Business Specialties
Philadelphia Industrial Property Trades for $9M
The Hampshire Cos. has sold the 86,315-square-foot property to Mountain Development Corp.
Industrious to Manage Thor Equities’ Manhattan Coworking Space
Industrious will manage Thor’s shared workspace platform at a historic Midtown building.
Welltower Sells Durham MOB for $33M
The 67,644-square-foot Croasdaile Commons is home to Duke Health and is within 2 miles of Duke University Hospital.
CIT Group Provides $21M Loan for MOB Portfolio
Acting through its Healthcare Finance unit, the banking group came through with financing for Ridgeline Capital Partners’ acquisition of a 100,000-square-foot collection of assets predominantly leased to dialysis centers.
San Diego Retail Asset Sells in 1031 Exchange
The buyer paid $22 million for the triple-net-leased property, while on the other side of the deal was the sale of a multifamily community in metro Los Angeles.
Duke Realty Inks Major Inland Empire Lease
The logistics REIT landed a full-building tenant for its Perris, Calif., property that is expected to come online in September 2020.
Aldi to Open New Central Florida Location
The grocery store chain leased almost 20,000 square feet at Sabal Pointe Plaza in Merritt Island.
Triarch Capital Lands $35M Refi for Miami-Area Asset
The firm paid $53 million for One Turnberry Place in Aventura almost a decade ago.
COVID-19 Creates CRE Opportunities for LatAm Investors
Claudio Mekler, founder of Miami Manager, explains how the current crisis enables foreign investors to take a more active role in the U.S. real estate market.
Some US Megaprojects Power Through in the New Normal
Multibillion-dollar developments across the country are adapting to challenges brought by the health crisis.