Deals
Joe & The Juice Coming to Chicago
A team of brokers from CBRE represented the Danish company in closing on three lease agreements in three neighborhoods in Chicago. These locations will be the first ones the beverage provider will open in the Midwest.
Los Angeles Office Complex Trades for $62M
Majestic Asset Management sold a two-building property in Van Nuys, Calif., to Pacific Reach Properties. At the time of sale, the asset was 99 percent leased.
Goodman Preleases 1 MSF at PA Logistics Center
syncreon signed a seven-year lease to occupy one of the two industrial facilities at the Goodman Logistics Center Carlisle. The move is scheduled for early 2018.
Cush & Wake Brokers San Diego Industrial Sale
A Lincoln Property Co. entity nabbed the asset for $11.5 million. The single-tenant property is located in the tight Morena industrial submarket, which has a vacancy rate nearly half the county rate.
Trinity Wall Street Scores $400M for NYC High-Rise
Cushman & Wakefield arranged the acquisition financing for 375 Hudson St., a 19-story Class A office and retail building in Manhattan.
Entrada Snags DFW Office/Industrial Portfolio
HFF orchestrated a loan through Bank of America Merrill Lynch for the acquisition of the half-million-square-foot collection of seven properties.
Blackstone to Buy Energy MLP Specialists
The group is acquiring Harvest Fund Advisors, an independent investment management firm with more than $10 billion in assets under its umbrella.
MedCraft to Expand MN Essentia Health Facility
The 26,633-square-foot expansion in Grand Rapids, Minn., is slated for completion by May 2018. The partnership minimizes risks, allowing Essentia to reinvest in expanded facility operations.
JV Scores Marriott Franchise Agreement for Hotel Development
Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.
Safavieh to Invest $60M in Georgia Fulfillment Center
Cushman & Wakefield represented the company in acquiring the land and developing the site for a 1.1 million-square-foot facility at the Savannah River International Trade Park.