Barbra Murray
Lexington Realty Sells Office Portfolio for $726M
The 3.8 million-square-foot collection of properties went to a joint venture in which the REIT owns a 20 percent interest.
Liberty Property Trust Buys $52M Inland Empire Industrial Building
The REIT purchased I-210 Logistics IV, a 426,300-square-foot property in Rialto, Calif., and subsequently leased the entire facility to engineering and logistics company CTDI.
MOB Sector Keeps Thriving
Demand for the specialty product is likely to stay robust for the long term, Marcus & Millichap predicts in a new report.
Kimco Realty Trades Colorado Shopping Center
The disposition is part of the retail REIT’s strategy of selling between $700 million and $900 million in assets this year.
Brennan, Arch Street Buy Multi-State Industrial Portfolio
Progressive Converting Inc. is the sole occupant of the three properties, which are located in the Green Bay, Wis., and Scranton, Pa., metropolitan areas.
Coworking Space on the Upswing
Cushman & Wakefield finds that inventory in the office niche has increased by 5 million square feet every year over the last three years.
TH Real Estate Sells Stake in Boston Tower for $210M
The investment manager sold a 49.9 percent interest in 501 Boylston St., a 610,000-square-foot office and retail property, to Norges Bank Real Estate Management.
HSA, Clarion Partners Break Ground on 758 KSF Chicago Warehouse
The partners will develop the state-of-the-art facility in Shorewood, Ill., at the Heartland Corporate Center along the I-55 corridor, where demand for industrial space remains strong.
Shea Properties Kicks Off 500 KSF Industrial Project in Orange County
Comprising nine buildings on the 25-acre former ITT campus in Santa Ana, Calif., the development will provide the local market’s first new industrial product in a dozen years.
L’Oréal Inks 240 KSF Lease in Southern California
Co-developers Majestic Realty Co. and Tejon Ranch Co. secured a commitment from the beauty company to house the distribution operations of its SalonCentric subsidiary.