Deals
ElmTree Makes 6 Acquisitions for $300M
The private equity firm and fund manager added more than 2 million square feet to its portfolio with the purchase of fully leased properties across four states.
OC Retail Center Sells for $20M
Marcus & Millichap brokered the sale of Burlington Coat Factory and Aldi located in Santa Ana. The company represented both the seller and the buyer.
Fullscreen Media Doubles Manhattan Footprint
The global network took up another full floor at Columbia Property Trust’s Midtown South office building, inking an additional three-year extension.
LinkedIn Expands to 313 KSF at Empire State Building
The company signed for an additional 30,165 square feet on the 27th floor of the 2.8 million-square-foot tower, now occupying space on floors three and 22 to 28.
Vista Investment Acquires CA Creative Office Campus
Media Park Santa Monica is an adaptive reuse of a former research and development facility constructed in 1978. The site comprises three renovated buildings.
Cushman & Wakefield to Buy Irish Affiliate
The firm already has a 20 percent stake in the commercial property business. The acquisition involves three offices and more than 100 professionals.
Midwest Industrial Hub Changes Hands
Sold by SpartanNash, 2925 Industrial is a mixed-use multi-temperature facility. JLL has brokered the sale of the 139,077-square-foot property on behalf of the seller.
Suburban NYC Office Portfolio Trades for $45M
Morgan Management sold the Class A Canal View in Rochester, N.Y., and Corporate Crossing in Pittsford, N.Y., two years after acquiring them for Sovereign Partners for $35 million.
NAI Investment Fund Acquires TX Shopping Center
San Marcos Place, which was 80 percent leased at the time of the sale, marks the company’s fifth acquisition this year.
Hines JV Buys Hamburg Office Campus
The sellers of the 500,000-square-foot property will maintain responsibility for finishing development. The 11-story building is set to house Olympus’ main EMEA base.