Deals
Westmount Sells Baltimore-Area Industrial Park
The company sold Logistics Pointe BWI in Hanover, Md., a 357,700-square-foot light industrial and distribution center, following a capital improvement program.
Granite Properties Buys Houston Office Complex for $78M
The purchase of Eldridge Place, an 824,000-square-foot property in the Energy Corridor, increases the company’s presence in the city to more than 2.3 million square feet.
107-Key Boston-Area Resort Changes Ownership
Newport Hotel Group purchased Nantasket Beach Resort in Hull, Mass. An HFF investment advisory team has brokered the transaction.
The LeClaire Group Arranges Sale of Houston-Area Storage Facility
Marcus & Millichap’s Houston- and Denver-based offices brokered the sale of a 595-unit self-storage facility located in La Porte, Texas.
Brookfield Asset Management Closes $15B Global Real Estate Fund
This is the Toronto-based company’s largest private vehicle to date, exceeding its original fundraising target of $10 billion.
Holder Properties Buys Atlanta Office for $23M
The company purchased the seven-story building in Midtown from ELV Associates, which had owned the asset for nearly 20 years.
Rockefeller Group Sells 407 KSF Industrial Asset in CA
KKR acquired a recently completed distribution facility in the Inland Empire, part of the 1.5 million-square-foot Optimus Logistics Center.
Avison Young Brokers Manhattan Retail Lease
Midtown Hardware will occupy roughly 3,500 square feet at a property that The Episcopal Church owns in Midtown East. The 11-story building also includes office space.
Toll Brothers Relocates PA Headquarters
The company leased an entire 163,000-square-foot office building in Fort Washington, Penn., and will move its 900 employees in the fall.
EQ Office Sells Seattle-Area Campus for $51M
NKF brokered the sale of the 175,546-square-foot Class A Canyon Pointe office property in Bothell, Wash., which is fully occupied by T-Mobile.