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Thalhimer Realty Partners acquires apartments for $12 million Reports

Reports August 24, 2017  |  Print this page Thalhimer Realty Partners Inc. (TRP), the investment and development subsidiary of Cushman & Wakefield | Thalhimer, said Thursday that it has closed on the $12.1 million purchase of the Stratford at Williamsburg Apartments .The transaction was done through the Thalhimer Multifamily Fund , which was formed in late 2016.Stratford at Williamsburg includes 156 one- and two- bedroom apartment units . It’s located in Williamsburg along Route 60 near the College of William & Mary, Colonial Williamsburg and Williamsburg Premium Outlets .Amenties include a clubhouse, pool, dog park and playground. Thalhimer’s Residential Property Services will manage the property on behalf of TRP. Cindy Scanlan will serve as the portfolio manager responsible for the oversight of the property’s operations.

Selling points: SL Green sells office tower for $97M, Sutton Place building sold for $17M

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CBRE SL Green sells suburban office property for $97M SL Green and TH Real Estate have sold Stamford Towers in Stamford, CT for $97 million. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s Institutional Properties represented the sellers. CBRE Global Investors purchased the Property. Stamford Towers is comprised of two adjacent Class A office buildings located in the Stamford CBD, one block from the Stamford Transportation Center . The property is also near the 722,000 s/f Stamford Town Center Mall (anchored by Macy’s, Barnes & Noble, H&M, and Saks Off 5th) as well as dozens of restaurants and retails options. Stamford Towers is currently leased to institutional and high credit tenants , including Citigroup, UBS Financial Services , H/ 2 Credit Manager , Titan Advisors, Gerald Metals, Bank of Ireland, Oaktree Capital, Oppenheimer, CoreCommodity and Newmark, among others. Recent capital improvements include the addition of a fitness center and basketball court, c...