Deals
JCPenney Sells Legacy WI Warehouse
The Wauwatosa outlet centers encompasses more than 2 million square feet and was bought by an affiliate of Phoenix Investors for $31.3 million.
Bixby Continues Western Industrial Expansion in Seattle
The 55,660-square-foot asset dating back to 2004 is located south of downtown Seattle, with Cummins Inc. as its sole tenant.
Vacasa to Relocate Corporate HQ
The vacation rental management company is expected to move its headquarters to Heatline, a five-story development in Portland, Ore., by mid-year.
Strategic Storage Growth Trust Buys CA Facility
The firm has purchased a 900-unit newly constructed self-storage property located in Chula Vista, Calif., a suburb of San Diego.
Bentall Kennedy Buys MA Office Asset
NKF Capital Markets arranged the sale of the Class A property, one of seven buildings within Minuteman Park, a master-planned suburban campus totaling 1 million square feet.
Boxer Properties Sells Houston Office Asset
NAI Partners negotiated the transaction on behalf of ManhattanLife, the buyer of 13831 Northwest Freeway.
Lettuce Entertain to Open New Chicago Restaurant
The retailer signed a 38,000-square-foot lease at 321 N. Clark St. in Chicago’s River North neighborhood. The restaurant is slated to open in the summer of 2019.
AutoNation Renews HQ Lease in Downtown Ft. Lauderdale
The automotive retailer signed on for an additional 12-year term at the AutoNation Building, with an option to extend the lease by eight years.
DC-Area Westin Hotel Changes Hands for $62M
The 407-key transit-oriented Westin Tysons Corner is located in the largest office submarket in Virginia, providing easy access to the Dulles International Airport.
Virginia Beach Office Building Trades for $2M
ABNB Federal Credit Union sold the 20,956-square-foot property located in one of the most livable cities in the U.S., in a deal facilitated by Cushman & Wakefield | Thalhimer.