Deals
Phoenix Commerce Center Trades for $14M
Kidder Mathews brokered the sale of a 93,725-square-foot industrial asset known as Pinnacle Peak Commerce Center. The company was retained to manage the property.
Cushman & Wakefield Negotiates FL Community Sale
The asset is located south of Daytona Beach, Fla., and comprises 296 units. The new owner is a joint venture between ApexOne Investment Partners and The Collier Cos.
Trammell Crow Closes DC Sentinel Square III Site Sale
The 1.5-acre site is part of a 1.3 million-square-foot office complex that is being developed in three phases. Cushman & Wakefield represented the seller in the transaction.
Oxford-Madison JV Pays $1.3B for Berlin Sony Center
Hines—asset manager of the 1.2 million-square-foot mixed-use complex—helped the National Pension Service of Korea to sell the asset. CBRE and Greenberg Traurig advised Oxford Properties and Madison International Realty.
PG&E Breaks Ground on CA Training Center
The Livermore Substation Training Center will concentrate on electric substation operations and maintenance.
Mammoth Brooklyn Retail Condo Hits the Market
The 59,930-square-foot retail structure occupies two full city blocks in the Waterfront/Kent Avenue retail corridor and is part of The Edge luxury condominium complex.
Baceline Acquires 2 Shopping Assets for $12M
The company acquired its first North Carolina shopping center when it acquired Galleria Village, which is currently 83 percent leased to various tenants. The company also bought Central Plaza in Minnesota, another shopping center, that is currently 92 percent occupied.
NAI Brannen Goddard Brokers Sale of 169 KSF GA Warehouse
Stratton Warehouse in Cartersville traded for $4 million. The commercial real estate firm worked on behalf of the seller, B & B Realty, and procured the buyer, MJC Inc.
HFF Secures $21M Financing for Charlotte Office Asset
The debt placement team of Travis Anderson and Cory Fowler worked on behalf of The Fallon Co. in arranging the floating-rate mortgage.
Simply Self Storage Sets Footprint in West Coast
The company purchased Market Street in Seattle, a 577-unit self-storage property. The facility includes more than 85,000 rentable square feet.