Deals
SDM Partners Acquires 2 Metro Atlanta Office Assets
Transwestern has been selected to provide leasing and management services for the 400,000 square feet of office space, formerly occupied by AT&T.
Mohr Capital Acquires 460 KSF Cleveland Office Center
The transaction was negotiated by Rodrigo Godoi, director of acquisitions with Mohr Capital, and closed at $52 million. The property is fully leased.
Electrolux Renews IL Warehouse Lease
The global appliance leader renewed its lease with Duke Realty for the 965,183-square-foot Midpoint Distribution 801, located in Minooka, Ill.
NAI Arranges Austin Lease Renewal
David Stojanik worked on behalf of the tenant in the lease negotiations. Capstar Lending LLC will continue to occupy its 9,654-square-foot space at Northpoint Center I.
Bridge Office Expands Atlanta Portfolio
The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.
Ascentris Snags 143 KSF Office in the San Fernando Valley
A private investor sold Tri-Center Plaza in Van Nuys, Calif., to Ascentris. The new owner is set to embark on a renovation program that includes upgrading the exterior, amenities and modernizing the common areas.
CRG to Develop Former Intel Campus Near Seattle
With the recent purchase of the Seattle-area property, CRG will develop a two-phase, 1.6 million-square-foot institutional-quality business park on the site of a former Intel campus.
KeyBank Arranges $41M for GA Community
Passco Cos. used the first mortgage, Fannie Mae loan to purchase the 320-unit Mariner Grove community in Savannah from Brand Properties.
Evocative Enters VA Data Center Market
The Michael Faraday building, located in the heart of Fairfax County, offers good fiber connectivity options, with more than 15 carriers to choose from.
Miami-Area Retail Asset Lands $25M Acquisition Loan
The Aztec Group team of Jason Shapiro and Sean Harrington worked on behalf of the borrower acquiring the shopping center for $31.5 million.