Deals
Nearon Enterprises Enters Sacramento Industrial Market
Massie & Co. sold the roughly 518,000-square-foot portfolio for $34 million. The three buildings are fully leased to a long-term tenant.
Lexington Realty Sells Office Portfolio for $726M
The 3.8 million-square-foot collection of properties went to a joint venture in which the REIT owns a 20 percent interest.
BKM Capital Partners Buys San Diego Industrial Portfolio
Cushman & Wakefield brokered the sale of Otay Mesa Industrial, a six-property portfolio totaling more than 703,000 square feet across 14 buildings.
Peachtree Snags New Hotel in Charlottesville, VA
HREC Investment Advisors worked on behalf of Titan Hotel Group to arrange the sale of the newly constructed 117-key Fairfield Inn & Suites near the city’s historic downtown.
Harbour Group Inks 24 KSF Office Lease in St. Louis
The privately owned operating company will occupy the space at Pierre Laclede Center, which is part of the KBS Real Estate Investment Trust II portfolio.
CenterPoint Nabs 295 KSF Distribution Center in WA
Sears, Roebuck and Co., had owned the property since 1991. The asset is located within proximity of both Port of Tacoma and Port of Seattle.
Expeditors International Leases Large IL Facility
The property is located in the Chicago suburb of Streamwood and is close to completion, with Opus and USAA Real Estate as landlords.
NARE Expands Chicagoland Retail Portfolio
The company acquired Woodgrove Festival, a roughly 157,000-square-foot retail center in Woodridge., Ill. The asset is approximately 89 percent occupied.
Pine Forest Properties Sells Bellevue Office Park for $28M
RBT Investments LLC is the new owner of I-90 Corporate Campus, two buildings situated along the Interstate 90 corridor.
Hines Welcomes Coworking Firm at AZ Office Building
Workuity will occupy 19,787 square feet at the Offices at Chandler Viridian, which is part of a larger mixed-use, master-planned development that will also feature retail, hotel and residential components.