Deals
Indiana Jiffy Lube Portfolio Changes Hands for $2.5M
The Boulder Group represented both the seller—a global real estate fund—and the buyer—a domestic private investment group—in the two-property transaction.
CBRE Trades Charlotte Office Building
Known as 401 McCullough, the property changed hands for $12.3 million. Tempus Realty Partners acquired the vacant building from LNR Partners.
Waverly Lands 4 New Tenants
Fab’rik, Scout and Molly’s Boutique, Babalu Tapas & Tacos and DeSano Pizza Bakery signed leases at the master-planned community developed by Crosland Southeast, Childress Klein and the B. Frank Matthews II family in Charlotte, N.C.
Skanska Closes $56M Prague Office Deal
The 14,400-square-foot property is located near Andel, one of the busiest business areas in Prague, the Czech Republic. The buyer is a real estate fund managed by Triuva.
Woodmont to Lease Tennessee and North Carolina Properties
Biltmore Property Group plans to redevelop the Shops at Western Plaza and selected Woodmont’s John Geddis to lead marketing efforts at the properties.
Tustin Corporate Center Changes Hands
Harbor Associates acquired the 43,517-square-foot office building from The Bascom Group. The new owner plans to reposition Tustin Corporate through a rebranding and renovation program.
Transwestern to Handle Sale of DC-Area Office Asset
The 174,000-square-foot property is located within Prince George’s County Metro Center Complex, which consists of 1.3 million square feet of office space, 120,000 square feet of retail space, 134 residential condos and 910 multifamily/student housing units.
FCA Goes Shopping in The Triangle
The company acquired Celebration at Six Forks, a 125,000-square-foot shopping center in Raleigh, N.C., for $19.1 million. FCA intends to make capital improvements to the property.
Suburban Philly Office Buildings Sell for $36M
The seven assets are located in Exton, West Chester and Newtown Square, Pa., and total more than 229,000 square feet of office/flex space. The properties changed hands through like-kind exchanges.
Hines Nabs Sacramento Office Tower in $120M Deal
The transaction included not just the Kaplan McLaughlin Diaz-designed downtown building, but the attached 800-space parking structure and the 350-space parking facility as well.