Deals
Granite REIT Buys 3 Facilities in $120M Deal
The fully leased industrial properties have a combined total of 1.3 million square feet and are located in the U.S. and the Netherlands.
LA-Area Office Asset Sells for $51M
A New York-based company acquired the two-building property and is set to renovate it for media, tech and entertainment tenants.
JV Picks Up Raleigh-Area Office Park
Pinnacle Financial Partners provided financing for the acquisition of the two-building portfolio in Cary, N.C. Avison Young will lead the leasing efforts.
Showpad Triples Office at One North State in Chicago
Within one year, the Belgium-based sales enablement firm more than tripled its footprint at One North State in Chicago. CBRE and Cushman & Wakefield arranged the transaction.
Related Cos. Signs Law Firm to FL Office Tower
The law firm will occupy more than 12,000 square feet at the 300,000-square-foot, Class A office building in West Palm Beach, Fla.
Airport-Area Office Project Kicks Off in Dallas
Staubach Capital provided equity, while First United Bank originated debt financing for the two-building development, which is slated for completion in 2020.
South Florida Retail Asset Commands Royal Price
InvenTrust Properties Corp. paid $97 million for a Costco-anchored shopping center in Royal Palm Beach. CBRE negotiated the deal on behalf of the seller.
JV Buys Connecticut Office for $34M
Rubenstein Partners sold a 91,000-square-foot property, located within the six-building Shippan Landing waterfront office campus in Stamford. The asset serves as Vineyard Vines’ headquarters.
Premier Workspaces Takes 2nd DC Office
Starting next month, the flexible space specialist will occupy a full floor at a Golden Triangle property owned by LaSalle Investment Management.
Appraisal District’s New Austin Office to Undergo Reno
TCAD acquired the building for nearly $9 million. Improvement work at 850 E. Anderson Lane is expected to commence later in November, with completion slated for May 2020.