Deals
Atlanta-Area Retail Portfolio Trades for $35M
The four properties are situated across Gwinnett, Henry and Clayton counties and have a combined occupancy of 92.5 percent. Retail Planning Corp. will handle leasing and management.
Duke Realty Secures Tenant for Chicago-Area Warehouse
Velky Brands will occupy half of the 2017-built speculative facility in Romeoville. Cushman & Wakefield represented the owner in this deal.
Northbridge Investment Nabs New Jersey Mid-Rise
HFF’s Investment Advisory team marketed the property on behalf of the seller, an institutional client, and procured the Canada-based buyer.
Charlottesville Retail Asset Changes Hands
Pantops Plaza Shopping Center is 100 percent leased to five long-term tenants, including Starbucks and Chipotle. Cushman & Wakefield | Thalhimer facilitated the transaction.
Mexican Investor Enters Pittsburgh Market
The Aztec Fund purchased a premier office building in Canonsburg, Penn., for $20.5 million. The asset is part of the only mixed-use campus in southwestern Pennsylvania.
United Pacific Sheds CA Office Asset in Sale-Leaseback Deal
The company sold the nearly 41,000-square-foot property for $15 million and signed a 10-year lease with the new owner, a Northern California-based company.
CenterPoint Buys 224 KSF Industrial Asset in NJ
The company continues its buying spree in the state’s port-related submarkets, with the acquisition of a a fully leased warehouse and distribution facility in South Brunswick, N.J.
Apple Hospitality Expands Portfolio
The firm acquired two Hampton Inn & Suites by Hilton, one in Atlanta and one in Memphis, Tenn. for $63 million.
Kilroy to Add Energy Storage to 6 CA Assets
The company chose Stem Inc. to deploy 7.5 MWh of AI-driven energy storage to four of its office buildings in Los Angeles and two in San Francisco.
Stream Closes New Houston Office Lease
The Greater Houston Community Foundation signed a lease for nearly 20,000 square feet of Class A office space in the city’s Galleria submarket.