7-Figure+ Deals Closed in May
Want to keep a pulse on the latest commercial real estate transactions?
Below, we cover five 7-figure+ deals that closed in May.
$71,500,000 Newmark Knight Frank Multifamily Deal
On May 22, Chicago Title NCS announced they brokered the sale of an auto dealership in Orange County, CA, for $17,800,000.
$11,650,000 Matthews Real Estate Investment Services Multifamily Deal
On May 22, Matthews Real Estate Investment Services announced they brokered the sale of a multifamily property in San Fernando Valley for $11,650,000.
Matthews Real Estate Investment Services™ announces the sale of a #multifamily property in #SanFernandoValley for $11.65M. Senior Vice President & Senior Director, Daniel Withers, represented the seller in the transaction. Learn more here: https://t.co/QVRGESjobn#Matthews #CRE pic.twitter.com/veGZmSepTq
— Matthews™ (@Matthews_REIS) May 22, 2020
$4,650,000 B6 Real Estate Advisors Retail Deal
On May 27, B6 Real Estate Advisors announced they brokered the sale of a 12,000 SF single-story retail property for $4,650,000.
SOLD by Greg Melanson of @b6realestate! 2494 Flatbush Ave in Brooklyn, NY is a 12,000 SF single story retail property with 3 units and an 8,000 SF parking lot. The transaction closed for $4,650,000 within 30 days of contract execution all during the COVID-19 lockdown. #B6 #CRE pic.twitter.com/JMzOel4nYa
— B6 Real Estate Advisors (@b6realestate) May 27, 2020
$1,850,000 New York Multifamily at Marcus & Millichap Deal
On May 12, The New York Times reported that New York Multifamily at Marcus & Millichap brokered the sale of a “4,575-square-foot property in Bushwick” for $1,850,000.
The brokers representing the deal included Peter Von Der Ahe and Shaun Riney.