Deals
HFF Closes $25M Portland Office Sale
Swift Real Estate Partners acquired the three-building office property, which is 92.5 percent leased to a mix of tenants.
The Fallon Co. Shells Out $25M for Charlotte Office Asset
The firm purchased the 12-story Cameron Brown Building in Charlotte’s Second Ward to serve as its regional headquarters. The Fallon Co. plans to make further investments in the growing market.
Rockefeller Nabs 228-Acre NJ Industrial Site
The disposition of the property comes three years after Lincoln Equities and Real Capital acquired it from Dow Chemical subsidiary Union Carbide.
Atlanta Property Group Nabs 1.3 MSF Office Portfolio
The six properties are located across Charlotte, N.C.; Pittsburgh, Pa.; and Orlando and Tampa, Fla. The transaction marks APG’s first investment venture outside metro Atlanta.
Natixis Facilitates First “Green Bond” CMBS Deal
The firm issued the first green-specific tranche in a CMBS to refinance part of Ivanhoé Cambridge and Callahan Capital Properties’ $358.6 million acquisition loan for New York City’s 85 Broad St.
Nidec Shimpo Sells Itasca HQ
NAI Hiffman represented the company, a supplier of drive technology and gearing solutions, in the sale of its 24,428-square-foot building located in Itasca, Ill.
Quantum Closes on Illinois Retail Deal
The 5,000-square-foot property is located in Skokie, Ill., and is fully leased to ATI Physical Therapy and I Love Kickboxing.
HomeAway Doubling Down in Austin
The new 16-story office tower is scheduled for completion by the first quarter of 2019 and will accommodate more than 2,000 additional employees.
DivcoWest Sells Austin Office Campus
HFF assisted the seller in the transaction and procured the buyer, a joint venture partnership between Vanderbilt Partners and True North Management Group.
Friedman Secures Buyer for Detroit Office Building
The five-story, multi-tenant property is located in Detroit’s downtown area and offers 85,539 square feet of office and retail space.