Deals
CBRE Brokers $11M CA Industrial Sale
A local investor acquired the 4.9-acre site that features a mix of industrial and office space. The brokerage company represented both the seller and buyer in the transaction.
Home Franchise Concepts Relocates HQ to Irvine
The firm has moved from a 22,000-square-foot office space located in Orange, Calif. to McArthur Plaza occupying a total of 38,094 square feet.
Albanese Cormier Snags 105 KSF Shopping Center in Texas
Hanley Investment Group Real Estate Advisors represented the buyer in its purchase of Renaissance Square in Fort Worth. The 2014-built property is currently 98.5 percent occupied.
CO Retail Asset Trades for $11M
Transwestern represented the seller, Transmark Co., in its disposition of Broadbridge Shopping Center in Littleton, which is currently 89 percent leased.
Fortive to Acquire Gordian for $775M
The diversified industrial growth company will purchase the construction cost data, software and service provider from Warburg Pincus in an all-cash transaction.
W.P. Carey Buys Logistics Portfolio in Denmark for $188M
The firm’s first investment in the country expands its Nordic portfolio to nearly $1 billion in properties, including assets in Finland, Sweden and Norway.
Adrenaline Inks 22 KSF Office Lease in Atlanta
The design firm will move to the city’s growing Buckhead submarket later this year, following the completion of build-out work managed by Colliers.
Newmark Knight Frank to Acquire Jackson Cooksey
The deal will boost the firm’s corporate tenant advisory business, while adding 70 employees in Dallas, Houston, Austin and Denver.
Brixton Capital Acquires CA Property, Plans Redevelopment
The company paid $4.2 million for the former El Cajon police station, which provides more than 4 acres of development land.
IWBI Relocates Manhattan Office
The company has completed a 9,000-square-foot lease in the Flatiron District and plans to pursue WELL certification for its new space.