Deals
BLT Enterprises Inks 3 SoCal Leases
Enterprise Rent-a-Car, NN Inc. and United Rentals Realty have signed industrial leases totaling more than 100,000 square feet in Irvine and Santa Monica.
CBRE Closes Sale of 51 KSF Retail Asset in CT
The 50,800-square-foot grocery-anchored property is located halfway between Westport and Fairfield town centers and is currently 95 percent leased.
SJ Collins Sells Atlanta-Area Retail Asset
The developer previously owned the Whole Foods-anchored center. Last year, the building received a Green Globes rating from the Green Building Initiative.
JV Acquires 85-Acre IL Land Parcel
Formerly known as Busse Farm, the land will be used for the development of Elk Grove Technology Park, a 1.2 million-square-foot industrial and data center property.
NC Office Asset Fetches $56M
HFF marketed the property on behalf of an institutional owner advised by Clarion Partners, and arranged acquisition financing with Citizens Bank.
Tempo Automation Signs San Fran Lease
The company will relocate its headquarters to approximately 42,000 square feet of industrial space just outside the city’s downtown area.
Transwestern Handles Sale of Denver Flex Property
The office and warehouse development in the High Pointe Business Center was built in 2001 and is fully occupied by a diverse mix of stable, industry-leading tenants including Eaton Corp., AimLock and Beabout Brock Easley.
C&W Arranges Sale of 2 Mixed-Use Manhattan Assets
Acting on behalf of separate sellers, the commercial real estate services firm secured buyers for the properties, both of which are located in the Flatiron District near the popular Madison Park submarket.
San Jose Office Development Lands First Tenant
An IT firm plans to occupy building number one at the Coleman Highline development by 2019. The owner plans to add four more structures on the same site.
Savannah Industrial Building Commands $57M
Monmouth Real Estate Corp. purchased the new 831,764-square-foot building at 590 Northport Parkway, which has been net-leased to Shaw Industries for the next decade.