Deals
McLane Global Renews, Expands Houston Logistics Lease
The tenant will occupy an entire building within Interstate Commerce Center, a master-planned office and logistics park with direct frontage along Interstate 45.
Brookfield Sells SoCal Office Asset
Atlantic Pearl Investments purchased the Class A, 78,000-square-foot Long Beach property. CBRE negotiated the deal on behalf of the seller.
Scannell Properties Snaps Up NC Warehouse
The Dilweg Cos. sold Regional Commerce Center, a 46-building property at 706 Ellis Road in Durham for $6.7 million. The 1.2 million-square-foot complex was 34 percent leased at the time of the sale.
Berkeley Partners Buys $14M DC-Area Asset
Previous ownership acquired a completely vacant building in 2013 and invested more than $4 million in renovations and various upgrades.
Seavest, Fleisher Buy Denver MOB
Built in 1999, Lincoln Court Healthcare Building is a 18,417-square-foot, two-story medical office building located in the Littleton submarket.
Atlanta MOB Changes Hands
A partnership between G.H. Anderson & Co. and The Gipson Co. sold a 48,588-square-foot medical office building located in Atlanta’s Buckhead Business District.
Hall Capital Snags $36M SC Office Asset
CBRE represented the seller, a partnership between Trinity Capital Advisors and Durlach Associates, in the disposition of Faber Plaza, a five-story Class A office building in Charleston.
KBS Sells South Beach Asset for $38M
CBRE’s Capital Markets and Debt & Structured Finance teams facilitated the transaction and arranged acquisition financing on behalf of buyer Green Oak Real Estate.
JV Purchases 4th Baltimore-Area Asset for $7M
The fully occupied flex/industrial building is located in Howard County, within 20 and 25 miles of central Baltimore and D.C., respectively.
Cress Capital Snags CO Office Asset
In a partnership with Revesco Properties, the firm invested $16.6 million in acquiring Orchard Pointe, an office building in the Denver Technology Center, located in Greenwood Village.