Deals
Clipper Group to Relocate, Consolidate Houston HQ
JLL’s Eugene Terry represented Clipper Americas, a subsidiary of the Clipper Group, in the lease negotiations with landlord Moody Rambin.
Brookfield Strikes Deal to Acquire Rest of GGP
The combined company will have ownership interests in some $90 billion worth of assets and an annual net operating income of more than $4 billion.
Graham Commercial Sells North FL Industrial Assets
Interstate South Commerce Center encompasses more than 260,000 square feet across six building, currently leased to notable tenants including Honeywell and Lennar.
Duke Realty Buys 3.1 MSF Industrial Portfolio
With this acquisition, which includes six newly constructed buildings and two sites for future development, the company’s New Jersey footprint has increased to 5.6 million square feet.
Murphy Development Trades $27M San Diego Property
The industrial asset, which contains more than 165,000 square feet, sits within a mile and a half of the U.S.-Mexico border.
Moonwater Capital Expands in Vegas With $41M Office Buy
The company plans on filling the vacant first-floor with retailers. Two, 4,000-square-foot pad sites will be added on adjacent land, intended for medical offices, office or retail development.
TriGate Capital Buys Tampa Industrial Asset
The 368,081-square-foot asset marks the company’s second acquisition within the Tampa market. Big Box Property sold the building for $20.3 million.
XPO Logistics to Open SoFla Fulfillment Center
The global logistics company will occupy 50,000 square feet at Becknell Industrial’s spec facility scheduled for completion at the end of March.
Newport Capital Partners Adds WI Shopping Center to Portfolio
The Plaza, a 108,000-square-foot property in Brookfield, Wis., represents the seventh asset in the buyer’s retail fund. The transaction closed at $17.9 million.
BBG Relocates Local Office to Midtown Detroit
The company moved to a two-story, 9,000-square-foot Brush Park office building, which was once the site of a 100-year-old auto garage.