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The firm reports it paid $42.85 million for the eight-story, 233,166-square-foot, Class-A office property at 1111 West 22nd St. Located in the East/West submarket, the building is 93% occupied.

The purchase increases Preferred’s multifamily portfolio to 33 multifamily communities across 10 states. The company financed the acquisition utilizing a non-recourse first mortgage loan from MetLife Investment Management on behalf of a client.

This likely is the biggest office construction loan to ever close for a Brickell project.

The 18-story Soleste Grand Central apartment tower is set for delivery in two years.

Arroyo Energy Investors is moving from The Woodlands to 9,426 square feet on the fourth floor of CityPlace 1, which includes 122,500 square feet of office space and 27,000 square feet of retail.

SJP Properties has secured the firm to lease 47,892 square feet of retail space at 11 Times Square.

CCC will lease a 40,000-square-foot building in Lehigh Valley Industrial Park. The company has pledged to invest at least $9.5 million into the project.

The first of the VIA Centers broke ground at the Wellpoint Community at Hampton Cove in Huntsville, AL with immediate plans for three additional communities in Tennessee, Florida and New England.