Deals
Hock Plaza in Durham Fetches $142M
The medical and educational office building is home to 34 different Duke University institutes and research functions, including the Center for Autism and Brain Development.
Rich Uncles Buys AvAir HQ in Arizona for $27M
Lee & Associates has brokered the transaction on behalf of the buyer. The sale price equates to nearly $163 per square foot.
SVF Snags $23M Miami-Area Flex Campus
The Cushman & Wakefield Capital Markets team, along with two leasing partners, negotiated the sale of Transal Park, a six-property campus that was 88 percent leased at the time of sale.
Retail Center Trades for $13M in Buford, GA
The two-building retail center anchored by Petco is currently 96 percent leased. The asset is across the street from the Mall of Georgia, and along a route with a daily traffic count of 31,000 vehicles.
Arizona Office Buildings Change Hands in $69M Deal
Transwestern Investment Group sold the 226,358-square-foot Lincoln Towne Centre in Scottsdale on behalf of its TSP Value and Income Fund I LP.
DelMonte Hotel Group Sells NY Portfolio
Hunter Hotel Advisors represented the seller in the disposition of the Courtyard by Marriott properties, which the new owners plan to renovate by investing $5 million in capital improvements.
TSCG Closes Partial Sale of FL Retail Asset
The acquired portion of Riverside Centre in St. Augustine, currently leased to Hobby Lobby and Sherwin Williams, contains approximately 62,000 square feet.
Marcus & Millichap Facilitates Self-Storage Sale
Michael Mele and Luke Elliott, both investment specialists, brokered the sale on behalf of the seller, a limited liability company, and procured the buyer, a private investor.
South Bay Office Building Changes Hands
PCCP LLC has provided a $29.1 million senior loan for the purchase of a nearly 89,000-square-foot, eight-story office building near the LAX Airport.
HFF Brokers Sale of San Antonio Retail Asset
A private investor acquired Nacogdoches Crossing, a roughly 22,500-square-foot neighborhood shopping center, located on the northeastern outskirts of the San Antonio.