Deals
Midcoast Properties Brokers NC Self-Storage Facility Sale
The 20,000-square-foot, four-building asset, Alcom Mini Storage, is in Cherryville, N.C. Midcoast Properties represented the seller.
SoCal MOB Lands $25M Loan
The approximately 40,000-square-foot asset was subject to a fixed-rate construction loan. Keystone Mortgage Corporation will oversee financing.
Transwestern JV Buys Seattle-Area Office Park
Equity Office Properties Trust sold Redmond Hilltop, a 178,769-square-foot office campus in Redmond, Wash., to a joint venture between Transwestern and Diversified International Partners.
Sonnenblick-Eichner Closes Seattle Hotel Sale
The company worked on behalf of the seller, to close the sale of Hampton Inn Southcenter, a 153-key property in Tukwila, Wash.
Moonwater Capital Snags Las Vegas Office Campus
SK+G Lab sold New Spanish Ridge, a 114,000-square-foot office park in Las Vegas to Moonwater Capital. At the time of sale, the asset was approximately 80 percent occupied.
Richmond Shopping Center Lands 4 New Tenants
The upcoming Brandy Creek Commons shopping center will be anchored by a 50,000-square-foot Publix supermarket. Divaris’ Richmond office inked four new leases, bringing the property to 92 percent occupancy. The project is slated for completion in the fall of 2018.
Westbrook Buys DC-Area Office for $72M
Two Liberty Center was constructed in 2007 and is a 178,700-square-foot Class A office building that is LEED Silver certified.
ShopOne Enters CA Retail Market
The company acquired McKinley Crossroads, a 202,134-square-foot retail center in Corona, Calif. Plans include the renovation of the center.
Baltimore’s Stadium Square Lands 35 KSF Co-Working Space
Amsterdam-based company Spaces will join Janney Montgomery Scott, a national financial services company, which recently moved into the project’s first office building.
Inland Empire Retail Center Sells for $32M
Cushman & Wakefield brokered the sale of Upland Town Square, a 100,350-square-foot retail center. The property was approximately 88 percent leased at the time of the acquisition.