Deals
Harrison Street Buys Pricey MA Office, Lab Complex
The three-building Osborn Triangle property in Cambridge is adjacent to MIT, fully leased and anchored by two powerhouse pharma companies and an incubator for life sciences and biotech startups.
Baltimore Retail Center Trades for $16M
The 129,242-square foot Governors Commons was 100 percent leased at the time of sale. The asset is close to both Interstate 97 and Arundel Expressway.
Bentall Kennedy Pays $450M for Montreal Trophy Tower
In a deal with Oxford Properties and Public Sector Pension Investment Board, the Toronto-based company acquired a 1 million-square-foot office asset in the city’s downtown.
Estein USA Sells Retail, Office Assets in Dallas
HFF handled the sale of 422,000 square feet within the live-work-play Victory Park neighborhood, which includes office, retail, restaurant and entertainment space, a hotel and residential units.
Hines Sells Cincinnati Office Property for $81M
Viking Partners Fund IV has teamed up with DRA Advisors to acquire a 404,000-square-foot property in the Kenwood submarket.
Franklin Street to Lease Metro Tampa Office Building
The 239,585-square-foot office mid-rise, located in the heart of St. Petersburg, is home to the Tampa Bay Times. The property underwent complete renovation in 2017.
ICP Acquires 1.4 MSF Ohio Distribution Center
Located on the outskirts of Youngstown, the asset is the fifth such facility acquired by the investor from Sears or Kmart.
RDG Funds Receives Financing for Historical Chicago Asset
CBRE’s capital markets debts and structured finance team arranged the $8.3 million loan. The 1865-built asset is located in the West Loop neighborhood.
Stream Realty Sells Dallas-Area Office Building
The transaction marks the first time the 166,324-square-foot Platinum Park in Plano, Texas, changed hands since it came online in 2017.