Deals
Transwestern Secures Lease in Boston’s South End
Tom Ashe, Patrick Buckley and Jeff Landers worked on behalf of the owner, Legacy Real Estate Ventures, in the lease negotiations.
Sealy Acquires 650 KSF Ohio Distribution Facility
The owner, Exel Inc., sold the property to Sealy in a $40 million deal, marking the second time in three months the property changed hands.
CBRE Arranges Largest Philly Office Sale
Equity Commonwealth sold the two-building Centre Square complex in a deal that broke the record for the city’s largest-ever office transaction in terms of square footage.
LBG, Aviva Nab Mammoth CA Shopping Mall
The JV aims to implement an entirely new merchandising strategy for the asset as well as extensive rebranding and redevelopment. The property sits on nearly 77 acres of land and offers views of the San Francisco Bay.
Allianz Secures Naming Rights for MLS Stadium
The owners of the Minnesota United FC soccer team have chosen the global life insurance giant—which has local roots in the state—as the sponsor for the new $200 million arena in St. Paul.
Anchor Health Buys San Diego Hospital Campus MOB
The company purchased the 82,024-square-foot asset in the suburb of La Mesa, Calif., free and clear of existing debt from The Abbey Co.
Parallel Capital Brings New Tenants to Phoenix Office Tower
One of the most notable new tenants at One North Central is Quicken Loans, which will occupy six of the building’s 20 floors. Live Nation, Coleman & Finch and Urban Eye Care ink the other three leases.
Pioneer Building in San Francisco Changes Hands
American Realty Advisors acquired the 37,000-square-foot office building from Bridgeton Holdings. At the time of sale, the asset was fully leased to Musk Industries.
HFF Brokers Denver Retail Center Sale
Originally built as a grocery-anchored center in 1984, the 163,412-square-foot retail center is home to a variety of tenants including Vasa Fitness, a UPS Store and Arc Thrift.
Colorado Office Center Finds New Owner
The Church Ranch Office Center in the Denver submarket of Westminster was purchased by a private equity firm. HFF marketed the property on behalf of a special servicer.