Deals
Sitex Group Acquires NJ Industrial Facility
A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer’s third recent acquisition in the area.
Mindful Capital Buys Industrial Asset Near Boca Raton
The company acquired a 48,000-square-foot warehouse in Deerfield Beach, Fla. A CBRE team secured the transaction on behalf of the seller.
San Jose Office Asset Commands $63M
The Muller Co. teamed up with CIGNA Investment Management to purchase the 104,000-square-foot Century Plaza. Cushman & Wakefield negotiated the deal.
Sumitomo Buys $144M Minneapolis Office Asset
With the acquisition of SPS Tower, a 655,000-square-foot property in the central business district, the company marks its debut in the city.
Stanley Black & Decker Expands TX Footprint
The manufacturer of industrial tools and household hardware is taking space at a new 1.2 million-square-foot regional distribution center at Alliance Northport in Northlake.
Purple USA Relocates, Signs New Manhattan Lease
The lifestyle communications and public relations agency will occupy the entire 13th floor of GFP Real Estate’s Chelsea building.
Atlanta Office Asset Commands $58M
The seller, Lone Star Funds, had acquired the 18-story Class A property from U.S. Bank for $47.3 million in 2015.
PCCP Buys Fully Leased SF Asset for $120M
The acquisition of a four-story, 138,000-square-foot property marks the company’s entrance in the Potrero Hill neighborhood office submarket.
Marcus & Millichap Facilitates Texas Storage Sale
Karr Self Storage, in the company’s Fort Worth office, brokered the sale of a two-building self storage property comprising 578 units in Texarkana, Texas.
CBRE Acquires Global Data Center Tech Company
Romonet, a U.K.-based analytics software provider that uses a patented cloud-based technology, will be integrated into CBRE’s Data Center Solutions group.