Lucia Morosanu
Hudson Advisors Sells Chicago-Area Office Building
The new owners financed the acquisition of the 141,186-square-foot asset through a $9.6 million loan from Calmwater Capital.
Lincoln Property, Crow Holdings Pay $30M for San Diego Industrial Portfolio
The partnership intends to revamp the existing three buildings and redevelop parts of the property. The seller will lease back the asset.
Lee & Associates Arranges Los Angeles Office Sale
Principals Jay Rubin and Scott Silverstein represented both parties in the transaction. The new owner intends to reposition the 50,234-square-foot Marin Corporate Center as a Class A medical office asset.
Washington Prime Group JV to Develop Youngstown Mixed-Use Project
The athletic and entertainment green space and event venue will be located on the site of a former Sears department store.
HCP to Acquire Cambridge Building for $333M
The Davis Cos. and Invesco Real Estate developed the LEED Gold-certified property in 2018. The transaction is expected to close by year-end.
Cushman & Wakefield Closes $12M Ft. Lauderdale Office Sale
Scott O’Donnell, Dominic Montazemi, Greg Miller, Miguel Alcivar, Jason Hochman and Michael Ciadella worked on behalf of the seller, an investment fund associated with Netz USA.
Admiral Capital Group Grows Dallas Office Portfolio
The seller developed the 249,564-square-foot Fourteen555 last year and will continue to manage the property.
Weston Urban Buys Downtown San Antonio Office Property
The roughly 52,000-square-foot asset is close to several governmental offices. A JLL team represented the seller, a local investor.
CBRE Adds First Tenants to Houston Mixed-Use Development
Senior Associate Lacee Jacobs and Associate Laura Harness represented the landlord. The four new leases bring Marcel District to 67 percent occupancy.
MOB Trades for $10M in Alabama
Grandbridge Real Estate Capital originated an $8 million, 10-year acquisition loan for the new owner.