Deals
LA Industrial Facility to Sell for $77M
Armstrong Flooring moved production to Illinois and Mississippi while also opening a 100,000-square-foot California warehouse.
Gannett Co. Inks Midtown Manhattan Sublease
The mass media company will relocate its corporate offices to a 35-story tower owned by Rudin Management.
Investcorp Buys Tempe Industrial Park for $85M
Tempe Commerce Park comprises five buildings totaling more than 500,000 square feet.
JLL Income Property Trust Pays $47M for Life Science Asset
The seller recently remodeled the 147,000-square-foot New Jersey office property into a purpose-built facility.
EverWest Makes $66M Denver-Area Industrial Buy
CBRE represented the seller, a joint venture of United Properties and Artis REIT.
Vantage Data Centers Grows Silicon Valley Footprint
The company paid $40 million for a Santa Clara building which neighbors its largest local data center campus.
New Jersey Cold Storage Project Lands $34M in Financing
JLL Capital Markets arranged the loan for a build-to-suit facility on the border of Elizabeth and Newark.
DAUM Arranges Phoenix-Area Industrial Lease
The firm worked on behalf of Hopewell Development to secure the tenant for the new facility in a western suburb of the city.
Lincoln Property’s Health-Care Arm Relocates Dallas HQ
The 10-story building, which changed ownership last year, is some 3 miles from the company’s current location.
Greater Phoenix MOB Trades for $24M
OrthoArizona sold the 49,400-square-foot property in Gilbert to a private equity firm.