Mitsubishi Electric Trane HVAC US, or METUS, has leased about 489,000 square feet at 2951 Orthodox St. in Philadelphia’s Bridesburg neighborhood. The company is a joint venture between Trane Technologies and Mitsubishi Electric, which sells…
Author: Matthew Preston
Airbnb has bought 281 Park Ave. S., the landmarked Church Missions House in the Gramercy neighborhood of Manhattan, N.Y., for a reported $81.5 million — the first building that the company has ever owned in…
Lift Partners has paid $25.75 million for 651 Martin Ave., a 7.17-acre industrial site in Santa Clara, Calif., purchasing it from an affiliate of Vantage Data Centers in a sale brokered by JLL. The San…
PwC has signed a 15-year lease for about 150,000 square feet at 2121 Avenue of the Stars, a trophy tower in Century City, Calif., owned by Irvine Company. The move won’t happen until 2028, when…
Kendall Capital has bought 18 Tremont St., a 12-story office building across from Boston Common, for $29.5 million. The buyer, a Boston firm that makes its living turning tired offices into apartments, paid 71% less…
A newly built warehouse leased entirely to Lowe’s has changed hands in Mesa, Ariz., in a deal that brokerage Cushman & Wakefield calls the largest single-building industrial sale in metro Phoenix this year. Developer CRG…
Olmstead Properties has completed its acquisition of 19 W. 44th St. for a reported $108 million, the firm's third Manhattan office purchase since November.
A 440,709-square-foot distribution warehouse in Deerfield Beach, Fla., has sold for $84.1 million as part of Reyes Beverage Group's absorption of RNDC's Florida operations.
LXP Industrial Trust has purchased the former University of Phoenix headquarters campus in Phoenix for $103 million — a 44% markdown from the $183 million that the seller paid in 2015. The campus at 4025…
In the largest single-property industrial sale seen in the Chicago market in more than five years, Realty Income has paid $124 million to acquire a 910,800-square-foot warehouse facility in University Park, Ill. The property, located…
