Deals
NorthMarq Capital Buys SLC Mortgage Banking Firm
The Utah-based Western Capital Realty Advisors has completed more than $4 billion in commercial real estate debt and equity transactions. This acquisition marks NorthMarq’s 37th office.
Natixis Provides $35M Financing for Retail Center Acquisition
Colliers International arranged the financing used for the purchase of a 276,333-square-foot shopping center in Arlington Heights, Ill. The loan will be granted in two tranches.
Downtown Boston Asset Trades for $63M
Colliers International will be in charge of identifying and securing suitable retail and office tenants for DTX 399. The property has been vacant for 10 years and will undergo a major facelift this summer.
SG Property Services Buys Greater-Atlanta MOBs
Physician owners represented by CBRE and Colliers sold the two properties totaling 55,664 square feet for a combined $11.9 million.
JLL Arranges Sale-Leaseback of Austin Health Facility
STORE Capital has purchased an 18,313-square-foot rehabilitation facility from Mentis Neuro Health, which will lease back the property for a 15-year term.
Alphapointe Buys Warehouse, Relocates to Queens
The non-profit organization purchased a 138,000-square-foot brick warehouse in the borough’s Richmond Hill neighborhood. The property will serve as its administrative offices, manufacturing and distribution facility, and call center.
JLL Inks Lease at Houston-Area Development
JLL’s David Bale and Eugene Terry represented the tenant in the lease negotiations, which will occupy the entire second floor of Building 4 at Grandway West.
Santa Ana Office Park Trades for $32.8M
Benchmark Holdings purchased Alton Deere Plaza from TA Associates Realty. At the time of sale, the two-building, 185,245-square-foot property was 96 percent occupied.
Iron Gate Self-Storage Portfolio Changed Hands
The sale of the 1,466-unit portfolio was the largest self-storage transaction in Elkhart County, Ind. The six facilities have recently undergone improvements worth $1.1 million.
Monday Properties Grabs DC, SoCal Assets
The company made moves on both coasts, acquiring Spectrum Tower in Laguna Hills, Calif., and Beauregard Office Park in Alexandria, Va.