Deals
StorageMart Grows Footprint with MN Facility
The company has purchased a self-storage facility in Chaska, Minn. The property’s more than 500 storage units will also serve the communities of Shakopee.
Mack-Cali Sheds Large Business Park in NJ
Monmouth Shores Corporate Park in Wall Township, N.J., comprises five single-story flex assets and three office buildings housing the county’s largest employer.
CBRE Arranges Atlanta Creative Office Lease
Redtail Technology, a client relationship management solutions provider, will occupy 12,800 square feet at Ellsworth Office Lofts in West Atlanta’s tech and creative office hub.
MSD Grabs Dallas Mixed-Use Property
The firm, tech giant Michael Dell’s private investment vehicle, acquired a portion of the Knox District from Sarofim Realty Advisors, walking away with 170,000 square feet of retail space and a 165-unit apartment building.
Monmouth Acquires Daytona Beach Industrial Property
Situated on 27.5 acres, the facility is net-leased for 10 years to B. Braun Medical Inc., a privately held medical device company that manufactures, markets and sells various healthcare products.
NKF Capital Markets Arranges $97M Loan for NJ Office Asset
Rubenstein Partners teamed up with Vision Real Estate Partners to acquire a 700,000-square-foot building in Parsippany, N.J. The partnership plans to renovate the Morris Corporate Center through a capital improvements program.
Colony Industrial Nabs $52M San Antonio Asset
The industrial platform of global real estate firm Colony NorthStar has purchased Enterprise Industrial Park, marking its first-ever deal in the market.
Empire State Inks Full-Floor Lease at Manhattan Office Asset
The Nespresso brand will occupy 41,800 square feet at 111 W. 33rd St., which had its lobby, elevators and entryways recently renovated.
Hertz Investment Snags Baltimore’s Wells Fargo Tower
Natixis provided a $29.3 million loan to the company, which used the financing to purchase the asset and fund tenant improvements and leasing commissions associated with the lease-up of the building.
Monday Properties Nabs Two NoVa Office Buildings
The acquisition includes Dulles Metro Center in Herndon and Cameron Run Office Park in Alexandria, totaling more than 370,200 square feet.