Deals
Brookfield Pays $875M for Houston Center
With the assistance of HFF, J.P. Morgan Asset Management sold the 4.2 million-square-foot office and retail complex in downtown Houston, in one of the cities largest-ever office transactions.
Portland Office Tower Commands $68M
NKF Capital Markets represented Felton Properties in the sale of 400 Sixth Avenue. A joint venture between SteelWave and Barings Real Estate Advisers purchased the 208,477-square-foot asset.
Starboard Closes East Bay Industrial Condominium Sale
The property is located within two miles of both Interstate 880 and California Route 92, offering accessibility to San Francisco and the wider Bay Area market.
PAC Expands Shopping Center Portfolio
The 74,370-square-foot Roswell Wieuca is 100 percent leased to a variety of tenants. The purchase marks PAC’s 38th grocery-anchored acquisition across seven Sunbelt states.
Becker Properties Nabs San Diego Shopping Center for $10M
The property, located in the Mission Gorge of San Diego submarket, is anchored by a CVS pharmacy and marks Becker’s fourth retail acquisition in the city.
DAUM Brokers Sale of 41 KSF Industrial Facility in OC
The Huntington Beach, Calif., facility was purchased by a family-owned electronic vaping business. DAUM Commercial represented the buyer and JLL worked on behalf of the seller.
C&W Closes Sale of 75-Acre Former Konyn Dairy Site
Touchstone Communities plans to develop Park Circle, a mixed-use development that will bring a retail town center with restaurants, shops, community space and more to San Diego.
Recursion to Open New HQ in SLC
The pharmaceuticals company will occupy 100,000 square feet at the upcoming The Gateway lifestyle and entertainment center in the heart of Salt Lake City.
Innovative Industrial to Purchase 350 KSF Medical-Use Cannabis Facility
The firm will also enter into a long-term, triple-net lease agreement with The Pharm, which is planning certain tenant improvements.
Meridian Group Grabs VA Trophy Tower
The acquisition fuels the company’s investment strategy, initiated by the development of an $825 million mixed-use project situated across the building.