On the Market: This Week’s 5 Most Interesting CRE Listings

Check out this week's most interesting CRE listings across the country.

On the Market is a new department curating the week’s most interesting for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Mallory Bulman, Associate Editor.

hawthorneThe Hawthorne

Location: Phoenix, Ariz.

Offering Price: $26 million

Price/Unit: $142,857

Price/SF: $152.40

Units: 276

Year Built: 1996

Renovated: 2009/2015

Features: Class A property; mix of one-, two- and three-bedroom units; location in Midtown Phoenix near employment sector; walking distance to light rail, entertainment, restaurants and retail; strong demographics and income in North Central Phoenix submarket; 3D tours available here.

Contact: Rue Bax, ABI Multifamily, 602-714-1406

tesoroTesoro Apartment Homes

Location: Redlands, Calif.

Year Built: 1989

Units: 188

Building Size: 152,996 SF

Property Size: 10.99 acres

Highlights: Apartments average 814 square feet; close proximity to retail centers Citrus Plaza and Mountain Grove at Citrus Plaza; average occupancy in Redlands of 97.9 percent; convenient access to Interstate 10 and the 210 Freeway; property is free and clear of debt.

Contact: Stewart Weston, IPA, 949-419-3287

Atlantic Heightsatlantic heights

Location: Barnegat, NJ

Units: 310

Building Size: 336,961 SF

Year Built: 2004

Highlights: Unit mix of two- and three-bedroom townhomes; all units feature oversized windows, gas ranges and a full-size washer and dryer; located right off the Garden State Parkway with easy access to adjacent employment centers like Toms River, Monmouth County, North Jersey and New York, NY; schools within walking distance.

Contact: John McFadden, CBRE, 610-251-5118

miller grandThe Miller Grand Ballroom Building

Location: Brooklyn, NY

Building Price: $55 million

Units: 35

Price/Unit: $1,571,428.57

Lot Size: 15,400 SF

Occupancy: 100 percent

Highlights: 29 free market residential lofts; six tenanted commercial spaces; basement space with 10-foot ceilings; located on the south side of Williamsburg in close proximity to new Apple and Whole Foods grocery stores; located close to both the L and JMZ subway lines.

Contact: Dan Brady, the Corcoran Group, 917-202-5609

5 hundred falls5 Hundred Falls

Location: Quincy, Mass.

Units: 171

Building Size: 175,649 SF

Year Built: 1997

Highlights: Amenities include a clubhouse with lounge, kitchen, fitness center, conference room and WiFi, and a heated swimming pool, spa and sundeck; renovations in 2012 upgraded 143 of the 171 units; convenient access to MBTA Red Line train service, I-93 and I-95.

Contact: Biria St. John, CBRE New England, 617-912-6924


You May Also Like

The latest multifamily news, delivered every morning.

Most Recent