Deals
Rialto Sells Former Sears in Northeastern Philly for $29M
The new owner plans to reposition the 237,000-square-foot property under the “Court at Cottman” label.
Cushman & Wakefield Closes New Jersey Warehouse Sale
Gary Gabriel, David Bernhaut, Kyle Schmidt and Ryan Larkin represented the seller and sourced the buyer of the 100,627-square-foot facility.
Tishman Speyer JV Raises $1B for Life Science Projects
The partnership, which also includes Bellco Capital, aims to acquire and develop a global portfolio of cutting-edge lab facilities.
Elion Partners Expands West Coast Last-Mile Portfolio
The company’s $83 million acquisition comprises logistics assets in the San Diego, Bay Area and Seattle metros. Separately, Elion also acquired a last-mile property in Florida.
CBRE Global Investors Buys 1.4 MSF Industrial Portfolio
Duke Realty sold the two recently completed logistics properties in Pennsylvania and Georgia.
Paxion Capital Acquires Stake in Patrinely Group
The firm remains under the management of Patrinely Group’s current executives, who will continue to own a substantial interest.
Arizona MHC, RV Portfolio Changes Ownership
A Marcus & Millichap team closed the $2 million sale of Star Valley and C-Bar Diamond communities located in Payson.
Cohen Asset Management Pays $37M for Los Angeles Warehouse
The company received a $21 million acquisition loan from Life Insurance Company of the Southwest for the purchase.
Vantage Data Centers Expands Canadian Footprint
The company has acquired the data center business of Hypertec, which owns a 49 MW campus in Montreal.
Charlotte-Area Shopping Center Changes Hands for $14M
The Publix-anchored retail asset is part of the 206-acre The Village at Sherrills Ford mixed-use development near Lake Norman.