Deals
Hanley Investment Closes Raising Cane’s Deal in St. Louis
This represents Hanley`s fifth deal involving the quick-service restaurant chain in the last 18 months.
Stockbridge Adds 8.7 MSF to Growing Industrial Holdings
PGIM Real Estate Finance facilitated the multi-state transaction valued at some $800 million.
Sacramento Retail Center Sells for $21M
Marcus & Millichap brokered the sale of Strawberry Creek, a 57,373-square-foot asset shadow-anchored by Target.
CapRidge Sells Charlotte Office Property for $36M
Synovus Bank provided the buyer of the 173,000-square-foot asset with nearly $25 million in acquisition financing.
Frederick Health Acquires 387 KSF Office Building
The health-care provider was represented by Fitzgerald Realty Group in the purchase of the property that is located on a 93-acre site, formerly occupied by State Farm.
Strategic Storage Trust IV Buys Multi-State Portfolio
The REIT’s acquisition encompasses 3,500 units totaling 326,000 square feet in Florida, Virginia and North Carolina.
Welltower to Buy MOB Portfolios for $1.7B
The REIT will hold the title of the nation’s largest medical office property owner upon completion of five separate deals comprising 3.5 million square feet.
Swift Real Estate’s $193M Office Portfolio Acquisition
JLL Capital Markets represented the seller, PGIM Real Estate, and secured the buyer with a $161 million loan through Nuveen Real Estate.
PGIM Sells 206 KSF San Diego Trophy Building
Terraces changed hands for the first time and was fully occupied at closing.
Las Vegas Office Building Trades for $19.5M
Pacific Oak SOR II sold the Class A asset acquired four years ago by KBS Realty Advisors for $13.4 million, according to Yardi Matrix data. Pacific Oak recently took over three REITs established by KBS.