Deals
GreenWise Market Coming to Mt. Pleasant, SC
Regency Centers revealed its plans to develop a GreenWise Market in Indigo Square, scheduled to open in the fourth quarter of 2018.
New JV to Build 120 KSF CA Self-Storage Facility
A joint venture of Miami City Self Storage and Cypress Equity Investments will develop its first facility in Inglewood, Calif. Self-storage lending REIT Jernigan Capital has invested $28.7 million in the project.
Duke Adds Tenant to Miami Industrial Logistics Center
The Cushman & Wakefield team of Executive Director Wayne Ramoski and Director Gian Rodriguez worked on behalf of the landlord in the lease negotiations.
CBRE Arranges San Antonio MOB Sale
PPH Real Estate LLC bought a specialty medical office building located at 5109 Medical Drive on the CHRISTUS Santa Rosa medical center campus.
Westcore Properties Nabs Industrial Portfolio in San Bernardino, CA
The two fully leased properties in the booming Inland Empire industrial market add to the company’s growing industrial footprint in the region.
Macerich Snags $86M for Chicago Office Asset
Located at 500 N. Michigan Ave., the 326,000-square-foot tower features 24 floors and last underwent cosmetic renovations in 2009. The property is situated adjacent to Macerich’s The Shops at North Bridge.
JV Sells DFW Industrial Facility
JLL represented the sellers, a joint venture between Ridgeline Property Group and Stockbridge Capital Group, and the buyer, Morgan Stanley. Eagle Park 20/35 is a recently constructed Class A distribution facility, centrally located 15 minutes from downtown Dallas.
Reno Distribution Center Changes Hands
JLL’s Capital Markets represented California State Teachers’ Retirement System and Panattoni Development Co. in the sale of a 423,001-square-foot Class A industrial property to LBA Realty.
Griffin Closes Nashville’s Top 2017 Office Deal
An entity owned by Syed Shamim of Bahrain bought the 530,000-square-foot One Century Place. Transwestern will continue as property manager of the Class A building.
SteelWave, Invesco Grab LA Times Facility in SoCal
The joint venture plans to redevelop the former printing plant/office property into a creative office destination featuring a high-end public market.