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KIRKLAND, WA-A separate account client of Morristown, NJ-based SSR Realty's Multi-Housing business unit acquires the 161-unit property from an affiliate of SECO Development Inc. The sale price was $31 million.
EL MIRAGE, AZ-A local exchange buyer swapped some San Diego condos for a 22,938-sf recently built strip mall here, buying out the property's developer less than two months after the plaza was completed.
PHILADELPHIA-In separate transactions, InterPrint pays $54.29 per sf for an industrial building in Keystone Industrial Park and Bucks County Courier Times buys 12 acres for a new plant in Penn Warner Industrial Park.
CHELSEA, MA-Mass General Imaging Chelsea, signed an eight-year lease for the space at the Harbour Pointe East building. ACS Development relocated a number of the existing tenants to provide the necessary space for the facility.
SOUTH BRUNSWICK, NJ-The new owner, which has been on a buying spree, will redevelop the site and its existing 200,000-sf industrial building as a 440,000-sf facility.
ST. PAUL-Gov. Tim Pawlenty has told Vikings owner Red McCombs that his chances of a state-supported new stadium would be dashed if he moves his team's summer training camp across the state's border.
BOSTON-The building is home to Partners HealthCare Systems Inc and to a number of retail tenants with long-term leases, resulting in the building being more than 90% pre-leased.
WYTHEVILLE, VA-Local auto steering components developer Wytheville Technologies Inc. decides to expand right at home, adding 150,000 sf to its current manufacturing facilities in Wythe County Progress Park.
ORLANDO-The Houston-based REIT pays BVT Chapel Hills LTD of Atlanta $128.76 per sf for the two-year-old, 246,369-sf Westland Terrace Plaza in an affluent western submarket of the city. A 178,415-sf SuperTarget in the shopping center was not part of the deal.
SYLMAR, CA-Superior Auto Accessories purchases two contiguous industrial buildings totaling 50,000 sf at the Roxford Business Center from Roxford Business Center LLC. A remaining building is in escrow.