Deals
BGL Real Estate Partners Trades 2 MOBs in MS
BGLREP’s National Healthcare Real Estate Group acted as the seller’s sole representative. Combined, the properties encompass 33,700 square feet.
Grubb Properties Inks 63 KSF Atlanta Office Lease
Veritas Collaborative signed a long-term agreement to occupy four floors in one of the three buildings within the Park at Perimeter Center East.
Curvature Inks 42 KSF Charlotte Lease
Joe Franco and Stephanie Spivey of CBRE represented the landlord in the partial lease of the six-story, 152,000-square-foot office building.
Massive Inland Empire Industrial Park Leases Up 2nd Phase
Two new tenants have committed to nearly 1.2 million square feet of Class A space at Watson Industrial Park Chino, a 263-acre master-planned center in Chino, Calif.
Hertz Investment Acquires 807 KSF Houston Office Campus
HFF’s Investment Advisory group represented Parmenter Realty Partners in the sale of the three-building, Class A Brookhollow Central I, II and III in the city’s North Loop, and procured the buyer.
Metro LA Office Campus Changes Hands for $47M
SteelWave sold The Arbors, in Thousand Oaks, to Felton Properties. In less than five years, the four-building asset has gone from an REO near-foreclosure to a major renovation.
JV Acquires AR Hotel Portfolio
The two properties, situated in the Bentonville-Rogers area, include more than 200 guestrooms and are both located along Interstate 49.
JV Signs Franchise Agreement for FL Hilton Hotel
The new Tapestry Collection by Hilton in Melbourne represents the first property in Florida for the hospitality chain’s 14th brand. The 156-unit lodging project is scheduled to open in early 2020.
Duke Realty Inks 166 KSF at Chicago Industrial Asset
Acer Service Corp. signed a lease to occupy 55 percent of Lockport 16508, a 300,494-square-foot warehouse the company acquired as part of a three-property portfolio deal last year.
Heitman Acquires 17-Asset MOB Portfolio
NexCore Group represented the company and will manage and lease the properties. JLL Capital Markets, which handled the deal for the seller, called the transaction one of the largest in the sector.