CHICAGO, IL - JLL Capital Markets announced today that it handled the $70.8 million sale of The Jamison, a luxury, newly developed apartment community located in Kissimmee, Florida.
JLL represented the seller, Debartolo Development LLC and Upshot Capital Advisors, LLC, in the sale to Lexin Capital, LLC, a private investor based in New York.
Completed in 2020, The Jamison totals 334,215 square feet and consists of 315 studio, one-, two- and three-bedroom units. The property comprises seven residential buildings with seven garage buildings for parking and a clubhouse. Boasting luxury market-leading finishes, all units are equipped with smart home technology, stainless steel appliances, granite countertops and screened-in balconies or solariums. Community amenities include a swimming pool with cabanas and the clubhouse, which includes game rooms and a fitness center. Additionally, the property is pet-friendly, offering indoor and outdoor grooming stations and a dog park.
Real estate transactions: Investors buy Houston apartment complexes
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MLG Capital acquired the Heights at Harper’s Preserve, a 328-unit apartment community at 17116 Harpers Trace in ConroeMLG CapitalShow MoreShow Less
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Madera Residential acquired the 620-unit Domain and Lofts at CityCentre at 811 Town and Country Blvd.PCCPShow MoreShow Less
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CenterPoint Properties purchased a 601,261-SF building on 31-acres at 3507 Pasadena Freeway in Pasadena from Link Logistics Real Estate.JLL Capital MarketsShow MoreShow Less
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GenWealth Capital has selected Allied Orion Group to manage Los Prados Apartments, a 264-unit apartment community at 125 Dyna Drive in north Houston.Allied Orion Group / Allied Orion GroupShow MoreShow Less
February 08 2021
Microsoft Corp. has reportedly signed a lease for an 85,000-square-foot building in Hillsboro.
The Redmond, Washington-based tech giant s lease is for the Ambercreek Building, located at 9800 N.E. Gibbs Drive.
The Portland Business Journal originally reported Microsoft s lease in Hillsboro in late December.
The company has long been searching for space in the Portland metropolitan area for its cloud division, the Portland Business Journal has also reported.
Pamplin Media Group has reached out to Microsoft for comment.
Microsoft doesn t have an active business license in Hillsboro, a city spokesperson said.
Marketing materials for the Ambercreek Building say it has been on the market for four months and highlight its access to public transit, outdoor spaces and Highway 26.