Deals
Marcus & Millichap Brokers Texas Storage Deal
The company’s Fort Worth-based Karr Self Storage Group arranged the sale of a 611-unit property in Odessa.
Hines Sells Kierland One Office Building in Phoenix
Velocis is the new owner of the four-story property, which marks the company’s third investment in the metro’s office market.
Tierra Management Sells Las Vegas Office Building
The buyer secured more than $7 million in financing for the acquisition of the 86,515-square-foot property.
BioMed Secures Tenant for 200 KSF San Diego Project
A Fortune 50 company inked a long-term deal to serve as the sole occupant of APEX, a state-of-the-art life sciences property currently under construction.
Service Properties Sells Las Vegas Office Building
The deal is the first step in the firm’s disposition plan to sell about $500 million in non-core assets following a $2.4 billion retail portfolio acquisition last month.
Harbor Expands Orange County Office Portfolio
The investment company continued its buying spree with the purchase of two office buildings in Southern California for $80 million.
Hanley Arranges Sale of LA-Area Retail Asset
The property, which was marketed for the first time in 20 years, sold for $5 million to a local buyer.
CenterPoint Properties Adds New Tenant at Chicago Property
Axis Warehouse Management signed on for 174,178 square feet at 500 Country Club Drive, about 8 miles from O’Hare International Airport.
US Storage Centers Expands California Portfolio
The self storage operator has acquired a 649-unit facility located in Bakersfield.
Avison Young Arranges Mixed-Use Sale in Miami’s Cutler Bay Area
Rosendo Caveiro, John Crotty, Michael Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth and Emily Brais represented the seller. The fully leased asset includes office and retail space.