Deals
Capstone Equities Snags Little Tokyo Office Asset
Charles Dunn Co. negotiated the sale of the 55,000-square-foot building that serves as the Federal Public Defenders’ Los Angeles office.
CCP Lands 202 KSF Charleston-Area Industrial Asset
CBRE Capital Markets brokered the sale of Foxbank Industrial Park on behalf of the seller, JL Woode. Located in Moncks Corner, S.C., the property is home to Sea Fox Boats.
Jernigan Continues Self-Storage Investment
The company has invested nearly $12 million in a proposed 813-unit storage facility in Minneapolis. The project is slated for completion by the second quarter of 2019.
Bellomy & Co. Facilitates 3 Self-Storage Deals in Texas
The three storage facilities are located in Austin, Katy and Edinburg. Bellomy & Co. worked on behalf of the seller and procured the buyer in each transaction.
Hanley Investment Negotiates Sale of Sacramento School
Located in one of the fastest growing submarkets in the area, Merryhill Schools comprises more than 20,000 square feet. Hyland Investment Properties Inc. represented the buyer.
Uber Leases Full Floor at Manhattan’s 1400 Broadway
The company will occupy 34,600 square feet, the entire 12th floor of the building. The property still has 225,638 square feet available for lease.
KBS Inks, Renews Tenants at WA Industrial Park
Totaling 84,547 square feet, the firm closed three leases at The Park at Woodinville, located 20 miles from Seattle and 15 miles from Bellevue.
Skanska Sells Hotel Development for $53M
The transfer of the 229-key, 18-story asset to Balder will take place upon completion of the project, scheduled for the first quarter of 2021.
Richmond All-Suite Hotel Sells for $9M
Stay Over Suites in Hopewell, Va. is located within a 30-minute drive south of downtown Richmond and comprises 108 suites in two separate buildings.
MCA Signs New Tenant, Sells 6 in Vegas
The company sold five buildings from Lamb Technology Center with a significant profit, and an additional industrial property was disposed of after the tenant defaulted on its contract.