Deals
Frontline Holdings Expands Texas Footprint
The company acquired the 334-unit Westview Apartments in Lewisville. JLL Capital Markets arranged acquisition financing on behalf of the seller.
Fox Television Inks 59 KSF Lease at MD Trophy Asset
The company signed the agreement with Carr Properties to occupy space at The Wilson, an office property currently being constructed as part of a larger mixed-use development in downtown Bethesda.
Public Storage Buys 360 KSF Minneapolis Portfolio
In a deal facilitated by JLL Capital Markets, Pegasus Group sold six properties totaling 3,243 units, with an average occupancy of nearly 90 percent.
Stainless Steel Supplier Renews 210 KSF Lease in Houston
The company has been leasing the 2008-built Class A industrial facility for 10 years. The warehouse is part of Railwood Industrial Park in the northeastern part of the metro.
Inland Private Capital Closes $46M Portfolio Sale
Sold through a 1031 investment program, the portfolio comprises a total of 115,503 square feet of medical office space in Illinois and Massachusetts.
Pier 1 Imports HQ in Fort Worth Changes Hands
CBRE arranged the sale of the 409,977-square-foot Class AA trophy tower on behalf of the seller, Hines, which purchased the property back in 2014 for $83.2 million.
South Bay Office Asset Nets $180M
A joint venture between Northwestern Mutual and McCarthy Cook purchased the Class A Mountain View property, which contains nearly 115,000 square feet across three buildings.
L’Oréal Inks 240 KSF Lease in Southern California
Co-developers Majestic Realty Co. and Tejon Ranch Co. secured a commitment from the beauty company to house the distribution operations of its SalonCentric subsidiary.
Denver-Area Hotel Changes Hands
Ascent Real Estate facilitated the sale of Rodeway Inn in Estes Park. The area attracts approximately four million tourists each year due to Rocky Mountain National Park.
Ellis Partners Trades $45M CA Office Campus
The two buildings, located 20 miles northeast of Sacramento, contain approximately 185,000 square feet of Class A space. The properties last traded in late 2012.