Business Specialties
Elliott Bay Capital Trust Sells Dialysis Portfolio for $143M
A REIT has acquired the collection of 50 health-care properties across 22 states.
Phoenix Property Investors Closes $1.2B Fund
The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.
Rockefeller Group JV Wraps $60M Sale of New Jersey Asset
SHI International, an IT solutions provider, is the new owner of a building at Rockefeller Group Logistics Center in Piscataway, N.J.
Gerding Edlen Pays $132M for Historic Portland Asset
The 1928-built, 265,000-square-foot city center property changed hands for the first time in more than 25 years.
Denholtz Properties Expands Florida Footprint
The firm secured $20.6 million in financing from BankUnited for the acquisition of Deerfield Corporate Park.
Innovo Property Group Closes $438M Recap in Queens
The firm brought in a Hong Kong-based equity partner for a 830,000-square-foot mixed-use asset.
Avison Young Brokers Sale in Growing Submarket
The firm’s Florida Capital Markets Group handled the sale of two multi-tenant industrial buildings totaling 59,687 square feet and located in Coral Springs.
Marcus & Millichap Represents Miami Investor in MOB Sale
Douglas Mandel, Benjamin Silver and Adam Klein arranged the $33.2 million deal on behalf of Leonard Boord.
Newmark Knight Frank Expands Chicago Capital Markets Team
Executive Managing Director James Postweiler and Senior Managing Directors Peter Harwood and Derek Fohl specialize in office investment transactions for institutional, corporate and private real estate owners throughout the Midwest.
Construction Launches at Denver Hotel
Scheduled to open in 2021, the yet-to-be-named hotel is situated in the metro’s RiNo neighborhood.