Business Specialties
NYC Retail Property Changes Hands
The 8,730-foot retail building in the Jackson Heights neighborhood of Queens has a development potential of 35,000 square feet and traded for $7 million.
69 KSF Storage Facility Opens in KY
Absolute Storage Management is the manager of the recently completed, 515-unit self storage property located 13 miles from downtown Louisville, Ky.
Omega Healthcare to Acquire MedEquities
The deal represents a $600 million enterprise value for MedEquities and would diversify Omega’s properties and operators. Morrison & Foerster LLP advised MedEquities in the agreement.
Equus Capital Acquires Dallas-Area Office Building
The company purchased a 207,000-square-foot Class A property in Plano, which it plans to renovate and rebrand as Gateway of Legacy.
Three Street Realty Sells Greenwich Village Retail Asset
Compass represented both the buyer and the seller of the Manhattan property, which includes Dunkin Donuts and Verizon among its tenants.
Artisan Ice Cream Company to Add New Locations in NYC
Van Leeuwen signed six 10-year leases, planning to occupy spaces ranging between 500 to 1,700 square feet across Manhattan and Brooklyn.
Rexford Industrial Ends 2018 With 2 Deals
The Southern California REIT completed transactions totaling $29.9 million in metropolitan Los Angeles, where demand for distribution space remains at record levels.
Bridge Investment Group Acquires DC Office Complex
The 510,200-square-foot office complex in Silver Spring, Md., which comprises three buildings, will undergo a $12 million upgrade.
Seattle’s Original Rainier Brewery Gets New Owners
ScanlanKemperBard and ReCap Real Estate Investment purchased the historic mixed-use property that is home to more than 50 tenants in Seattle’s industrial Georgetown neighborhood.
Law Firm Inks 102 KSF Lease in Atlanta
Cushman & Wakefield arranged the lease for the 125-year-old Atlanta-based global client, in one of 2018’s largest Midtown leases.