Deals
Stan Johnson Arranges Sale of Chicago-Area Flex Building
Crystal Acquisitions paid $11.4 million for the Arlington Heights asset, which is fully occupied by two tenants: Intertek and Gigenet.
LA-Area Industrial Business Park Sells for $85M
BKM Capital Partners acquired the fully leased facility located in Burbank, Calif. The company plans to invest in capital improvements to enhance the value of the property.
Northland Properties Snags Iconic Fort Worth Tower
JLL marketed the property on behalf of the seller, XTO Energy Inc. The 20-story building was constructed in 1920 and comprises 137,500 square feet of office space.
Adventus Expands Atlanta-Area Office Footprint
The Canadian company paid $73.3 million for TownPark Commons, a four-building campus in Kennesaw, bringing its portfolio to more than 1 million square feet in the region.
Transwestern Sells Houston Trophy Asset
A Mexico-based equity fund acquired the recently completed Westway Plaza. At the time of sale, the 313,000-square-foot office building was fully occupied.
Hanley Investment Arranges Sale of Sacramento Retail Center
Spreading across a 7-acre site at the intersection of Club Center Drive and Natomas Boulevard, the property is anchored by CVS Pharmacy, Ace Hardware and Dollar Tree.
DTLA Plaza Adds New Tenant
UNIQLO will occupy the seventh floor of The Bloc, a mixed-use development located in the heart of Los Angeles. The location marks the brand’s first store in downtown.
Public Storage Expands Houston Portfolio
Charmel Storage and Bellomy & Co. have arranged the sale of a 941-unit self-storage facility on behalf of the seller. The brokerage team also procured the buyer.
CenterPoint Completes Seattle Portfolio Deal
The two industrial properties are located at the gateway of the city and total approximately 342,000 square feet. They will undergo capital improvements and a rebranding.
New Hudson Yards Office Asset Commands $257M
In a deal brokered by Fried Frank, Ramrock Real Estate purchased the recently completed building, which includes a large office component, a gallery and ground-floor retail.