Deals
JV Snags IL Office Park for $129M
Equity Office Properties Trust disposed of Central Park of Lisle I and II, an office campus in Lisle, Ill. HFF marketed the property on behalf of the seller and procured the buyer.
DAUM Arranges Sale of OC Industrial Facility
The company arranged the $32.6 million sale of a newly built, 181,069-square-foot asset on behalf of the buyer, Independent Trading Co.
Berkadia Secures $136M Financing for 2 FL Properties
The Yard at Ivanhoe is a mixed-used project in Orlando, being developed by Real Estate Inverlad, while Grand Boulevard Sandestin is a 469,000-square-foot town center located in Miramar Beach.
Hudson Pacific to Sell 4 Office Assets for $255M
Different buyers will purchase the properties, which are located in premier markets in Northern and Southern California. The proceeds will go toward value-add acquisitions.
OMP Signs Torani to 327 KSF in Bay Area
The 15-year lease, valued at $65 million, will lead to the company’s relocation out of South San Francisco into a new manufacturing facility.
STORE Capital Buys AZ, CA Assets for $21M
The two properties sold by Erickson Construction feature railroad spurs and are located near major thoroughfares. The transaction involved a lease contract for STORE Capital.
Bank of America Renews Charlotte Lease
The firm will increase its office footprint to a total of 318,000 square feet in the Fifth Third Center downtown.
Jackson Walker Expands Houston Office Lease
The law firm will add 3,000 square feet to its newly renewed lease in the city’s downtown, increasing its footprint at 5 Houston Center to nearly 80,000 square feet.
Hanley Arranges Sale of CA Fitness Center
The company brokered the sale of the 31,062-square-foot space occupied by In-Shape Health Clubs. The company represented the seller, a family trust, in the transaction.
GuideStone to Relocate to Pinnacle Tower
The company has sold its current space and will move to the new office space in late summer 2018. JLL brokered both deals.