Deals
Trophy Office Campus in Raleigh Commands $135M
The sale of the three-building Lenovo Enterprise Campus in the Research Triangle Park marks 90 North Real Estate Partners’ first disposition in the U.S.
Retail Property in Luxe Ski Town Trades for $28M
Florida-based Consolidated-Tomoka’s acquisition of an Aspen, Colo., property coincided with the execution of a 20-year, triple-net master lease.
Marcus & Millichap Cinches Sale of IN Self-Storage Facility
The company represented the seller of Southside Storage in Bloomington, Ind., which changed hands for $74 per net rentable square foot.
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
Shorenstein Snaps Up $255M Office Tower
ASB Real Estate Investments sold Capella Tower and the adjoining Star Tribune Building in Minneapolis on behalf of its $7.4 billion Allegiance Fund.
EverWest Disposes of Denver-Area Mixed-Use Asset
HFF has facilitated the sale of the Louisville office and retail center located 23 miles north of the metro core.
JV Acquires Houston Self-Storage Asset
Pasco Cos., together with Patriot Self Storage Management, has bought a 54,000 square-foot storage facility featuring 1,000 square feet of climate-controlled wine storage.
Thor Equities Enters Philadelphia Market
The firm acquired 907 Market St., a 214,000-square-foot asset, part of the much larger Market East, which includes the Lits Brothers Building, East Market and Fashion District Philadelphia.
Kiddar Capital Nabs Suburban DC Development Site
The nearly five-acre parcel, currently home to a 135,000-square-foot office building, will be the landing site of a new metro station.