Deals
Peloton Warehouses With CenterPoint in Chicago
The company will join Xpress Global Systems at the owner’s speculative building in Franklin Park, bringing the facility to 50 percent occupancy.
Onni Group Lands $550M Loan for Miracle Mile Asset in LA
The Canada-based company bought 5700 and 5750 Wilshire Blvd., also known as Wilshire Courtyard, from Tishman Speyer for $630 million.
San Diego-Area Retail Center Commands $27M
After 12 years of ownership, Greenstreet Partners sold Poway Crossings, a 109,455-square-foot community shopping center in Poway, Calif. HFF facilitated the deal on behalf of the seller.
Kilroy Realty Receives $18M for Office Asset
Majestic Asset Management is the new owner of the roughly 84,000-square-foot, three-story building in Thousand Oaks, Calif., which underwent major renovations in 2011.
Tampa Office Building Commands $52M
The Class A, 217,022-square-foot asset in the Westshore Business District underwent complete renovations worth $2.5 million in 2015. Cushman & Wakefield assisted the seller in the disposition.
Nuveen, Crescent Communities Buy Charlotte Office Tower
The joint venture acquired 101 North Tryon, a 546,878-square-foot property in the central business district that was renovated last year.
Strategic Real Estate Acquires NJ Office Complex
The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
Dallas Office Campus Changes Hands
The nearly 170,000-square-foot property is located across from the Dallas Midtown redevelopment site at the Valley View Mall, where two major mixed-use projects are planned.
Ares Management JV Buys Boston Office Property for $110M
The company has teamed up with Accordia Partners to acquire 2 Morrissey Blvd., a five-building campus offering 425,000 rentable square feet.
Marcus & Millichap Facilitates Texas Industrial Sale
First Vice Presidents Tim Speck and Adam Abushagur procured the buyer and represented the seller in the disposition of a 536,141-square-foot facility in Tyler.