Business Specialties
Apartment Income Investors Trades Inland Retail Asset
A private investor paid $24 million for the roughly 100,000-square-foot Thomas Winery Plaza in the Inland Empire in an all-cash transaction.
Tempe Office Building Changes Hands
JLL represented the seller, Hannay Realty Advisors, in its disposition of Warner Courtyards. The former owner will continue to manage the asset.
Warfield Cos. Buys, Rebrands Historic Complex
The property comprises 12 buildings, three of which have been renovated and leased. The new owner will add a strong residential component and rename the complex Warfield at Historic Sykesville.
Crown Realty Buys $32M OR Office Property
Sunset Corporate Park III in Hillsboro comprises more than 100,000 square feet and is 100 percent leased to Wells Fargo. NKF arranged the deal on behalf of the seller.
Transwestern Completes Full-Building Phoenix Lease
Desert Canyon 300, a three-story, 150,000-square-foot Class A property, will serve as the tenant’s new information technology corporate office.
Coworking Goes Corporate
What began as a short-term solution for small start-ups has expanded into the corporate world, saturating the entire office market. Will coworking become the new norm for office space?
Iron Mountain to Build 550 KSF Phoenix Data Center
The company will double the available IT capacity of its Phoenix campus, which will be scalable up to approximately 100 MW.
Inland Real Estate Buys 2 Phoenix-Area MOBs
Located at 220 S. 63rd St. in Mesa and 3940 S. Alma School Road in Chandler, the buildings comprise a total of 25,340 square feet.
Coconut Grove to Welcome Luxury Hotel
The Italian coast-inspired project, which is scheduled for completion in late 2018, will feature a wide array of amenities in the heart of Miami’s historic neighborhood.
TA Associates Sheds SoCal Office
MGR Realty bought Empire Towers V, a nearly 125,000-square-foot Class A building in the Inland Empire for almost $30 million. NKF Capital Markets represented the seller in the transaction.