Deals
Capital One Secures $44M Loan for NC MOB Portfolio
The borrower is a partnership between Heitman—a global real estate investment management firm—and Montecito Medical, a privately-held real estate company.
The Dillon Grows Office Tenant Roster
The mixed-use development’s office tower is currently 40 percent pre-leased. Construction of The Dillon is expected to be complete in early 2018.
LA Office Building Sells Online for $17M
The sale of the building, located in the city’s Century City neighborhood, was handled from start to finish using Ten-X’s Offer Select tool.
Memphis Hooters Sells for Record Cap Rate
Stan Johnson Co. brokered the $4 million sale of the restaurant in Memphis, Tenn., to a private investor based in California.
Hines Signs Chipotle to 152 KSF in Denver
With the 15-year deal in place, the upcoming 671,000-square-foot office development at 1144 15th St. in downtown’s LoDo neighborhood is now more than 65 percent pre-leased.
Carter Validus Sells Data Center for $315M
An affiliate of Digital Realty Trust LP is the new owner of a 250,000-square-foot data center situated in the Chicago suburb of Northlake, Ill.
Crestone Partners Buys Denver Office Tower
HFF arranged $70.7 million in financing for the acquisition of Granite Place at Village Center in Greenwood Village, Colo. The company secured the loan through Principal Real Estate Investors.
CenterPoint Expands Miami Portfolio
The 130,000-square-foot industrial facility features 24-foot clear heights, a secure truck court, 125 parking spots, 13 dock high doors and ESFR sprinklers.
Kennedy Wilson Buys $60M Portland Mixed-Use Community
The two four-story buildings offer a mix of studio, one- and two- bedroom units with an average rental rate of $1,851. The community also includes more than 6,000 square feet of retail space.
Exeter Property Acquires 2 Industrial Assets Near Columbus
Both buildings are located within the Rickenbacker Global Logistics Park and offer long-term leases. The previous owner was a partnership of several institutional investors advised by J.P. Morgan.