Deals
Three Pillar Communities Secures $11M Loan for California Mobile Home Park
Berkadia originated the loan for Voyagers Cove, one of the 29 manufactured housing communities the company owns and operates.
Equinix Expands Canadian Holdings With $750M Deal
The company plans to buy 25 facilities at 13 Bell data center sites in eight metros, including Toronto and Montreal.
Avison Young Brokers Virginia MOB Deal
Principal Jim Kornick spearheaded the disposition of the 53,430-square-foot asset in Fairfax.
Slate Retail Closes $90M Portfolio Purchase
The REIT paid nearly $17 million less than the total specified in the original purchase and sale agreement for the 623,800-square-foot collection of grocery-anchored properties.
Boston-Area Industrial Property Commands $51M
Service Properties Trust will use the proceeds from the sale of the 675,000-square-foot building in Canton to repay debt.
City of Hope Acquires $108M SoCal Development Site
The Los Angeles-area cancer treatment institution will create an additional campus with the transformation of an existing building and construction of a new hospital.
CIM Group Buys 1.1 MSF Fort Worth Industrial Asset
The company has purchased Junction 20/35, a warehouse-distribution center featuring dry and cold storage.
TikTok’s Manhattan Lease Ends COVID Cold Spell
The app’s Beijing-based parent company inked a 232,000-square-foot deal with The Durst Organization, owner of the 48-story One Five One, a Midtown office tower.
Black Creek Group Buys 671 KSF Indianapolis Industrial Facility
Completed in 2019, the Class A property is adjacent to Interstate 74 and is leased to Radial Inc.
Park Street Partners Sells Kansas MHC Portfolio
Capstone Manufactured Housing has arranged the $20 million disposition of three manufactured housing communities in the Wichita area to a California-based operator.