Deals
Tamarac Medical Office Trades in $4M Deal
CRE Florida Partners’ Michael Rauch and Tom Robertson worked on behalf of the seller, while City National Bank of Florida provided $2.9 million in acquisition financing.
Suburban Atlanta Office Portfolio Trades for $47M
TerraCap Management selected Lincoln Property Co. to spearhead leasing efforts, while Crocker Partners will remain in place for property management of the assets.
C&W Completes Sale of Miami International Logistics Center
Lincoln Property Company purchased the property, a prime infill redevelopment opportunity, from Keating Resources. The facility was 88 percent leased at the time of the sale.
HFF Brokers Sale of Peninsula Executive Center in Boca Raton
The acquisition marks the buyer’s first major investment in South Florida. HFF assisted the new owner in procuring a $33.5 million mortgage to facilitate the transaction.
Himmel + Meringoff Nabs Queens Office/Warehouse Asset
The 127,000-square-foot property is conveniently located at 21-07 41st Ave., at the F train subway station in Queen’s Long Island City neighborhood.
NJ Industrial Portfolio Changes Hands in $147M Deal
The transaction, comprising six northern New Jersey properties totaling 1.2 million square feet, represents the largest portfolio sale in the state this year.
Dallas Industrial Facility Changes Hands
Dalfen America Corp. has purchased a 420,000-square-foot warehouse/distribution center in Dallas, as well as more than 12 acres of land. The facility offers 140,000 square feet of climate-controlled space.
NY Investor Grabs 288 KSF NJ Office Asset
In an off-market transaction brokered by Cushman & Wakefield, Shelbourne Global Solutions acquired Perryville III in Hampton, N.J., for $19.9 million. The firm has rebranded the property as Shelbourne at Hunterdon.
Seattle Office Building Commands $330M
A German investment firm is the new owner of Midtown21, a 21-story tower MetLife Real Estate and Trammell Crow Co. developed in the high-growth Denny Triangle.
Amazon to Buy Whole Foods in $14B Deal
The transaction is scheduled to close during the second half of 2017. Whole Foods Market will continue to operate stores under its current brand.