Deals
JV Buys FedEx Office Headquarters in Metro Dallas
A nearly $80 million purchase got PRP and AXA Investment Managers – Real Assets a fully leased building in the still-growing Legacy West project. The seller was KDC Real Estate Developments & Investments.
LG Signs 410 KSF New Jersey Industrial Lease
The building is situated on approximately 28 acres and boasts a number of sought-after industrial features. CBRE represented the owner in the transaction and LG Electronics was represented by JLL.
Divaris Completes 6 VA Leasing Transactions
The company renewed contracts for five clients, in addition to a new tenant. The office and retail spaces are all located near major transit routes and shopping centers.
IHG Expands Holiday Inn Express Portfolio in India
InterContinental Hotels Group has entered into a partnership to rebrand a number of properties across the country under its midscale flag.
Mainstreet To Acquire CareIT Portfolio for $425M
A partnership between Mainstreet and Tiptree is set to purchase CareIT’s portfolio. The properties include 42 senior living communities and health-care facilities.
JV Obtains $15M Loan for Suburban Chicago Acquisition
The office building is located in Lombard, Ill., near several interstates. The new owners plan on upgrading the property’s amenities and bring lease rates to the current market value.
NewMark Merrill Buys CA Shopping Center
Madison Marketplace is located in Fair Oaks, Calif., and is 93 percent leased to several national and local retailers including Raley’s Supermarkets and TJ Maxx.
National CineMedia Relocates HQ to Denver
The company will move into its new headquarters in June 2018. Near Denver’s Tech Center and Interstate 25, the new location offers tenants plenty of commute options and amenities.
JLL Brokers Montreal Self-Storage Portfolio Sale
The Canada facilities, totaling nearly 169,000 square feet and featuring more than 1,300 climate-controlled units, were acquired by Montreal Mini-Storage Group.
Uber Capital Group Finances Nebraska Retail Asset
The Conestoga Mall is known as the largest mall between Lincoln, Neb., and Denver. The property has more than 60 tenants, including Best Buy, Dillard’s, JC Penny, AMC Theatre and others.