Business Specialties
Thor Equities Acquires Life Sciences Building for $95M
SJP Properties sold the legacy manufacturing property in downtown Jersey City, N.J.
Miami Self Storage Portfolio Commands $44M Refi
Värde Partners provided the note for the three facilities, while Newmark Knight Frank represented the borrower.
Noble Investment Pays $58M for Nashville Hyatt
Truist Bank provided $52.1 million in acquisition financing for the newly opened hospitality asset.
Suburban Philadelphia Self Storage Asset Trades for $13M
After an expansion in 2016, the facility changed hands for nearly four times the price it had sold for in 2013.
Renewable Energy and the COVID-19 Factor
The pandemic has little-discussed implications for the supply chain that powers alternative energy projects in the U.S. and around the world.
Nareit’s Calvin Schnure on Coronavirus Effects
Commercial and multifamily real estate are showing signs of resilience, thanks in part to long-term leases, says Nareit’s chief economist.
Terreno Realty Expands California Presence
The company paid $18 million for a 66,000-square-foot industrial property south of Los Angeles.
GlenStar Adds 48 KSF Tenant at Chicago-Area Office Campus
A global supplier of configurable components will occupy two floors at the 308,086-square-foot office building.
Fort Lauderdale Retail Center Sells for $14M
The 84,655-square-foot property has Planet Fitness and La Colonia Medical Center as anchor tenants.
CenterPoint Properties Closes Blockbuster Deal
The off-market acquisition of 5600 E. Airport Drive in Ontario, Calif., marks one of the largest single-asset industrial transactions to close in Southern California in 10 years.