Deals
U-Haul Purchases Western CO Retail Building
The property, featuring more than 85,000 square feet of space, was formerly occupied by a Kmart which closed its doors in March.
Onyx Equities JV Expands NJ Office Portfolio
The acquisition marks Onyx Equities’ and Garrison Investment Group’s fifth venture, expanding the joint portfolio to 1.4 million square feet.
APG Acquires $22M Atlanta Office Park
The company purchased Shadowood Office Park from The Ardent Cos. The sale was subject to a $19 million loan held by SunTrust Bank.
LA Office Campus Fetches $117M
NKF Capital Markets represented Rockwood Capital and Marshall Property in the sale of the 203,946-square-foot Class A property to Deutsche Asset & Wealth Management.
Citimark Snags 332KSF Tampa Industrial Portfolio
HFF arranged the acquisition financing for the two-campus infill portfolio comprising Pioneer Industrial Park and Sunstate Industrial Park through JP Morgan Asset Management.
CBRE Secures Portland Industrial Asset Sale
The buyer of the nearly 13-acre industrial site is a local food distributor. The transaction marks the company’s second in Portland’s Northeast submarket.
Morning Calm Closes Suburban DC Office Value-Add Deal
The nearly 300,000-square-foot park is less than half occupied, but its immediate environs look to be on the verge of a boom.
Unibail-Rodamco to Acquire Westfield in $16B Deal
Expected to close in the second quarter of 2018, the transaction would create a global company with a gross market value of $72.2 billion and 104 assets in many of the world’s most attractive retail markets.
L&L Signs Shiseido to 226 KSF in New York City
The cosmetics firm will relocate its Manhattan headquarters to 390 Madison Ave., a 900,000-square-foot redevelopment project the real estate investment firm is undertaking in a partnership with Clarion Partners LLC, on behalf of the New York State Common Retirement Fund.
CBRE Arranges 67 KSF FL Industrial Leases
The team of Tom O’Loughlin and Larry Genet worked on behalf of the landlords in securing three new industrial leases in South Florida.