Deals
Principal Global Investors Trades NC Office Park
The two buildings changed hands for nearly $40 million and encompass some 165,000 square feet of Class A space in the metro’s Six Forks Road submarket.
Centuria to Buy $89M Australian Office Gem, Start New Fund
The Sydney-based investment manager will acquire 80 Flinders St., a 130,800-square-foot property in Adelaide, from a Lendlease Australian affiliate and use the transaction to launch a new fund.
Group RMC Expands Memphis Office Portfolio
The $32.3 million acquisition of four properties totaling 391,297 square feet along the 385 Corridor marks the company’s fourth purchase in the metro.
SunCap Trades South FL Industrial Asset
The nearly 60,000-square-foot warehouse and distribution center is fully occupied by a single, long-term tenant under a lease expiring in 2028.
Ashley Capital Buys 800 KSF Distribution Facility in VA
The new owner plans to begin work on a complete renovation at the industrial property, including rebranding it as Virginia Gateway Logistics Center.
Marcus & Millichap Arranges Sale of Fort Worth-Area Storage
The brokerage company worked on behalf of the seller in the disposition of a 278-unit facility located in Springtown, Texas.
Cushman & Wakefield Arranges Colorado Office Sale
Built in two phases between 1996 and 1999, Plaza 200 & 300 at Highlands Ranch last traded in 2006, when The Lagomarsino Group acquired it for $11.2 million.
CapRidge Buys Charlotte Office Property for $39M
The two buildings total more than 180,000 square feet of Class B space in the Southpark submarket. BBVA Compass Bank provided nearly $29 million in acquisition financing.
Historic Charlotte Office Asset Trades for $35M
Spaulding & Slye Investments acquired the 172,382-square-foot Class B office tower. Pacific Coast Capital Partners provided nearly $34 million in financing.
Allied Properties Closes 2 Acquisitions in Montreal
The deal brings the Toronto-based company’s Montreal footprint to 5.6 million rentable square feet after nearly 15 years in the metro.