Mass. retail deal tops $136 a square foot

NAI Hunneman Commercial negotiated the sale of a 71,000-square-foot retail building in Lexington, Mass., for approximately $9.7 million.

Boston-based Cresset Lexington LLC purchased the property from APCA Lexington LLC.

The property, located at 475 Bedford St., was net leased to Boston Sports Clubs at the time of sale.

Seattle-area retail plaza sold to Californian

Everett Village Center, a 121,557-square-foot retail plaza in Everett, Wash., has sold for $21.7 million.

A private investor from Southern California purchased the asset from Irvine, Calif.-based Steadfast Cos.  more...

Cantamar Apartments sale completed

Marcus & Millichap brokered the sale of the 180-unit Cantamar Apartments complex in Glendale, Calif., for approximately $23.8 million.

A company created by investor Norman Spieler sold the property to investor Daniel Tenn.

Built in 1997, Cantamar is located at 16630 North 43rd Ave. The property consists of 180 garden-style apartment units on a 9.4-acre site just south of Bell Road.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage operating nationwide.

STAG Capital enters Texas market

STAG Capital Partners recently purchased two large warehouse facilities in El Paso, Texas, for an undisclosed price.

The subject properties, consisting of 269,245 square feet, are located adjacent to each other at 12 Leigh Fisher Blvd. and 47 Butterfield Circle. Rated class A, they are situated on approximately 13 acres and were fully leased to Yazaki North America Inc. at the time of sale.

BK Fisher LP sold the buildings.

STAG Capital Partners actively acquires warehouse, flex, manufacturing and office buildings nationwide.

Another Wells REIT II purchase

Wells Real Estate Investment Trust II Inc. on Wednesday announced it purchased the Eagle Rock Executive Office Center IV in East Hanover, N.J., for an undisclosed price.

Invesco sold the three-story, 178,000-square-foot building, which is located in Eagle Rock Executive Park.

The property, built in 1990, was 95 percent leased at the time of purchase, with multinational human resources and payment solutions company Ceridian among the tenants.  more...

Indiana luxury apartments find buyer

The Fields, a 285-unit luxury multifamily community in Bloomington, Ind., has sold for $34 million.

A partnership sponsored by Abodes, a Bloomington-based developer of residential and commercial real estate, sold the property to Inland American Real Estate Trust Inc.  more...