Deals
Harbor Associates JV Pays $92M for Orange County Campus
The property’s previous owner acquired the Class A office asset in 2015 for $108 million.
Birch Group Pays $77M for New Jersey Office Portfolio
Spanning more than 411,000 square feet, the three Morristown buildings last traded for $80 million in 2015.
Turnbridge JV Acquires Mixed-Use Long Beach Asset
The new owners are planning to retain all current tenants of the property while pushing forward with a redevelopment strategy.
Columbia Property Trust Gets $2.2B Takeover Bid
A group of investors led by The Sapir Organization made an unsolicited proposal to acquire the office REIT in an all-cash deal.
Phoenix Market Update: Suburban Assets Lead Activity
Office investment activity in Phoenix totaled $108 million in February, down nearly $30 million from January, according to CommercialEdge data.
Lendlease, Ivanhoe Pay $67M for Boston Life Science Site
The deal paves the way for a $500 million project at New Balance’s Boston Landing campus.
Digital Realty Trust Pockets $674M for Data Center Portfolio
The company sold 11 assets spread across four European countries.
Equus Capital Sells Silicon Valley Assets for $42M
A new owner has emerged for a two-building office/R&D property in Santa Clara, Calif.
DartPoints to Acquire Immedion
The transaction will more than double the company’s data center footprint, aligning with its strategy to expand in underserved edge markets.
Virtus Buys Houston-Area MOB
The firm’s second acquisition in the market is a 90,014-square-foot property in Sugar Land.