Sales Deals of the Week: Amazon Spurs Multifamily Investment Near HQ2
The top five sales across the country from June 24 to June 28
By The Editors July 1, 2024 6:00 am
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The biggest single asset sale last week was a 348-unit apartment building across the street from Amazon (AMZN)’s HQ2 in Pentagon City, Va. The property traded hands for $113.5 million. Aside from that, KKR dropped $2.1 billion to buy an 18-building multifamily portfolio while Americold Realty Trust picked up a nine-building cold-storage portfolio for $170 million.
| Amount | Address | Buyer | Seller | Brokers | Asset |
|---|---|---|---|---|---|
| $2.1 billion | 18-building portfolio | KKR | Quarterra Multifamily | N/A | Multifamily |
| $170 million | Nine-building national portfolio | Americold Realty Trust | Global Net Lease | N/A | Industrial |
| $113.5 million | 1201 South Eads Street; Pentagon City, Va. | Goldfarb Properties | Pantzer Properties | N/A | Multifamily |
| $89.4 million | 3000 and 3004 NW 130th Terrace; Sunrise, Fla. | Mesirow Financial | AMLI Residential | N/A | Multifamily |
| $55 million | 3774 Interstate Park Road North; Riviera Beach, Fla. | LBA Realty | Dalfen Industrial | N/A | Industrial |
Sales Deals of the Week reflect deals closed or announced from June 24 to June 28. Information on sales can be sent to editorial@commercialobserver.com.
1201 South Eads Street, 3004 NW 130th Terrace, 3774 Interstate Park Road North, Amazon, Americold Realty Trust, AMLI Residential, Dalan Management, Dalfen Industrial, Global Net Lease, Goldfarb Properties, LBA Realty, Mesirow Financial, Pantzer Properties
