Deals
Marcus & Millichap Arranges IL Office Building Sale
The modern, three-story asset is located in Decatur and was bought by a private California investor through a 1031 exchange.
SVN Facilitates Century-Old Chicago Building Sale
Drew Dillon, Chad Schroedl and Scott Maesel led the negotiation efforts on behalf of the seller, Gerding Elden. John Livaditis represented the buyer, RDG Funds.
NKF Capital Markets Brokers 133 KSF LA Office Building Sale
TH Real Estate acquired a 133,000-square-foot office property in Westlake Village, Calif. At the time of sale, the two-story asset was 91 percent leased.
Chicago-Area Hotel Changes Hands for $5M
Huff, Niehaus & Associates Inc. brokered the $4.5 million sale of the Best Western Plus La Porte Hotel and Conference Center, located within one hour of Chicago.
The Vitamin Shoppe Relocates Back-Office Operations
The retailer of nutritional supplements leased 28,000 square feet of office space at a 260,000-square-foot office building in Secaucus, N.J.
Brennan JV Acquires GA Industrial Asset
The distribution center located in Canton comprises more than 450,000 square feet and is fully occupied by online furniture retailer Belnick Inc.
SKAE Buys NY Facility
Situated in Orangeburg, the 255,000-square-foot property acquired from Verizon Wireless in a sale-leaseback deal features a data center and office space.
Terra Sells $72M Miami-Area Retail Center
Doral Commons, which was 95 percent leased at the time of sale, fetched $514 per square foot two years after being completed.
Hines Nabs Industrial Space in Tight SoCal Market
The firm intends to implement a robust improvement plan, looking to position the site as a facility for last-mile distribution or traditional manufacturing and warehouse tenants.
Vertex King of Prussia HQ Trades for $47M
The Class A property is located within the 200-acre Renaissance Park corporate campus. HFF represented both parties in the transaction.