Deals
St. Louis Mall Changes Hands
Hull Property Group picked up the 1.3 million-square-foot Chesterfield Mall, opened in 1976, from C-III Capital Partners, which took control of the asset after a foreclosure action in 2016.
Silicon Valley Storage Facilities Sell for $25M
Marcus & Millichap’s Levin Johnston and National Self Storage Group arranged the sale of two properties located in Los Gatos.
Dedeaux Sells 7-Building LA Industrial Campus
DAUM Commercial Real Estate Services represented the seller in the individual dispositions of the freestanding buildings in Echelon Business Park. They range from 27,438 to 43,166 square feet.
Hines, Ivanhoé Break Ground on 47-Story Houston Skyscraper
Law firm Vinson & Elkins will serve as the anchor tenant of the 1 million-square-foot upcoming building, scheduled for completion in late 2021.
Inland Empire Business Park Trades for $14M
Tenants at Montclair Business Center include 42 light-industrial, office and retail businesses. New owner Trico Yale Business Park is planning to continue utilizing the asset as a multi-tenant business park.
Kidder Mathews to Market 101 KSF WA Office Building
The Class A office property is located in Redmond, Wash., which is part of Seattle’s rapid expansion due in part to major tech companies expanding or relocating to the area.
Friedman to Lease 30 KSF Industrial Space in Detroit
The property located at 3401 Martin Road is close to major thoroughfares. The new tenant, Flor-Dri Supply Company, operates in the industrial cleaning supply business.
The Green Cos. Buys $19M Office Building in Plantation, FL
The purchase reflects the healthy Broward County market fundamentals. Currently, the Class A office building has three vacant spaces, totaling 11,139 square feet.
Cypress Equities Scores Walmart Lease for NJ Retail Project
The 350,000-square-foot Legacy Square in Linden is expected to include an additional six retail pads and a potential hotel site.
Volkswagen Expands CA Campus With New Lease
Adjacent to the global automotive company’s 2010-built Oxnard test center, BLT Enterprises’ facility is about to get an extensive makeover.