Deals
Transactions: December 2020
A selection of noteworthy deals announced between October 1 to 23, 2020.
Birch Group Makes $62M Long Island Office Buy
Cushman & Wakefield brokered the disposition of the nearly 350,000-square-foot property in Lake Success, N.Y.
Douglas Development Nails Down Big Lease at DC Office Building
Data intelligence company Morning Consult signed for nearly 50,000 square feet at 1025 F St. NW, which began its life more than a century ago.
Texas Manufactured Housing Community Lands $5M Loan
Morgan Stanley Bank originated the financing for the 98-site Oak Haven Estates in Arlington.
Life Science Asset Attracts $225M From Middle Eastern Investor
Sidra Capital acquired a 90 percent stake in a five-building campus in suburban Philadelphia.
Cousins Properties Pays $201M for Charlotte Creative Office
The 329,000-square-foot asset in the South End traded less than two years after delivery.
Lincoln Property Sells Phoenix-Area Office Asset for $188M
The sale of DoorDash’s regional home marks the largest deal of its kind in the state this year.
DRA Advisors Trades 1.9 MSF Industrial Portfolio
An institutional investor purchased the four facilities near Atlanta, Indianapolis, Oklahoma City and St. Louis.
Realty Income Corp. Buys Orlando Industrial Building for $71M
The company acquired a newly built and fully leased Class A property in Apopka, Fla.
Hines Expands Footprint in Germany
Alongside its joint venture partner, the company acquired a 420,000-square-foot office building in Düsseldorf.