Business Specialties
Columbia Property Sells Manhattan Office Asset for $333M
NYU Langone Medical Center has a 30-year triple net lease for the 390,000-square-foot building, which was recently converted for use as a multispecialty ambulatory care facility.
MCR Acquires Trio of Hilton Hotels Near University of Illinois
The U.S.’s seventh-biggest hotel owner-operator toasts the addition of three properties in Champaign, near the home of the Fighting Illini, including a Homewood Suites just steps from the campus.
OC Retail Center Sells for $30M
JLL has arranged the sale of a 77,276-square-foot shopping center located in Fullerton, Calif. The brokerage firm represented the seller.
DataBank Expands Pittsburgh Facility
The PIT1 facility, located within the recently redeveloped NOVA Place, will almost double in size with its upcoming 10,000 square feet of raised floor and an additional 1.5 megawatts.
Phoenix-Area Storage Facility Sells for $7M
Marcus & Millichap’s Tampa-based self-storage group, together with the firm’s Phoenix office, brokered the sale of the 722-unit asset located in Mesa, Ariz.
NKF Brokers Sale of 162 KSF Office in Las Vegas
Renovated between 2010 and 2015, the 12-story high rise is leased by various tenants, including Take Two Interactive Software and Zappos.
Greysteel Brokers Sale of Boutique Office Building in DC
An entity associated with Potomac Development Group purchased the asset, which is located in D.C.’s Mount Vernon Triangle neighborhood, for $2.1 million.
Parallel Capital Acquires Full Interest in AZ Office Tower
Two Arizona Center, a 20-story building located on one of the 16 acres comprising the mixed-use Arizona Center, offers 512,852 square feet and is fully leased to Arizona Public Service Co.
C&W Tapped to Lease PA Industrial Facility
Advance Realty and The Davis Cos. own the 675,000-square-foot property at 2750 Morris Road in Lansdale, which recently underwent a $5 million repositioning.
San Diego MOB Lands $14M Loan
The four-story medical facility spreads across two acres and is situated approximately 10 miles from downtown.