Deals
Shopoff Realty Buys Southern California Office Campus
The company partnered with Praelium Commercial Real Estate on the purchase of Castilian Technical Center in the Santa Barbara area.
Microsoft Signs 150 KSF Metro DC Lease
The company will take up eight floors at Tishman Speyer’s Commonwealth Tower in Arlington, Va.
Portland’s Internet Exchange Building Trades for $326M
The sale marks the highest-priced single-property transaction in the state since 2015.
Hometown America Pays $17M for Long Island Manufactured Homes
The 244-site Foxwood Village community changed hands for the first time in almost two decades.
Rexford Industrial Realty Pays $103M for 5 Properties
The purchases of four single-tenant buildings and an outdoor storage facility closed on New Year’s Eve, just in time to bring the company’s total 2020 acquisitions to $1.2 billion.
Brookfield Property Partners Could Go Private in $5.9B Bid
Brookfield Asset Management intends to buy the remaining units of its real estate subsidiary.
Epic Games to Convert Mall to Global HQ
The sale calls off the previous owner’s plans for a mixed-use development at the struggling retail center in Cary, N.C.
Lincoln Equities Pockets $75M for Long Island Industrial Asset
The Home Depot fully occupies the distribution warehouse in Hicksville, N.Y.
Blackstone Takes Space for Miami Tech Team
Shorenstein’s 2 MiamiCentral is now 98 percent leased.
Newmark Brokers Sale of Ohio MHC
The 153-site Madison Estates Mobile Home Park is less than a mile from Lake Erie.