May 03, 2012 01:30PM The Buffalo Wings & Rings space at 1501 Collins Avenue in South Beach has sold for $4.65 million to California-based HP Investors. The deal represented an average price of $978 per square foot for the 4,800-square-foot, ground-floor space. Buffalo Wings & Rings is on a long-term lease at the property. The […]
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March 30, 2012 Written by Philippe Recto (precto@costar.com) Urdang Associates sold the Hawaiian Gardens Towne Center in Hawaiian Gardens, CA, to HP Investors LLC for $11.6 million or $147 per square foot. The retail property was reported to be only about 37.5 percent occupied at the time of sale. The shopping complex is 121,815 square […]
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Margaret Collins and Oshrat Carmiel March 10, 2011, 9:11 AM PST When Sumeet Parekh bought a retail property in Manhattan’s TriBeCa neighborhood in January, individual investors provided about a quarter of the financing.Morgan Stanley put up a little more than half of the $6 million purchase price, and Parekh contributed about $1.25 million. He got […]