Deals
Morning Calm Sells $11M FL Shopping Center
CBRE represented the seller in Vanguard Associates’ purchase of Crystal River Plaza, a 184,101-square-foot shopping center, which was 89 percent leased at the time of sale.
Renesas Electronics Inks 216 KSF Lease in Milpitas
In one of Silicon Valley’s largest transactions this year, the company agreed to expand its premises to include all of 915 Murphy Ranch Road at Murphy Crossing.
Hollywood Mixed-Use Asset Changes Hands
A New York City-based private investor acquired a 7,000-square-foot retail and office building in Hollywood, Calif. At the time of sale, the property was fully leased.
MMEX Resources Acquires 126 Acres for Refinery Project
The land site is located near Fort Stockton in Pecos County, Texas and will house the 15-acre, Phase I 10,000 barrel-per-day crude distillation unit.
Strategic Partners to Develop $60M Industrial Park
The investment group closed on one of the largest remaining parcels of land in the Research Triangle Park, where it intends to build the 96-acre Patriot Park.
KBS REIT Trades MA Office Facility
Jumbo Capital Management and Boston Andes Capital are the new owners of Rivertech Park, a two-building property located in Billerica, Mass.
HFF Closes $29M Portland Office Sale
The Class A office building comprises 109,725 square feet, of which 4,000 square feet are retail space. Sixth at Yamhill first traded in 2014, when JB Matteson sold the asset for $21.1 million.
HFF Arranges Houston Industrial Portfolio Sale
HFF facilitated the exchange of two properties, comprising three infill, warehouses totaling 101,635 square feet, in two primarily industrial submarkets.
CBRE to Lease Redeveloped Houston Office Towers
CBRE’s Warren Savery and Jason Presley will spearhead leasing efforts at the LEED Gold-certified buildings, known as Park Towers North and South.
Goldman Sachs Scores $67M Industrial Portfolio
The four-buildings located in the Baltimore-Washington Corridor mount up to 650,000 square feet. The transaction marks the second largest deal Cushman & Wakefield completed in the past week.