Deals
Friedman Brokers Sale of 2 Illinois Office Buildings
The properties total 53,226 square feet of space and are located in the Eastern East/West Corridor submarket, less than 20 miles from Chicago’s CBD.
JLL Secures $22M in Financing for Humblewood Center
The 172,897-square-foot retail asset is located in a highly visible area of Humble, Texas, at the southwest corner of U.S. Highway 59 and Farm to Market Road 1960.
Life Storage Buys Two California Facilities
The self-storage properties in the Antelope Valley region of Los Angeles County include roughly 1,390 units and 182 RV storage spaces. Both facilities have freeway visibility.
Kennedy Wilson Buys Big in Seattle
Constructed between 1999 and 2001, 90 East consists of three Class A buildings situated on a 20-acre site in the greater Bellevue area. The property is currently 100 percent leased.
San Diego Industrial Asset Trades for $19M
The 205,800-square-foot facility located within the Foreign Trade Zone in Otay Mesa is fully leased to three tenants.
Fort Lauderdale-Area Medical Office Campus Trades for $6M
Cushman & Wakefield facilitated the transaction and procured a long-term lease prior to the sale, securing an enhanced return for the seller.
Jacksonville Office Asset Trades in $23M Deal
CCP Commercial Real Estate purchased the property from DRA Advisors. The transaction benefitted from a $17.8 acquisition financing originated by NTX Capital LLC.
Watumull Acquires Denver Office Campus for $18M
The company purchased Clear Creek Business Center from Etkin Johnson Real Estate Partners. The business park comprises eight, single-story buildings and is currently 95 percent occupied.
Xenia Sells 5-Hotel Portfolio for $163M
The properties, which total 812 guestrooms, are located in Fort Worth, Kansas City, Pittsburgh and Baltimore.
Bentall Kennedy Teams Up With Warba Bank
The partnership’s initial investment is a Class A, 280,000-square-foot office building in Milwaukee, which serves as the world headquarters for ManpowerGroup.