Deals
JLL Completes Office HQ Lease in Irvine
The company represented both the tenant, Xponential Fitness, and the landlords, Hines and PIMCO, in the transaction. The space leased will serve as the tenant’s corporate headquarters.
AEW, MRP Land $26M Bronx Industrial Complex
The facilities, which total 120,000 square feet of warehouse and distribution space, also benefit from a strategic location in the Hunts Point neighborhood.
Tri-County Business Park Fetches $40M in Tampa Bay
Cushman & Wakefield brokered the sale of the 675,735-square-foot facility on behalf of True North Management Group, at which time the asset was 75 percent leased.
Inland Real Estate Closes Chicago MOB Acquisition
The Edward-Elmhurst Health Center is a 13,000-square-foot medical office building, which features 10 exam rooms, one procedure room, one endoscopy suite and four pre- and post-recovery rooms.
Terreno Sells $11.5M Industrial Asset in Baltimore Area
The Jessup property previously changed hands in March 2011, when the California-based company shelled out $5.8 million, less than the $6.9 million it traded for in 2005.
Calare Grabs CT Industrial Property
The 175,000-square-foot warehouse was renovated in 2002 and is located roughly halfway between New York City and Providence, offering immediate access to the Interstate 91 corridor.
Driftwood Buys 231-Key Dallas Lakefront Hotel
The five-story Hilton is located in The Harbor mixed-use development on Lake Ray Hubbard. TRC Capital Partners was the seller.
Aon Acquires The Townsend Group
With this purchase, the company’s investment organization now manages more than $130 billion of worldwide assets. Morgan Stanley & Co. served as the seller’s financial advisor.
CenterPoint Increases Bay Area Footprint
The company’s latest acquisition, a nearly 200,000-square-foot rail-served industrial property, sits near the entrance to the San Mateo-Hayward Bridge, enabling convenient access throughout the Bay Area.
CBRE Brokers 167 KSF Minnesota Portfolio Deal
Red Tail Acquisitions purchased three single-story assets in Eden Prairie, Minn. The buildings offer office and warehouse space.