Deals
Jacksonville Warehouse Changes Hands for $49M
Wells Fargo originated just shy of $30 million in acquisition financing for Graham & Co.’s purchase of the 877,196-square-foot industrial asset.
Fortune 500 Firm Buys MS Industrial Property
Core5 Industrial Partners sold a 581,000-square-foot building within Desoto 55 Logistics Center. The developer also revealed plans for the construction of three more buildings in the area.
Silverman Group Pays $183M for Multi-State Portfolio
Rubenstein Properties sold 27 industrial assets totaling more than 5 million square feet across New Jersey, Connecticut, Massachusetts, Iowa, Indiana and Alabama.
CBRE Facilitates $35M Miami-Area Industrial Sale
Senior Vice Presidents Larry Dinner, Tom O’Loughlin and Larry Genet worked on behalf of the seller, a partnership between Core5 Industrial Partners and Helms Development.
North Orange Industrial Park Changes Ownership
Alere Property Group expanded its Orange County footprint with the acquisition of a fully leased, three-building facility constructed in 1973.
Alabama Crossing in Fort Payne Changes Hands
Bob Havasi and Dan Cooper of Cooper Commercial Investment Group facilitated the sale on behalf of the seller. The property traded for $4.3 million.
STC Management Buys Anaheim Mixed-Use Property for $80M
CBRE arranged the sale of Anaheim GardenWalk, a 430,000-square-foot, open-air retail destination that is located within walking distance of Disneyland Resort.
Starwood Capital, LeFrak Sell Miami Hotel for $610M
A new owner is on board at 1 Hotel South Beach, a landmark 429-key luxury property which underwent a multimillion-dollar transformation in 2015.
TransPerfect Relocates Global HQ to Manhattan’s Nomad Tower
The company signed a long-term lease with Global Holdings Management Group, which has owned the Midtown South trophy high-rise since late 2016.
SWAN Sells Medical Office Assets in Atlanta
Ackerman Medical represented the seller in the $18.9 million transaction of four buildings totaling 80,116 square feet, with Elliott Bay Capital Trust as main buyer.