Deals
CBRE Settles $17M Office Sale
Located at 2382 and 2386 Faraday Ave. in Carlsbad, Calif., the two-building property was recently renovated with both indoor and outdoor improvements, such as private courtyards and fiber optics.
ESJ Capital Snags Charter School Portfolio for $45M
The four new educational assets comprise a total of 176,000 square feet and are located in Arizona, Ohio and Washington, D.C.
Atlas Capital Acquires LA-Area Creative Office Campus
NKF Capital Markets represented the seller, Steelwave, in its disposition of INSITE, a two-building asset that served as a Raytheon research facility.
McCraney Inks Full Building Industrial Lease in SC
NFI, a leading supply chain solutions provider, will occupy all 507,512 square feet at Logistics 77 @ Riverwalk in Rock Hill. Foundry Commercial arranged the deal on behalf of the landlord.
Neema Hospitality Acquires 2 Pittsburgh-Area Hotels
Fairfield Inn & Suites Slippery Rock and Holiday Inn Express & Suites Pittsburgh SW bracket the city to the north and south. The company now owns 11 hotels across Pennsylvania, Maryland and West Virginia.
Skanska Sells Major Budapest Office Project
The real estate fund that acquired the 387,500-square-foot Mill Park also purchased Promenade Gardens, another newly constructed office building in the Hungarian capital.
Broe Real Estate Nabs 3-Building Colorado Springs Portfolio
The properties total roughly 210,000 square feet of flex/office space and are located within the Briargate Office Park. The new owner is set to implement a renovation program.
Serendipity Labs Coming to Indianapolis
The coworking company leased 24,000 square feet in a building that is being redeveloped in Carmel, Ind., with two more locations planned for the near future.
Terreno Realty Inks Full-Building Industrial Lease in NJ
In a deal brokered by Cushman & Wakefield, Integrated Supply Network has expanded its lease by 46,000 square feet in the Lower Interstate 287 submarket.
CA Value-Add Retail Site Trades for $21M
HFF represented the buyer, Merlone Geier Partners, in its purchase of Warner West, a 73,427-square-foot retail property in Huntington Beach. The asset was 78 percent occupied at the time of sale.