Deals
Lincoln Place in NJ Welcomes New Tenants
American Equity Partners signed three new leases totaling 75,000 square feet at the recently renovated premier office asset in Edison, N.J.
BBX Capital, Stiles Trade FL Retail Property
The building sold for more than $7 million and is part of PGA Station, a mixed-use development featuring office and shopping space.
Strategic Storage Trust IV Buys Inland Empire Facility
The self-storage facility located in Riverside, Calif. comprises 55,000 rentable square feet and offers 460 units. SmartStop will manage the property.
WeWork Leases SF Office Tower
The coworking space provider has signed a deal with Kennedy Wilson and Takenaka Corp. to fully occupy 430 California St., as well as the historic bank building next door.
High Street Realty Buys Chicago Industrial Portfolio for $86M
JLL’s Capital Markets team facilitated the transaction, which included 11 institutional-quality, value-add properties totaling nearly 1.2 million square feet.
Transactions: April 2018
The following is a list of transactions that were announced between February 22 and March 6, 2018.
McCraney Acquires Land for GA Industrial Park
985 Lanier Logistics in Buford will total more than 600,000 square feet and comprise three Class A industrial buildings ranging from 167,000 to 236,000 square feet.
Philly Sheraton Lands New Owner, Planned Makeover
The Buccini/Pollin Group acquired the 364-key property in the Old City district for almost $100 million. The Delaware-based company is set to renovate and rebrand the hotel.
City Furniture Signs 246 KSF Industrial Lease in Florida
The Park @ 429 in the Orlando MSA is scheduled for completion next month. The Fort Lauderdale-based home retailer is expected to open its new location this October.
NoVa Office Complex Lands Two Leases of 60 KSF
The four-building, Class A office ensemble traded last September for $53.5 million. Worldgate Metro Plaza will soon undergo $10 million of capital improvements.