Deals
Kimco Realty Sells 2 Phoenix Shopping Centers
The REIT traded the 307,000-square-foot portfolio for nearly $27 million, with the buyer securing acquisition financing from CIBC Bank.
Hanley, RML Arrange Sale of IL Retail Asset
The property contains an Aspen Dental-branded practice and T-Mobile.
Creative Office Building in Boston Commands $46M
In a deal brokered by JLL, Brookfield Properties sold the Clarence H. Blackall-designed historic building.
Harbor Group Closes on $372M Jersey City Office Buy
The LeFrak Organization sold the 861,000-square-foot waterfront asset, with Morgan Stanley leading the $251 million acquisition financing.
Phillips Edison & Co. Expands Sacramento Footprint
The firm has acquired a Sprouts Framers Market-anchored shopping center in Sacramento’s North Natomas neighborhood.
Prologis Inks New Jersey Renewal, Expansion
Visual Graphics Systems will expand its footprint into 106,890 square feet in the Carlstadt/Rutherford submarket.
CRS Realty Buys 151 KSF Retail Asset in North Carolina
Hammerford Development Co. sold the property with help from JLL.
Montfort Capital Partners Buys Austin-Area Storage Facility
Marcus & Millichap brokered the sale of the 305-unit asset on behalf of a private investor.
Boeing Oklahoma City Campus Commands $125M
The 33.3-acre campus sold in one of the largest commercial real estate transactions in the metro’s history.
Lionstone Capital’s $123M Record-Breaking Acquisition
The sale of Continental Plaza in Hackensack, N.J., marks the highest price paid for an office building in Bergen County in more than five years.