Deals
Grupo IGS Snags 3 MSF Mexico Industrial Portfolio
The company purchased the 27-property portfolio from Hines, which assumed management of it two years prior. Along with its listing brokers, Hines brought the portfolio from 73 to 90 percent leased.
SunCap Sells $19M SC Industrial Facility
HFF represented the seller in its disposition of Magna Distribution Center, a 229,950-square-foot, Class A warehouse and distribution facility, situated within the 882-acre master-planned Tyger River Industrial Park North in Moore, S.C.
51 KSF Self-Storage Facility Trades in Orlando, FL
Marcus and Millichap arranged the sale on behalf of the seller and secured the buyer as well. The self-storage asset offers 443 drive-up units.
Well-Located Dallas Office Asset Changes Hands
A private investor sold the 32,000-square-foot office building in Dallas to a limited liability company. Cody Payne and Wayne Bares of Marcus & Millichap represented the seller and secured the buyer.
AQUILA Inks Lease Renewal at Austin Office Park
Kristi Svec Simmons and Max McDonald of AQUILA Commercial worked on behalf of the tenant in the lease negotiations. Metadot Corp. is the company behind Das Keyboard, Mojo Helpdesk and Montastic.
Hampshire Sells 117 KSF CT Industrial Portfolio
CBRE represented the company in the disposition. The four buildings, located in Danbury and Berlin, are fully occupied.
Ft. Lauderdale-Area Retail Center Changes Hands
David Donnellan and Patricia Friend of CBRE’s South Florida Retail Investment Properties team assisted the seller in the transaction. Florida Credit Union originated the acquisition financing.
Japanese Company Buys NYC Office for $468M
UNIZO Holdings purchased 685 Third Ave., a 31-story building in Midtown Manhattan, from a joint venture between TH Real Estate, an affiliate of Nuveen, and Future Fund of Australia.
True North Expands Canada Office Footprint
The REIT paid $106.1 million to acquire five Class A buildings in Victoria, Greater Toronto, Ottawa, Halifax and Cambridge, offering a combined 492,900 square feet of rentable space.
Canyon Square Plaza Trades for $23M in Santa Clarita
Kimco Realty REIT sold Canyon Square Plaza to a private high-net investor. The occupancy rate of the property was 96 percent at the time of the sale.