Contact Us
News

Dweck Buys Gramercy at Metropolitan Park for $190M

CBRE's Andy Boyer has confirmed that Ralph Dweck has acquired the 399-unit Gramercy at Metropolitan Park (pictured) from Clarion Partners for $190M. This comes on the heels of reports that he purchased North Track Lofts for $68.3M just days ago. The Gramercy was delivered by Kettler in 2007 and includes 11k SF of street-level retail, GlobeSt reports. That same year, ING Clarion purchased it for $200M. Dweck has made quite a few notable transactions recently, including the $500M sale of America's Square, and the 422,354 SF Lincoln Square, which sold for around $300M. [GlobeSt]