Deals
World Class Buys 1.3 MSF Austin Campus
The company purchased the iconic 1.3 million-square-foot 3M Austin Center, where seller 3M will continue to occupy space for the remainder of 2018.
Brixmor Sells Suburban Nashville Retail Asset
The nearly 300,000-square-foot shopping center is anchored by Publix and home to Bed Bath & Beyond, PetSmart and a number of other retailers.
Central OR Resort Trades for $12M
KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.
BGL Sells Michigan MOB
BGL Real Estate Partners’ National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction.
Marcus & Millichap Arranges Self-Storage Sale
The company’s self-storage advisory team, The Mele Group, brokered the sale of Hyde Park Storage, a 205-unit asset located in Tampa.
NAI Partners Negotiates Houston Office Lease
Renovated in 2013, 515 Post Oak Blvd. is a LEED-certified 273,710-square-foot high-rise. The property was roughly 17 percent vacant at the time of the transaction.
Repositioning of Queens Asset Lands $81M in Financing
NKF Capital Markets arranged the loan on behalf of Normandy Real Estate Partners, for the acquisition and repositioning of 25-11 49th Ave. in Long Island City.
Magellan Completes $375M Investment Strategy
The company sold two Commerce, Calif. industrial properties for a total of $77.6 million, finishing off its three-year investment, development and disposition value-add plan.
Brennan, Arch Street Team Up for Sale-Leaseback Deal
Located in four East Coast states, the properties total 2.3 million square feet. The BlueLinx portfolio boosts the JV’s single-tenant net-leased industrial holdings to more than $1 billion.
Marriott Unveils Milwaukee Airport Hotel
The Four Points by Sheraton Milwaukee Airport offers 178 guest rooms and more than 17,000 square feet of meeting and event space.