Deals
Boricua College in Brooklyn Sells for $31M
Cushman & Wakefield arranged the sale of the vacant, three-building asset in Williamsburg, which can be converted into a mixed-use development with luxury apartments.
Starwood Capital Group to Sell 14 UK Hotels for $1B
Foncière des Régions will acquire the 2,638-key portfolio, which consists of four- and five-star properties in major cities in England, Scotland and Wales.
Knoll Moves to Fulton Market
The company will occupy the entire sixth and seventh floors and part of the fifth floor in the building, or a total of 24,000 square feet of showroom and office space.
Boulder Group Brokers $13M Jewel-Osco Deal
The property is located in Orlando Park, Ill. and features a drive-thru pharmacy and a large parking lot accommodating more than 450 vehicles.
Finmarc Continues DC-Area Expansion With 115 KSF Mixed-Use
Stone Industrial Campus in College Park, Md. traded for $6.2 million. The property comprises a manufacturing building, a warehouse and an office component.
T5 Adds Second Data Center in Atlanta
The new facility will deliver an initial 10 megawatts of critical power load, with a possibility to expand to more than 20 megawatts in the future, according to tenants’ needs.
NJ Industrial Facility Lands $37M Loan
HFF arranged the 15-year, fixed-rate loan with Allianz Real Estate of America, working on behalf of Bhasin Properties. The asset is situated in Secaucus and comprises 240,317 square feet.
Friedman Arranges Sale of 35 KSF Michigan MOB
Located at 43494 Woodward Ave. in Bloomfield Hills, Mich., the property is currently occupied by The Grunberger Diabetes Institute.
Time Equities Buys $32M Chicago Retail Center
Mid-America Real Estate Corp.’s Investment Sales team brokered the disposition of the 340,849-square-foot Shops at Fox River in McHenry, Ill.
Recently Completed East Dallas Warehouse Lands Tenant
A Franklin, Mass.-based company specialized in warehousing, transportation, distribution and fulfillment solutions leased more than 100,000 square feet in Garland, Texas.