Deals
Boston-Area Single-Tenant Retail Building Sells for $19M
The 64,227-square-foot property is located in Shrewsbury, Mass., and is triple-net leased to Price Chopper, a family-owned grocery chain.
CBRE Secures $81M Minneapolis Office Sale
The company’s Ryan Watts, Judd Welliver, Sonja Dusil and Tom Holtz arranged the sale of the property on behalf of the seller.
Washington-Area Office Asset Commands $153M
USAA Real Estate Co. bought the highly secured Class A property in Arlington, Va. The building is 99 percent leased to the U.S. government.
Bixby Land Co. Acquires 2-State Industrial Portfolio
The California-based real estate owner and manager increased its national footprint with the purchase of 857,000 square feet of Class A property in Georgia and Texas.
Commonwealth Hotels Enters Columbus Market
The Courtyard Columbus-Dublin, located close to some of the city’s most popular attractions, brings the hotel management company’s nationwide portfolio to 48 properties and more than 5,500 keys.
WeWork Signs 56 KSF Downtown Houston Lease
The coworking giant will occupy floors 25 and 26 at the 1.1 million-square-foot 609 Main at Texas. The deal brings the asset’s occupancy to 92 percent.
EXAN Capital Buys DC Trophy Office Asset for $119M
Akridge and Alcion Ventures sold the 104,000-square-foot property at 1701 Rhode Island Ave. NW, formerly known as the YMCA National Capital building. Coworking giant WeWork occupies the entire structure.
Marcus Partners Sells Connecticut Offices for $30M
The Boston-based private equity firm acquired the Westport, Conn., complex in 2014 and invested $5 million in a capital improvement program.
DivcoWest Buys NYC Trophy Building for $310M
The company has added a second Manhattan office asset to its portfolio with the acquisition of a 283,700-square-foot tower from Boston Properties.
Inland Empire Industrial Asset Lands 2 Tenants
The two companies signed leases totaling some 250,250 square feet, encompassing the entire Class A distribution center in Ontario, Calif.