Deals
JLL Income Property Trust Pays $90M for San Diego MOB
Genesee Plaza is a two-building campus in the city’s University Town Center, close to the University of California, San Diego and Scripps Hospital campuses.
Sacramento LEED Platinum Office Asset Commands $127M
The Evergreen Co. purchased the 385,844-square-foot Class A high-rise in the city center through a partnership with UAIC Development Corp.
Primark to Open First Store in the Midwest
The company leased an entire building on Chicago’s State Street from The Georgetown Co., marking the largest deal closed on this retail corridor since 2014.
Ryan Cos. Acquires MN Office
The four-story property encompasses more than 75,000 square feet and last traded as part of a $250 million portfolio deal.
Transwestern, C-III Capital Pay $60M for Phoenix Office
The joint venture paid cash for the 218,254-square-foot Class A mid-rise in the five-building Camelback Esplanade campus north of downtown.
Starwood Capital JV Buys 650 KSF Office Campus
The company has teamed up with Trinity Capital Advisors and Vanderbilt Partners to acquire and renovate Park Point at Research Triangle Park in Raleigh, N.C.
Liberty Property Trust Sells Philly Office Asset for $99M
The University of Pennsylvania’s health system, the property’s sole tenant, bought the Center City tower in a reportedly record-breaking deal.
CareTrust Buys Idaho Skilled Nursing Facility
Cascadia of Nampa is the newest property part of tenant Cascadia Healthcare’s portfolio in the state, which totals 12 facilities.
Savills Facilitates Lease Renewal for Chicago Architecture Firm
Robert Sevim, Eric Feinberg and Joe Learner worked on behalf of Skidmore, Owings & Merrill, while JLL represented the landlord. SOM occupies three floors in the Railway Exchange Building.
EverWest Enters Seattle Office Market
The company purchased six floors of the eight-story Olympic Block. The roughly 73,000-square-foot mixed-use property was 10 percent vacant at the time of sale.