Deals
Karr Self-Storage Group Brokers Sale of Texas Facility
Marcus & Millichap’s Fort Worth self-storage group has arranged the sale of a facility on behalf of the Austin-based seller and secured the buyer, a Philadelphia investor.
Buchanan Street Partners Buys $28M Las Vegas Office Portfolio
The four buildings within Green Valley Corporate Center North are approximately 65 percent occupied. The new owner will increase income by marketing the vacant spaces within the offices.
Bellomy & Co. Facilitates Houston-Area Transaction
The company has brokered the sale of a 465-unit self-storage facility located in The Woodlands, Texas. The brokerage team represented the seller and procured the buyer in the deal.
Core5 Inks 417 KSF Lease at TX Logistics Center
Online retailer VMInnovations will occupy more than half the space at Core5 Logistics Center at Wintergreen starting in August of this year.
PEBB, Tortoise Acquire Fully Leased FL Office Asset
Cushman & Wakefield negotiated the transaction on behalf of seller RAIT Financial Trust and arranged $28.6 million in acquisition financing on behalf of the buyer/borrower.
Easterly to Pay $430M for US Government-Leased Portfolio
The REIT is set to purchase a multi-state portfolio encompassing 1.5 million square feet. The deal brings the company’s completed or pending acquisitions to $514.9 million since the beginning of 2018.
NYC Retail Portfolio Commands $55M
Marcus & Millichap worked on behalf of the seller—a longtime family owner—in the 19-property transaction and also procured the buyer, Chestnut Holdings.
CVMC REIT Sells 2 Data Centers for $85M
The two properties, featuring a total of 224,500 square feet in the Milwaukee and Atlanta areas, were picked up in transactions by separate buyers.
Anchor Health Properties Grabs Suburban Boston MOB
The LEED Gold-certified asset is situated within Lahey Hospital & Medical Center’s campus and features a new conference center, recently upgraded interiors and landscaped entrances.
Delta Hotels by Marriott Comes to Chesapeake Bay
The recently transacted hotel, situated on the Chesapeake Bay beach, will undergo a $25 million renovation program in the fourth quarter of 2018.