Deals
NKF Facilitates MI Industrial Sale
National Print and Mail sold the 1965-built property to SourceHub, an online distributor of warehousing and facility equipment. The buyer plans to relocate its operations in July 2018.
PS Business Parks Grows Mid-Atlantic Industrial Footprint
The REIT purchased a group of 19 assets from MRP Realty and institutional investors advised by J.P. Morgan Asset Management, adding 1.1 million square feet to its holdings.
Incipio Signs Warehouse Lease in California
The designer and manufacturer of mobile device accessories leased more than 300,000 square feet in Corona. JLL negotiated the deal on behalf of the tenant, while Colliers represented the landlord.
Crescent Picks Up $125M Denver Hotel Portfolio
Situated within a quarter mile of more than 11 million square feet of office space, the two properties are within a 10-minute walk of Colorado State Capitol.
Bechtel Consolidates HQ in VA
The firm will move its Houston and San Francisco offices to One Reston Overlook, where it has been a tenant since 2011.
Bristol Center in OC Trades for $47M
The 165,508-square-foot retail center, located in Santa Ana, Calif., was acquired by JH Real Estate Partners in a transaction mediated by CBRE’s National Retail Partners-West team.
Golub & Co. Sells Interest in Chicago High-Rise
The locally based international real estate developer will continue as operator, manager and leasing agent of Orrington Plaza, a 20-story trophy office building in Evanston, Ill.
FRM Associates Buys LA-Area Office/R&D Campus
NKF Capital Markets brokered the deal on behalf of the sellers, Platform Ventures and PMRG. The 574,000-square-foot property has long been home to aviation and defense companies.
Majestic Realty Brings Las Vegas Portfolio to Full Occupancy
Three new tenants have signed leases within the company’s 360-acre Las Vegas Digital Exchange Campus, prompting the landlord to fast-track development and expand its industrial inventory.
Montecito Medical Expands TN Footprint
The newly constructed medical office building, situated southwest of downtown Nashville, contains more than 20,000 square feet and is fully leased to Saint Thomas Health.