Deals
Penwood Grabs 508 KSF Warehouse in PA
The fully leased property is situated along the Interstate 81 industrial corridor in Mechanicsburg, Pa., and previously traded as part of a $3.2 billion portfolio.
Washington Prime Buys Montana Regional Mall
NKF Capital Markets, which handled the transaction, expects the disposition of the Southgate Mall in Missoula to be one of the largest 2018 mall sales in the Pacific Northwest.
PMAT Offloads GA Retail Property
The recently renovated grocery store-anchored shopping center in Acworth contains more than 100,000 square feet of leasable space. HFF arranged the sale of the almost fully leased property.
Empire Distribution to Relocate Atlanta HQ
The suburban industrial asset—which contains more than 600,000 square feet of distribution and office space—is expected to come online by the end of the year.
Starboard Commercial Arranges Sale of Sacramento Retail Asset
Located at 318 N. Sunrise Ave. in Roseville, Calif., the 24,750-square-foot property built in 1992 has one tenant—Pet Club.
The Macomb Group Leases 80 KSF at Charlotte Industrial Park
The Michigan-based distributor will establish its Southeastern regional headquarters in the remaining space of Steele Creek Commerce Park’s first phase.
Titan Capital Lets Go of Ohio Office Building
A team of brokers from CBRE and NKF represented the owner of the 23-story property, the fourth largest building in Dayton, in the transaction.
JV Buys $12M Phoenix MOB
Constructed in 2012, the 34,000-square-foot property is 90 percent occupied by Banner Medical Group and the Center for Orthopedic Research and Education Inc.
HFF Brokers Suburban NJ Office Campus Sale
An affiliate of Hartford Investment Management Co. disposed of the seven-building park, which will receive a complete rebranding and repositioning under its new ownership.
Starwood Property Trust Sells Broward County Asset
A CBRE team represented the seller in the transaction, while Transamerica Life Insurance Co. provided acquisition financing on behalf of the buyer/borrower.