Deals
Terreno Realty Lands $36M Industrial Asset
The East Bay property, roughly 82 percent leased to seven tenants, includes more than 200,000 square feet of distribution and 16,000 of office space across four buildings.
EDPR Signs 15-Year PPA with Facebook
The social media giant signed a 15-year PPA for 139 megawatts of the energy produced at the 200-megawatt Headwaters Wind Farm in Indiana.
JLL Acquires Canadian Retail Advisory Firm
The purchase of Northwest Atlantic will allow the company to expand its current retail advisory business and provide a range of real estate and leasing services to retailers looking to operate or expand in the Canadian market.
P3 Properties Nabs NJ Office Asset
Related Cos. has sold the 233,000-square-foot Somerset Financial Center in Bedminster, which serves as the local headquarters of specialty pharmaceutical company Mallinckrodt.
Sterling Sells Metro Orlando Mall for $73M
AEW Capital Management is the new owner of the Center of Winter Park, which had been extensively renovated and re-tenanted over the past five years.
HFF Arranges Sale of 28 KSF MOB
Hartford Healthcare and Central Connecticut Endoscopy’s surgery center anchor the single-story property in Plainville, Conn. The team of brokers acted on behalf of the seller, but also procured the buyer.
Oxford Development Lands Coworking Tenant
Serendipity Labs plans to open its first Pittsburgh location in December, encompassing approximately 25,000 square feet at 3 Crossings in the city’s Strip District.
Exeter Snags $49M Charlotte-Area Industrial Campus
HFF represented the seller, Beacon Partners, in the disposition of RiverOaks Corporate Center and three adjacent parcels in Concord, N.C.
SKB, WHIREP Acquire $25M Portland Mixed-Use Property
The Water Tower Complex comprises two buildings totaling 123,188 square feet. A former furniture warehouse, the property was redeveloped in the 1970s into a retail marketplace.
Downtown Charlotte Office Trades for $24M
Somerset Properties acquired the recently renovated 129 West Trade. The asset was 63 percent leased at the time of sale, housing a mix of notable tenants.