Deals
ILPT to Acquire Industrial Portfolios for $905M
The logistics REIT inked two separate agreements that will ultimately increase its national footprint by a total of 12.9 million square feet.
Oberg Medical Signs Full-Building Lease in Chicago
Venture One Real Estate acquired the 60,126-square-foot facility last October and invested in interior renovations. Colliers International represented the tenant.
SoCal Industrial Facility Changes Hands
Ironwood Partners traded the recently completed, 120,756-square-foot food-grade warehouse for nearly $16 million. The new owner fully occupies the property.
Optimus Properties Acquires LA-Area Office
The one-story structure 20 miles south of central Los Angeles contains more than 60,000 square feet. The county government is the only tenant the building.
Google Inks 362 KSF Lease in Boston
The internet giant signed a 15-year lease at Boston Properties’ 325 Main St. redevelopment project in Cambridge, slated for completion in 2022.
JV Acquires 387 KSF Office Portfolio in NC
An HFF team assisted the seller in the disposition of Mendenhall Business Park, a six-building property in the Piedmont Triad Airport submarket of High Point, N.C.
NTE Energy to Open Charlotte Satellite Office
The independent power producer leased roughly 1,900 square feet on the 27th floor of Charlotte Plaza, a 630,000-square-foot office building in the city’s CBD.
Harbor Group, Paramount Acquire San Francisco Office Asset
The joint venture paid $227 million, or $775 per square foot, for the 293,000-square-foot office building at 111 Sutter St. The CBD property is LEED Gold-certified.
Nuveen Real Estate Opens Dallas Office
The global real estate investment manager has opened a new office at The Union, a 22-story building in the Uptown neighborhood, marking its 27th office worldwide.
Columbia Property Trust Brings DC Property Closer to Full Occupancy
Owned through a joint venture with Blackstone Property Partners, Market Square is now home to 65 tenants, half of which are Fortune 500 companies.