Deals
Raleigh-Area Office Campus Fetches $69M
HFF, acting on behalf of Crescent Lakeside LLC, orchestrated the sale of Crescent Lakeside I & II, a 255,000-square-foot property in central North Carolina’s Research Triangle.
Midtown Realty Affiliate Buys Miami Shopping Center
A joint venture between Duncan Hillsley Capital and Pebb Capital sold the 126,000-square-foot property for more than double its 2014 acquisition price.
CB Insights Takes Full-Floor at Midtown Manhattan Tower
The tenant will occupy more than 43,000 square feet at 498 7th Ave. starting with June 2019. The company has been in the building since 2016.
Meridian Arranges $18M Acquisition Loan for PA Shopping Center
Meridian secured a CMBS loan for the buyers. The acquisition includes a 16-acre empty lot located behind the shopping center, which will be used for future development.
OKIN BPS to Open San Antonio HQ
Following a two-year site selection process and a Texas Enterprise Fund grant, the expansion marks the Czech company’s first office outside of Europe.
NKF Arranges LIC Creative Lease
HALO Branded Solutions will occupy more than 17,000 square feet on the sixth floor of The Factory, a former 1.1 million-square-foot Macy’s warehouse.
TA Realty Pays $36M for FL Distribution Portfolio
A CBRE Capital Markets team represented the seller, Guardian Life Insurance Co., in the disposition of the two-building industrial asset.
Spaces Takes 3 Floors at San Diego Conversion Project
The coworking space provider preleased more than 43,000 square feet at Kettner & Ash, an office property undergoing a complete transformation in Little Italy.
Hanley Investment Arranges $38M Sale of NJ Walmart
The firm represented the seller, Catellus Development Corp., in its disposition of the 159,542-square-foot building in Teterboro. The buyer was a 1031 exchange private investor.
Jamestown Picks Up Atlanta Retail Portfolio
Mimms Enterprises sold the nearly 335,000-square-foot portfolio for close to $55 million. The company had owned both properties for nearly 20 years,