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…
Author: Matthew Preston
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…
Columbia Container Lines LAX, Inc. has signed a 68-month lease for 156,096 square feet of industrial space at 691-701 Burning Tree Road in Fullerton, Calif., in a deal valued at more than $13.6 million. The…
Consolidated Supply Co. — a fourth-generation, wholesale plumbing and water works distributor headquartered in Tigard, Ore. — has signed a full-building lease for 276,092 square feet at Woodland Industrial Park, a speculative, two-building development under…
Law firm Cleary Gottlieb Steen & Hamilton has signed a 20-year lease renewal for 475,000 square feet at One Liberty (formerly One Liberty Plaza), Brookfield Properties’ 2.3-million-square-foot Financial District tower at 1 Liberty Plaza in…
RJW Logistics Group has signed a 10-year lease for a 1.2-million-square-foot, build-to-suit warehouse at Karis Park West in Montgomery, Ill., a western suburb of Chicago. JLL, which represented both parties, announced the deal last week.…
San Francisco-based Spear Street Capital has acquired 74 Eighth Ave., a 10-story office building at the corner of Eighth Avenue and West 14th Street in Manhattan, N.Y., for $50.5 million. The seller was New York…
The BMO Tower incorporates 1.5 million square feet of premium Chicago office space and will be home to Qube Research & Technologies' third U.S. office.
The East Pompano Industrial Center, located in the Fort Lauderdale industrial submarket of Pompano Beach, recently changed hands in a record deal for the South Florida region.
The tower had seen significant leasing success in the months prior to the closing and was approximately 85% leased at the time of sale.
