Business Specialties
Carter Validus Sells Data Center for $315M
An affiliate of Digital Realty Trust LP is the new owner of a 250,000-square-foot data center situated in the Chicago suburb of Northlake, Ill.
Crestone Partners Buys Denver Office Tower
HFF arranged $70.7 million in financing for the acquisition of Granite Place at Village Center in Greenwood Village, Colo. The company secured the loan through Principal Real Estate Investors.
Engineering Work Concludes at Jefferson City’s The LINC
The 80,000-square-foot recreation and wellness center includes office space and meeting rooms, shared between Lincoln University and City of Jefferson’s Parks, Recreation and Forestry department.
Kennedy Wilson Buys $60M Portland Mixed-Use Community
The two four-story buildings offer a mix of studio, one- and two- bedroom units with an average rental rate of $1,851. The community also includes more than 6,000 square feet of retail space.
$1B Mixed-Use Detroit Redevelopment Breaks Ground
On the site of a former department store, the 1.1 million-square-foot development will feature Detroit’s tallest building, standing at 800 feet.
EquiCap Brokers Sale of IL Self-Storage Facility
The company represented the seller and the buyer, a Chicagoland-based operator, in the transaction. The Minooka, Ill., facility, All American Self Storage, fetched $2.3 million.
Irvine Co. Welcomes Ziegler to Chicago Office Tower
The investment firm plans to occupy the entire 20th floor at One N. Wacker starting mid-2018. The leased space totals 32,000 square feet.
Peace Corps Relocates DC Headquarters
Starting next year, the government agency will occupy five of the 12 floors of one of the trophy office buildings in the NoMa district. Savills Studley arranged the lease.
IKEA Names Contractors for Upcoming San Antonio Store
The new store will feature almost 300,000 square feet of space and is expected to open during the summer of 2019.
WeWork Signs 86 KSF for 1st Munich Location
Set to occupy four floors in Hines’ OSKAR building, WeWork was advised by NAI Apollo during the lease transaction.