Deals
Goodman Group’s LA-Area Logistics Center Hits Full Occupancy
The company signed Damco, a provider of freight forwarding and supply chain management services, to a 10-year lease, occupying all six of its buildings at Goodman Gateway Santa Fe Springs.
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.
Swift Real Estate Grabs $110M San Francisco Tower
The subdivided condominium interest in the 219,700-square-foot building at 1390 Market St. last traded in 2007 in a deal valued at $42.7 million.
Facebook Signs Largest Office Lease in San Francisco
MetLife Investment Management, The John Buck Co. and Golub & Co. have signed the social media giant for all of Park Tower at Transbay, an upcoming 43-story Class A tower in the metro’s Financial District.
Lat Purser Adds Mixed-Use to SC Portfolio
The 25,300 square-foot Bridgewater Center features both retail and office space. The Mount Pleasant property is home to tenants such as Edward Jones and Ameris Bank.
Hanley Investment Completes Sale of LA Retail
The company represented the seller, an Orange County-based developer, in the disposition of a 6,777-square-foot retail pad building shadow-anchored by LA Fitness.
JV Sells Atlanta-Area Shopping Center for $17M
Forum Management Group purchased the 90,566-square-foot, Kroger-anchored retail asset in Flowery Branch, Ga., located roughly one hour from downtown Atlanta.
CBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
NAI Hiffman Arranges MOB Portfolio Lease
The company’s vice presidents were instrumental in arranging the lease of a 29,000-square-foot medical office portfolio.
Friedman Sells MI Industrial Building
The property, which used to be known as Madison Athletic Club and previously operated as a full service gym, is being repurposed for specialty food manufacturing and distribution space.