Deals
San Jose Office Park Commands $84M
In a deal brokered by HFF, Preylock Real Estate Holdings acquired Central Park Plaza, a six-building property currently housing 56 businesses.
The Sapir Org. Inks Long-Term Manhattan Lease
Canon decided to remain in the building and signed a direct lease with the landlord for six years with a five-year renewal option.
HFF Arranges Sale-Leaseback of 41-Property Portfolio
The assets are all fully leased to seller Meek’s Lumber and Hardware, and are located in California, Nevada, Missouri and Arkansas.
Downtown Fort Lauderdale Office Tower Sells for $109M
NAI/Merin Hunter Codman teamed up with Pacific Coast Capital Partners to acquire the 19-story, 352,000-square-foot Class A asset.
Optima Attracts Tenants at Chicago Luxury Tower
The Montessori school, veterinarian firm GoodVets and fitness center RUNAWAY signed leases at Optima Signature in the Streeterville neighborhood.
Fort Lauderdale Strip Center Changes Hands
Midland Plaza, an 8,800-square-foot retail asset in South Florida, sold for $1.2 million. Berger Commercial Realty/CORFAC International represented the buyer in the transaction.
Agellan Acquires $53M Distribution Center in Atlanta
The 2 million-square-foot industrial complex, built in 1978, is 87 percent leased to two tenants and was renovated in 2001.
Simpson Org. Snags GA Office Campus
Cushman & Wakefield represented Velocis in its disposition of Royal Centre One, a 152,935-square-foot property within the Royal 400 office park in Alpharetta.
Liberty Property Trust Sells Phoenix Office Portfolio for $255M
CBRE represented the REIT in the sale of five buildings totaling 806,000 square feet, one of the metro’s largest office transactions on record.
Mapletree Acquires $1.1B Portfolio from Prologis, Norges
The deal increases the Singapore-based company’s holdings in the U.S. and Europe with the addition of 16.5 million square feet of logistics space.