Deals
Somera Road Buys Kansas City Office Asset
Working on behalf of the buyer, HFF arranged a $60.2 million bridge loan for the purchase of City Center Square in downtown Kansas City.
Vornado Completes $168M Manhattan Office Refi
The newly constructed 170,000-square-foot property in the Meatpacking District had been fully preleased before completion. Aetna took the office space, while the property also features one of the world’s largest Starbucks.
Ivanhoé Cambridge, Oxford Properties Invest in IDI Logistics
The two Canadian pension funds formed a joint venture to share ownership of the Atlanta-based firm, a leading developer and manager of logistics real estate in the U.S.
EVs Roll Out of California With Real Estate Partnerships
More than 100 apartment communities, workplaces and hotels have signed on to provide Envoy Technologies’ electric vehicles as an on-site amenity.
Gem Realty Capital Acquires FL Office Asset for $35M
IP Capital Partners was the seller of Wells Fargo Plaza, a two-building property offering 102,431 square feet in downtown Boca Raton.
Biotech Company to Locate HQ in Boston’s Seaport District
Akouos will occupy 37,500 square feet of lab space at 645 Summer St. CBRE worked on behalf of both the tenant and the landlord.
MetLife Acquires Nashville Shopping Village for $93M
Branch Properties and co-developer Crosland Southeast built the One Bellevue Place retail and entertainment complex on the former site of a mall, 10 minutes from the city’s downtown.
FL Industrial Park Sells for $49M
A joint venture led by Blue Vista Capital Management acquired an 820,000-square-foot property in Longwood. The asset offers easy access to the northern Orlando metro.
Nuveen Real Estate Buys 1.3 MSF Self Storage Portfolio
The company now owns a 90 percent interest in a collection of 21 assets spread across the southern part of the country.
Endurance Real Estate Acquires $24M Industrial Asset
The property is situated within a short distance to interstates 95, 295 and 276. Previous ownership renovated the property in 2018 and renewed long-term leases for the three tenants.