Deals
Marcus & Millichap Sells Indianapolis Retail Development
The property is part of The Village at Eagle Creek shopping center and was put under contract before it was completed earlier this year.
ICSC to Open New HQ in New York City
The global retail association will occupy a full floor at 1251 Avenue of the Americas, owned by Mitsui Fudosan America Inc.
Ashford Hospitality to Buy Santa Fe Boutique Resort
The company selected Remington Lodging to manage the 157-key La Posada de Santa Fe property in New Mexico when the deal closes later this month.
Berkeley Partners Acquires FL Industrial Portfolio
The three properties are located within the Park Central Business Park campus in Pompano Beach. Institutional Property Advisors arranged the deal on behalf of the seller.
CBRE to Manage 1 MSF Data Center Portfolio
Lincoln Rackhouse and Principal Real Estate Investors acquired three data center campuses in top-performing U.S. markets. The assets underwent a $200 million renovation program prior to the transaction.
Franklin Partners Closes 2nd St. Louis Office Acquisition
Scottrade Financial Services has owned the Class A building since 2004, having been the single tenant at the property. CBRE directed the transaction.
DealPoint Merrill Acquires Ohio Retail Store
The company plans to develop a $70 million mixed-use project on the site of the Richmond Town Square Mall in Richmond Heights.
CREC, Velocis Add Anchor Tenant to WPB Office Tower
Intech Investment Management will relocate its corporate headquarters to the top two floors of One Clearlake Centre, with plans to occupy the new space starting in September 2019.
Transwestern Relocates, Expands NJ Office
The company moved to Lone Star Funds’ two-building office campus in Florham Park, where it has been handling leasing and property management services.
Emerson Buys Houston Office Property
JLL Capital Markets represented the seller, The Mallick Group, in its disposition of a 151,000-square-foot vacant building in the Westchase submarket.