Deals
SVN | KOVA Arranges Fort Myers Office Deal
SVN|KOVA and KOVA Property Management have been managing Alico Business Center since 2016, doubling its occupancy in two years.
IAC Properties Lands 100 KSF Tenant at Chicago-Area Facility
The building is located within the 1 million-square-foot IAC Chicago Market Center.
Office REIT Sells Maryland Portfolio for $62M
Two of the properties are in the Woodlawn area of Baltimore, while the third asset is in Rockville, about 17 miles northwest of Washington, D.C.
EPR Properties Seals Strategic Shift With $454M Deal
The company will use the funds from the sale of its charter schools to pivot into a portfolio focused on experiential real estate.
Class A Atlanta-Area Office Property Sells for $11M
NAI Brannen Goddard represented Pinnacle Cos., the seller of the 109,000-square-foot asset.
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.
Compass Self Storage Grows Florida Portfolio
The company has acquired a property comprising nearly 86,000 square feet of storage space in St. Augustine, Fla.
Newmark Knight Frank Represents Nordblom Co. in Boston-Area Acquisition
Executive Managing Director Michael Frisoli brokered the $6.4 million transaction. Jam Holdings Inc. was the seller.
CBRE’s New UK Debt Platform
The global brokerage has acquired Laxfield Capital, a London-based commercial property lending and debt investment management firm.
OmniTrax Kicks Off 2,700-Acre Savannah Industrial Park
A&R Logistics’ build-to-suit lease prompted the start of a 1 million-square-foot facility at the master-planned project, which has capacity for 18 million square feet of development.