Deals
EquiCap Commercial Sells WI Facility
The firm’s Self Storage Advisory Group arranged the sale of the self storage property located in West Allis, approximately 6 miles from downtown Milwaukee.
Phoenix Newspaper Headquarters Sells for $38M
The ViaWest Group acquired the Arizona Republic’s headquarters in the city’s central business district. Current tenants, all affiliates or spinoffs of Gannett, will remain at the property.
Portland Office Assets Change Hands
Tigard Corporate Center is comprised of two-story buildings totaling more than 120,000 square feet of Class A office space. The properties are fully leased to two tenants.
Hana Financial Acquires Frankfurt Office Property
Hines advised the firm in its purchase of Helix, a nearly 390,000-square-foot building located in Helfmann Park. The asset is currently leased to Commerzbank.
Kilroy Realty Sells LA-Area Office Park for $78M
The 225,000-square-foot campus encompasses two four-story buildings and a two-story building completed in 2000 and 2001. At closing, the asset was 96 percent occupied.
Equus Capital Sells 345 KSF Office in Scottsdale
Working on behalf of the seller, Newmark Knight Frank facilitated the disposition of Raintree Corporate Center, a two-building, multi-tenant asset.
Gencom Pays $100M for FL Hotel Portfolio
The company led a partnership that purchased two Tampa-area properties: The Beachcomber Beach Resort & Hotel and The Grand Plaza Beach Hotel & Beach Resort.
Gladstone Commercial Expands Orlando Footprint
The firm has purchased a nearly 90,000-square-foot office property in the suburb of Lake Mary, Fla., which marks its second acquisition in the metro.
Carlyle Group, Explorer Investments Acquire Portuguese Resort
The joint venture purchased the 194-key Penha Longa Hotel & Golf Resort in Sintra, Portugal. A CBRE team advised the buyers in the transaction.
Cook Medical Acquires 850 KSF Facility in NC
The medical devices manufacturer intends to relocate all local workforce to the former R.J. Reynolds Tobacco Co. plant in Winston-Salem’s Whitaker Park.