Deals
Friedman Negotiates Lease for Meritus Property
The 20,045-square-foot space is part of Tri-Atria Office Building, a two-story property located in Farmington Hills, Mich., and managed by Sterling Group.
Transwestern Facilitates 130 KSF Industrial Sale
Rytec Corp. purchased the high-tech manufacturing facility located in Hartford, Wisc., to accommodate the expansion of Rotec Corp., an affiliate company.
Hillwood Expands Indy Footprint
The company purchased a portfolio of three industrial properties, totaling more than 1 million square feet of warehouse space, from Northwestern Mutual and Panattoni.
Boston University-Proximate Retail Asset Trades
J. & M. Realty Inc. has sold 957 Commonwealth Ave., a 15,800-square-foot retail property in Brighton, with the aim of serving Boston University’s students, faculty and staff.
Compass Self Storage Continues GA Expansion
The Amsdell Group affiliate has purchased a 72,000-square-foot facility in McDonough, Ga. The asset marks the 12th Atlanta-area Compass Self Storage facility.
Richland Expands Houston Footprint
Spread across a 3.9-acre site, the new acquisition marks the company’s 15th property in the area, while the firm’s portfolio includes approximately 1.9 million square feet of properties in the Bayou City.
Meridian Buys 3-Asset MOB Portfolio in LA
The project also includes the repurposing of an existing, two-story 8,280-square-foot building into a new single-story 9,200-square-foot Type V-A ambulatory, outpatient clinic.
DC-Area Marriott Hotel Changes Hands
The six-story, 316-key Fairfax Marriott at Fair Oaks is a less than 20-minute drive from the Washington Dulles International Airport.
The Manitowoc Co. Relocating HQ to Milwaukee
The firm has leased 16,000 square feet in the northwest part of the city, where it will move its headquarters later this quarter.
Monarch Investments Signs 40 KSF Nashville-Area Lease
The new tenant, a discount fashion retailer, plans to open its first central Tennessee location in the space during the second quarter of 2018.