Deals
Cohen Investment Expands Georgia Footprint
The company has added to its portfolio two self-storage facilities located in Gardena City, a suburb of Savannah, GA. The buildings are within the industrial complex of Savannah.
Boston Properties Invests in NYC, LA Assets
The office transactions, which total more than 3 million square feet and involve partnerships, give the REIT a stake in Manhattan’s 3 Hudson project and West Los Angeles’ Santa Monica Business Park.
PGIM Sells Inland Empire Office Building
Greenlaw Partners purchased One Piemonte, a nearly 125,000-square-foot Class A building, for $29.5 million. The buyer funded the acquisition with a $19.2 million loan.
LaSalle Acquires Houston Trophy Tower
The global real estate investment management firm paid a record-setting price for the 28-story, 510,000-square-foot Memorial Hermann Medical Plaza in the Texas Medical Center district.
Charleston Mixed-Use Asset Lands 3 Retail Leases
Federal Capital Partners and Kane Realty are renting 7,200 square feet at 601 Meeting St. to a nail salon, a cafe and a fitness facility.
JV Acquires Office, R&D Asset in Downtown Durham
The three-building campus last traded in 2016, when FCP bought it for $18 million. The property then underwent extensive renovations, also preparing it for further potential development.
Spaces Takes 66 KSF in West LA
The coworking firm continues to capitalize on demand for flexible work space with a lease at the former Univision building, now owned by CBRE Global Investors.
Houston Industrial Portfolio Trades for $26M
Wilson Investment purchased six properties that encompass 19 buildings and 459,390 square feet. NAI Partners brokered the transaction that marks one of the largest deals in Houston this year.
Friedman Arranges MI Retail Sale
Associate Steven Silverman represented the buyer in acquiring the 36,600-square-foot property located in one of the strongest real estate markets in Southeast Michigan.
P3 Properties Inks NJ’s Largest Lease of 2018
Teva Pharmaceuticals USA has taken up 345,000 square feet across three buildings at the company’s MCCBLUE office campus in Parsippany, N.J.