Deals
Industrious Expands Presence in Chicago CBD
The flexible workspace provider will occupy more than 93,000 square feet of space in Accenture Tower, the 40-story high-rise owned by KBS.
JV Acquires Cincinnati Retail Space
Konover South, Zucker Investment Group and Truett Realty Group purchased a 3,651-square-foot ground-floor space located around Hyde Park Square.
Brooklyn Mixed-Use Asset Scores $76M Acquisition Loan
Isaac Hager of Cornell Realty Management and developer Lipa Rubin purchased the hotel and multifamily asset, which was completed in 2016.
San Diego Convenience Center Changes Hands
Capstone Advisors sold the roughly 15,000-square-foot retail center. CBRE represented both parties in the deal and secured acquisition financing.
New York Retail Property Trades in 1031 Exchange
The Kempner Corp. sold the 25,000-square-foot retail asset in Mount Kisco. HomeGoods is the anchor tenant of the building.
Mesa West Provides $72M Loan for Dallas-Area Office Campus
Equus Capital Partners purchased the 300,000-square-foot Legacy Place and intends to renovate the property’s two identical buildings.
The Rio Sells for $516M
Caesar’s Entertainment Corp. has sold the Las Vegas hotel and will continue to operate the property for at least two years.
Normandy Sells DC Office Building for $105M
The seller had purchased the I.M. Pei-designed property out of foreclosure a little more than a year ago.
MCSS Development Sells 480 KSF Self Storage Portfolio
The company built the collection of five multi-story trophy properties between 2016 and 2018.
DRA Advisors JV Pays $205M for Industrial Portfolio
The company teamed up with Jera Partners to acquire 27 facilities spread throughout 15 states and totaling more than 3 million square feet.