Deals
Bay Area Life Science Project Lands $400M Loan
Phase 3 Real Estate Partners and Bain Capital Real Estate obtained the construction financing for a high-end, three-building campus.
Pacific Industrial Pays $42M for Los Angeles Asset
The property includes several buildings totaling nearly 180,000 square feet leased to a single tenant.
Top 5 Office Transactions in Florida
Office deals in the first quarter of 2021 amounted to $985 million, accounting for 67 percent of the state’s total transaction volume, based on CommercialEdge data.
Transwestern Signs Tenant for New Jersey Warehouse
The company has fully leased its 300,000-square-foot project in Piscataway that will be completed in the fall.
Dewitt Carolinas Secures Loan to Kick Off $1B Development
The $40 million financing arranged by Avison Young will enable the developer to begin construction on a massive mixed-use project in Raleigh, N.C.
Natixis Provides $105M Loan for Industrial Portfolio Purchase
Oliver Street Capital and Bain Capital Real Estate used the financing for the $154 million acquisition of eight properties near Boston.
Universal Technical Institute Picks Metro Miami for Latest Campus
The roughly 100,000-square-foot space will be the institute’s second training facility in Florida and 14th nationally.
Elion Partners Boosts Last-Mile Portfolio in Queens
The company has acquired a facility near John F. Kennedy International Airport for $58 million.
Boston Properties Lands New Tenant at Santa Monica Office Campus
A San Jose-based entertainment platform will occupy 72,000 square feet at the 1.2 million-square-foot property.
Silicon Valley Office Building Trades for $15M
The downtown San Jose asset last changed hands three years ago.