Lucia Morosanu
The Swig Co. JV Sells LA Creative Campus
In the $39.2 million deal, Alexandria Real Estate Equities acquired Bristol 61 in Culver City after the sellers modernized and rebranded the asset.
LA Storage Facility Secures Construction Loan
World Class Capital Group and Barings received $30 million in financing for a 188,600-square-foot project in the city’s Chinatown neighborhood.
Indianapolis-Area MOB Changes Hands
Montecito Medical expanded its portfolio with a Class A, 42,000-square-foot asset in Greenwood, Ind. Two health-care tenants fully occupy the two-story building.
Sitex Group Acquires NJ Industrial Facility
A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer’s third recent acquisition in the area.
Yotelpad Miami Breaks Ground
The 327,400 square-foot mixed-used asset will include 231 condos and 222 guestrooms. Aria Development Group and Aqarat expect the project to be completed in 2021.
Westmount Sells Baltimore-Area Industrial Park
The company sold Logistics Pointe BWI in Hanover, Md., a 357,700-square-foot light industrial and distribution center, following a capital improvement program.
Atlanta Hotel Receives $36M Refi
Knighthead Funding originated the loan for the refinancing of Kimpton Overland Hotel. Adjacent to Hartsfield-Jackson International Airport, the asset opened in 2017.
FL Industrial Park Sells for $49M
A joint venture led by Blue Vista Capital Management acquired an 820,000-square-foot property in Longwood. The asset offers easy access to the northern Orlando metro.
Ware Malcomb Completes Renovations at San Diego Tower
Owned by LaSalle Investment Management and managed by Hines, the 22-story asset boasts an upgraded lobby, with improvements also including work on the exterior and amenities.
Thackeray Partners JV Sells NC Distribution Center
Boston-based NorthBridge Partners acquired North 70 Distribution Center. The 260,000-square-foot facility in Durham was fully leased at the time of sale.