Deals
Docutech Expands to Scottsdale
Docutech selected the north building of the Lincoln Towne Centre for its Scottsdale, Ariz., office. Additionally, the company appointed Amy Brandt as president & COO.
Fort Lauderdale-Area Office Asset Trades for $9M
Cushman & Wakefield worked on behalf of the seller in the disposition of the campus. The deal included a $7 million acquisition loan.
Midwest Industrial Lets Go of Illinois Warehouse
The company bought the 76,000-square-foot industrial building located in Carey, Ill., in 2015, and completely repositioned and modernized it to bring it to market-ready condition.
NAI Hiffman Mediates Office Sale in Illinois
The former head office of Pioneer Center for Human Services, a 39,267-square-foot building in McHenry, Ill., has a new ownership after being bought by Alexander Leigh Center for Autism.
Rexford Acquires, Sells Industrial Properties in CA
The company bought Safari Business Center in Ontario for $141.2 million and sold a two-building property at 2535 Midway Drive in San Diego.
Diamond Dealers Club Relocates to International Gem Tower
In a deal brokered by Extell Development, the diamond trade giant acquired a commercial condo on the tower’s 11th floor.
First Industrial Sells Two SLC Industrial Buildings
Newmark Grubb ACRES has arranged the sale of the two properties in Decker Lake Industrial Park in West Valley City, Utah, totaling 98,000 square feet. The company represented both the seller and the buyer.
Strategic Storage Acquires 510-Unit Facility in Sarasota, FL
The three-story structure includes 48,000 square feet of rental space. The SSGT portfolio currently consists of 19 operating self-storage facilities located in eight states.
Monday Properties Closes $888M NoVa Refi
The financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
Access Industries Nabs Stake in Historic Sunset Boulevard Hotel
JK Hotel Group and Access Industries plan to refurbish the luxury 81-key property’s guest suites and its indoor-outdoor bar and dining area.