Deals
Dalfen America Acquires Columbus Asset
Alum Creek Business Center is a two-building industrial property totaling 303,000 square feet. Following the acquisition, Dalfen’s Columbus footprint expanded to approximately 1.1 million square feet of industrial space.
Carter Validus Sells $750M Data Center Portfolio
The portfolio comprises more than 2 million square feet of net leasable space. The data centers have an average occupancy of 97 percent, with Fortune Global 500 and NYSE/Nasdaq-listed tenants.
International Wheel and Tire Buys MI Asset
The 53,486-square-foot property is located in Farmington Hills, Mich., and features a 21,000-square-foot office component. Friedman Integrated Real Estate Solutions brokered the deal.
Activity Abounds at Gaedeke’s Dallas Office Properties
One McKinney Plaza, 17Seventeen McKinney and Regency Plaza wrappped up the year with a burst of new leases, as the buildings’ owner makes renovation plans at two of the assets.
Caesars, VICI Close $1.1B Harrah’s Sale-Leaseback
The deal paves the way for Caesars to develop a new convention center and partially funds the firm’s previously announced acquisition of Centaur.
Two-State Industrial Portfolio Commands $40M
BPP Pacific sold the assets located across Arizona and Colorado in a deal facilitated by JLL. The properties are 92 percent leased to 17 tenants.
NAI Hanson Brokers Northern NJ Flex Sale
The industrial flex building sits next to the intersection of Interstate 80 and the Garden State Parkway, offering convenient access across the region.
Northpond Partners Acquires 2 Minneapolis Mixed-Use Assets
The buildings were part of First & First creative real estate portfolio and encompass a total of 95,895 square feet of office, retail and residential space
Forest City Initiates Major Retail Selloff
Once the Madison International Realty and QIC transactions are completed, Forest City will have exited from substantially all of the shopping center-based retail in its portfolio.
South FL Shopping Center Trades for $33M
JBL Asset Management has acquired Flamingo Pines Plaza, a nearly 140,000-square-foot community retail center, located in the South Florida submarket.