Deals
$94M Industrial Deal Sets the Pace for Southern California
Dedeaux Properties and an institutional partner acquired the Inland Empire asset in the area’s biggest single-asset industrial transaction of 2019.
Black Creek Group Picks Up Miami Industrial Asset
The nearly 70,000-square-foot warehouse sold for more than double the price it commanded in 2011. Newmark Knight Frank represented both parties in the deal.
JV Picks Up Suburban Kansas City Hotel
Wexford Lodging Advisors and Trinity Private Equity Group purchased the 11-story building and plan to invest $17 million in upgrading the property.
DJM, Gaw Capital Purchase Iconic Hollywood Retail Complex
The private equity firms have teamed up to acquire the 463,000-square-foot shopping center from CIM Group. The property also houses the venue for the Academy Awards ceremony.
Weingarten Sells Inland Empire Shopping Center for $89M
Lucescu Realty has arranged the sale of the 700,000-square-foot Jess Ranch Marketplace to a privately held investment company after having fielded inquiries from a diverse group of investors.
ICP Continues Expansion in Cleveland Area
The company acquired the former Dillard’s store at Midway Mall in Elyria, Ohio, after previously purchasing the Sears building and Sears Auto Center, both part of the same retail property.
San Diego Office Building Sells for $11M
Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal.
Talonvest Arranges $15M Acquisition Loan
The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.
Deka Group Enters Portland With $48M Buy
The German financial company broke into the local office market with its purchase of a Class A building in the city’s central business district.
LaSalle Investment Management Lands Law Firm for 126 KSF Renewal
Procopio, a business law specialist, extended its lease at a downtown San Diego office tower to 2027. CBRE represented both owner and tenant.