Deals
CBRE Closes $28M Sale of SC Office Tower
The seller invested in a $2 million improvement program including an upgraded 24-hour fitness center, common areas and renovated tenant spaces.
MD Office Campus Up for Sale
The two-building office portfolio is situated in Rockville, Md., in the vicinity of an upcoming live/work/play community, and encompasses a total of 123,824 square feet of space.
LPC Closes Sale of Suburban Atlanta Office Building
Jeff Henson and George Gwaltney of Lincoln’s Office Leasing Group assisted the seller in the disposition of the upgraded asset.
Anchor Health Acquires $23M MOB
The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.
Kaufman Expands Midtown Manhattan Portfolio
The firm acquired an 80,000-square-foot office building through a 99-year ground lease, with plans to complete a multimillion-dollar renovation.
PAC Lands New Retail Deal in Atlanta
The acquisition of the 85,639-square-foot shopping center was financed using a non-recourse first mortgage loan from Protective Life Insurance Co.
Brennan, Arch Street Grab $100M Industrial Portfolio
In their sixth joint venture, the partners purchased a group of assets totaling 2.5 million square feet spanning eight states. Locations include Chicago, Milwaukee, Minneapolis and more.
AQUILA Completes Lease Renewal at Austin Office Campus
Bethany Perez, Chad Barrett and Bart Matheney of AQUILA represented the landlord, while CBRE’s Nate Stricklen, Erin Morales and Kellly Woodruff worked on behalf of the tenant in the lease negotiations.
JLL Closes $24M Phoenix Industrial Deal
The company represented The Hewson Co. in the sale of a 266,607-square-foot industrial portfolio. The properties are located in Scottsdale and Tempe, Ariz.
Upcoming Queens Hotel Receives $44M Financing
The construction of the dual-branded Marriott Hotel broke ground in 2015, and will bring a total of 338 guestrooms to the borough’s Jamaica neighborhood.