin Stolly and Jordan Roeschlaub, co-heads of debt & structured finance, along with managing directors Chris Kramer and Nick Scribani.

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Security Properties Snags Beaverton, OR MF for $84M

Seattle-based Security Properties purchased Arbor Creek, a 440-unit, Class-B garden-style community located in Beaverton, OR from Bay Area-based Jackson Square Properties for $84.3 million. It is Security Properties’ ninth asset acquisition in the Portland area. The property sits 25 minutes west of downtown Portland on 22 acres at 3280 SW 170th Ave., near the Nike World

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Harbor, Stockbridge Snag Historic Denver Asset

Harbor Associates, LLC acquired the Symes building in Denver in a joint venture with Stockbridge Capital Group. The $24.5-million all-cash deal involves an eight story, 98,976-square-foot office building located at Champa Street and the downtown 16th Street Pedestrian Mall. The property was built in 1906, was one of the first steel-framed buildings in Denver, and

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Russell Wilson, A-Rod Expand TruFusion Studios to Washington

Russell Wilson and Alex Rodriguez partnered with local entrepreneurs Scott Swerland and Taryn Naidu to bring rapidly-expanding TruFusion studios to Washington state. The ownership group plans on opening more than 10 locations across Washington over the next couple of years. TruFusion’s Alex Rodriguez says, “I only take group classes. That’s the one thing that makes

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Taco Bell Plans Pop-Up Palm Springs Hotel

Taco Bell Hotel is coming to Palm Springs, CA, offering fans of the QSR an unexpected and unforgettable visit to the Coachella Valley this summer. Beginning August 9 for a limited time, doors will open at The Bell: A Taco Bell Hotel and Resort. The pop-up concept reimagines what a hotel stay can be, unveiling

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130K-SF Utah Office Goes to Vectra Management

Vectra Management Group (VMG) acquired a 130,000-square-foot office building at 888 S. University Park Blvd. in Clearfield, UT. The 15-year-old property was originally occupied by Northrop Grumman Corp. The building was renovated in 2014-2015. According to Davis County records, special servicer LNR Property LLC of Miami Beach, FL was the previous owner. The sales price

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Carlyle, Stonehenge Recapitalize Ritz Plaza

The Carlyle Group’s Carlyle Property Investors fund and Stonehenge NYC have recapitalized The Ritz Plaza, a 479-unit Times Square apartment building that Stonehenge has owned and managed since 1996. The Carlyle fund is taking a majority stake in the property for a reported $251 million, financed with a $235-million first mortgage from Deutsche Bank. Hodges

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Land Deal Finalized, Clears Path for Worcester, MA Ballpark

Wyman-Gordon Company finalized the sale of an 18-acre land parcel near Kelley Square in downtown Worcester, MA. The property was sold to Boston-based Madison Downtown Holdings LLC, which plans to redevelop the former industrial site. The project includes plans for a new apartment building, two hotels, retail space, restaurants and a 10,000-seat ballpark that is

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