Deals
Alcoa To Sell Arkansas Hazardous-Waste Facility
Under the agreement, the company will receive $200 million in cash at closing, plus a further $50 million if certain post-closing conditions are met.
DC-Area Office Portfolio Changes Hands for $19M
Newmark Knight Frank’s Larry FitzGerald and Cole Spalding represented the seller in the deal.
Quantum Real Estate Arranges Sale of 138 KSF Chicago Retail Center
President Chad Firsel and Vice President Jason Lenhoff worked on behalf of the seller.
Core London Office Asset Trades for $223M
Madison International Realty sold Five Acre Square, a 224,000-square-foot building in one of the metro’s most sought-after submarkets.
Walmart-Leased Inland Empire Asset Changes Hands
Avison Young acted on behalf of both parties. The 102,320-square-foot industrial property last traded in 2015 for $7.4 million.
Blackstone Takes $89M Financing for Big Nashville Buy
The firm bought the 490,000-square-foot property in the largest Music City office deal of the past six years.
VanWest Expands Self Storage Portfolio
Despite dropping rents throughout the U.S. self storage market, the investment firm has completed two acquisitions in Walkertown and Salisbury, N.C.
Net-Leased Supermarket Portfolio Trades for $150M
Winstanley Enterprises and Surrey Equities acquired 23 NNN grocery assets on the East Coast.
Howard Hughes Spends $565M in Houston
The portfolio includes the former headquarters of Anadarko Petroleum and ConocoPhillips, plus a warehouse and developable land.
Storage Post Self-Storage Expands New Jersey Portfolio
The company has purchased a three-story facility in a high-barrier market, with plans to fully renovate the property for a Class A offering.