Deals
San Diego-Area Grocery-Anchored Center Trades for $42M
HFF represented the seller, a partnership between Brixton Capital and ALTO Real Estate Funds, which sold the property to an affiliate of American Assets Trust Inc.
Historic Coronado Hotel Joins Curio Collection
The 757-key property, often referred to as The Del, recently celebrated its 130-year anniversary. The resort is now part of Hilton’s flag of hand-picked destinations.
Avison Young Brokers Sale of New Dallas Industrial Facility
The distribution center developed by Altera Development Co. is now owned by an affiliate of Lexington Realty Trust. O’Neal Industries Inc. signed a long-term lease on the property.
Downtown Miami Industrial Asset Sells for $37M
The 109,637-square-foot property serves as a last-mile warehouse and retail packaging center for FedEx. The company recently extended its long-term lease.
Hanley Completes LA Fitness Sale
The single-tenant net lease property in Montebello, Calif., has been a health club destination for 28 years, with LA Fitness taking over a former Bally’s.
Onyx Equities Sells 2 in New Jersey
The real estate investment firm disposed of two office buildings owned with two separate partners, Russo Development and Rubenstein Partners.
Boulder Group Brokers Retail Property Sale
The transaction closed at $2.5 million. The 13,122-square-foot asset is located in Niles, Ill., and is fully leased by MobilityWorks, a provider of wheelchair accessible vans.
Kimco Buys $132M Portland Shopping Center
The purchase of the 746,000-square-foot Jantzen Beach Center fits the REIT’s strategy of upgrading its portfolio with key purchases.
Indianapolis Industrial Portfolio Changes Hands
The two multi-tenant, fully leased assets totaling 480,000 square feet traded with help from Avison Young’s National Industrial Capital Markets Group.
Marcus & Millichap Brokers Tampa-Area MOB Sale
Marcus & Millichap represented both the seller and the buyer of the 18,708-square-foot property in Riverview, Fla., which traded for $7.2 million.