Deals
Innovatus Capital Partners Buys San Francisco Asset
The company has acquired the 135,000-square-foot multi-tenant office building from Ellis Partners, which had owned the North Marin property for five years.
Target Hospitality Purchases Delaware Basin Lodging Properties
The company purchased the communities from Superior Lodging, upping its portfolio by 575 single-occupancy accommodations within the Permian Basin, at the epicenter of great activity among oil and gas businesses.
Compass Self Storage Buys FL Facility
The Amsdell Cos. paid $9.9 million for a 98,000-net-rentable-square-foot storage facility located in Largo. The asset marks the company’s 21st facility in Florida.
ICP Buys Pair of Midwest Warehouses
The properties are located in Bryan, Ohio, and Holland, Mich., and formerly belonged to Adient. They are fully leased to Yanfeng Automotive Interiors.
Cerberus, Hines JV Buys Texas’ Tallest Tower for $627M: Report
Hariri Interests sold JPMorgan Chase Tower in downtown Houston, a 1.6 million-square-foot skyscraper designed by the late I.M. Pei, along with an adjacent 407,000-square-foot property.
Situs, American Mortgage Consultants to Merge
The agreement between the two firms will combine their commercial and residential real estate services, as well as their technology offerings to clients across the globe.
Velocis Completes 4th Atlanta Office Buy
The fund manager intends to implement a series of upgrades at the three-building Sugarloaf Corporate Center located in the heart of Gwinnett County.
Stan Johnson Brokers $20M Retail Sale in TX
Tom Fritz and Brandon Duff represented the seller in the disposition of The Shops at Abilene Village, a 145,000-square-foot, multi-tenant retail center in Abilene.
Tampa Industrial Facility Sells for $26M
ASB Real Estate Investments purchased the 368,664-square-foot warehouse on behalf of its Allegiance Fund. The property is fully leased, with a tenant roster including Amazon.
Albuquerque-Area Office Asset Changes Hands
This is the first time the 45,000-square-foot Rio West Business Park in Rio Rancho, N.M., changed ownership since 2005.