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HUNTINGTON BEACH, CA-Lincoln Property Company, in partnership with GEM Realty Capital, has acquired The Towers at Bella Terra, a 428,806-square-foot complex in Huntington Beach for $76 million from the building's lenders.
RALEIGH, NC-CREF Tribute LLC, a firm associated with Hartford, Connecticut-based Conerstone Real Estate Advisors LLC, has purchased The Tribute, a 359-unit apartment property in north Raleigh, for an amount of $55.85 million.
NEW YORK CITY-According to familiar sources, Coach Inc. has inked a nonbinding deal to lease roughly 600,000 square feet or one-third of a new office tower to be built by the Related Cos. at its proposed Hudson Yards development.
HOUSTON-NewQuest Properties of Houston has sold off some of its retail properties in Houston and other sections of Texas for $197 million to Inland American Real Estate Trust Inc.
FORT MYERS, FL-Edisto Group Ltd has sold Edisto Lake Apartments, a multifamily complex consisting of 376 units at 10770 Clear Lake Loop in Fort Myers, for $7,000,000.
NEW YORK CITY-Viking Global Investors has renewed its 25,000-square-foot lease and expanded its space by 15,000 square feet at 280 Park Ave., a 1.2-million-square-foot building at 48th Street.