Business Specialties
Self-Storage REITs to Merge in $340M Deal
Strategic Storage Trust II will pay holders of Strategic Storage Growth Trust stock a total of $12 per share in cash.
Cap Rates Rise for Net Lease Retail, Office; Down for Industrial
The average cap rate for the single-tenant net lease retail sector has continued to increase all year and hit its highest level since 2015, The Boulder Group reports.
Portland Office Tower Changes Hands
American Realty Advisors and Unico Properties have teamed up to acquire MODA Tower, a 24-story building at 601 SW 2nd Ave. in the city’s downtown.
Why Sellers Should Run Due Diligence, Too
While still relatively rare, the practice can reduce the property’s time on the market, lower the risk of re-trades and improve the return.
Turbulence Creates Opportunities for Astute Investors, Developers
Case Real Estate Capital Founder & Managing Principal Sanford Herrick details how these market participants are overcoming capital constraints to achieve outsize returns.
Net-Leased Rite Aid Stores Offer Value—And Risk
Amid ongoing interest-rate hikes by the Federal Reserve, many investors are eager for these single-tenant assets’ above-average returns. Transwestern Associate Gavin Behr thinks properties occupied by the drugstore chain may fit the bill.
Navigating the Packed Alternative Lending Environment
Money360 President Gary Bechtel outlines the main aspects to consider when scouting for a non-bank lender and shares his predictions for 2019.
Goldman Sachs Sells CA Mall for $22M
A global insurance company has purchased the 330,000-square-foot regional shopping mall in Santa Maria, Calif., built in 1976 and spread across 6 acres.
Avison Young to Lease 281 KSF Office Space in Fort Lauderdale
A global real estate investment company has tapped Avison Young to lease the mixed-use 21-story tower. The property is currently 81 percent occupied.
DC Office Building Commands $157M
The Mount Vernon Triangle property was completed in 1973 and, following complete renovations in 2010, achieved LEED Platinum certification.