Deals
McCraney to Build 610 KSF Spec Building near Charlotte Airport
The company acquired a 54-acre parcel less than one mile from the airport as part of its 2 million-square-foot industrial expansion throughout the Southeast U.S.
CIM Group Acquires Uber’s Uptown Station in Oakland, CA
The buyer will continue redeveloping the former department store into a 356,000-square-foot Class A creative office and retail property, with the building expected to open by the end of 2018.
HFF Brokers Northwest Austin Office Sale
The Parkcrest office building recently underwent a series of renovations and offers visibility and direct access to Austin’s major roadways.
CBRE Acquires Italian Engineering Services Provider
Geico Lender focuses on providing a broad range of services for the installation of HVAC, building automation and other technological systems for financial institutions and other private sector companies.
CBRE Arranges Sale of Greenville-Area Facility
The buyer revealed its plans to upgrade the property’s exterior and interior features as well as the parking and truck court surfaces.
Choice Hotels to Buy WoodSpring Suites for $231M
The company will become the brand’s franchisor, strengthening its leadership in the extended-stay segment with the acquisition of 240 hotels in 35 states.
Jernigan Invests in 2nd NJ Facility
The firm has invested $10.6 million in a proposed self-storage facility in Dover. Construction will begin in 2018, with completion slated for 2019.
NKF Brokers Sale of Boston-Area Retail Plaza
Cohasset Village Plaza is located south of Boston, along Route 3A, which connects several coastal communities along a highly trafficked retail corridor.
Terreno Snags $38M CA Industrial Asset
The property comprises two distribution facilities located in Gardena that total 231,000 square feet. The estimated stabilized cap rate is approximately 4 percent.
Jamestown Acquires 280 KSF Bronx Mixed-Use Asset
The Class A building contains office and retail space and is leased to a range of tenants, including The City of New York and Montefiore Medical Center.