Deals
Novaya Real Estate Ventures Buys $12M Boston-Area MOB
Located at 340 Wood Road, the asset is fully leased to more than 10 tenants, including Milton Pediatrics, MassGeneral Hospital for Children and South Shore Hospital.
Greenfield Partners Sells Baltimore-Area Office/Flex Asset
The Class B facility located in Columbia, Md., traded for $5 million. The new owner occupies roughly 84 percent of the property.
Miami-Area Shopping Complex Fetches $12M
Walmart is the anchor tenant of the 2016-built Palmetto Design Plaza and has 17 years remaining on its lease with 16 five-year options.
PCCP Shells Out $127M for Miami CBD Office Tower
CBRE facilitated the disposition of SunTrust International Center on behalf of seller Crocker Partners, while Invesco Real Estate provided acquisition financing.
Apex International Expands Footprint with New Lease
DAUM Commercial arranged the lease transaction of a newly upgraded industrial facility in Rancho Dominguez, Calif. The tenant is relocating from a nearby 34,500-square-foot facility.
JV Buys 2 California Office Buildings for $37M
The acquisition is part of Harbor Associates’ and Bascom Group’s $500 million investment plan throughout the Western U.S., over the next two years.
Latest Colliers Investment Nears Half-Billion
The commercial real estate services firm will acquire a majority stake in Harrison Street Real Estate Capital, a firm with approximately $14.6 billion in assets under management.
Orlando Hotel Lands $22M Construction Loan
Located on Westbrook Boulevard, the eight-story, 259-key hotel is planned to be the largest Tru by Hilton in the U.S.
Boxcar Betty’s Coming to Chicago
CBRE’s Phil Golding negotiated the lease on behalf of the tenant, while Todd Siegel and Kim Wiskup represented the landlord, KBS Realty Advisors.
Blackstone’s International Market Centers to Buy AmericasMart
The merger, expected to close in the third quarter, will yield a company with 20 million square feet of permanent showroom accommodations.