Deals
JLL Assists Brookfield With $855M Purchase, Financing
The 37 logistics facilities and nine office assets are located in key markets including Dallas, Los Angeles, Denver, the Inland Empire and the San Francisco Bay Area.
PAG Investments Grabs NJ Office Park
The campus, listed in the fall of 2016, encompasses four mid-rise, Class B office buildings constructed between 1971 and 1984.
Industrial Property Trust Acquires $13M DC-Area Asset
The 98,653-square-foot warehouse contains state-of-the-art features including a 3,800-square-foot climate-controlled storage area designed to hold specialized valuables, such as fine art or antiques.
Staples Sells Corporate Office Building in Denver
Elevations Credit Union paid $16.5 million to acquire the property, which is part of the Interlocken Business Park in Broomfield, Colo.
HBW Group Completes Sale of Rockville Asset
ProMark Real Estate Services purchased the 37-year-old, 101,000-square-foot office building and has renovations planned for the property.
Oxford Property Group, Titan Real Estate Merge
To accommodate the influx of new employees, Oxford is expanding its 5,000-square-foot office located at 286 Fifth Ave. in Manhattan.
Boston’s Newmarket Center Trades for $9M
HFF arranged the sale of the recently redeveloped 55,000-square-foot office building situated in the city’s Roxbury submarket. Prior to the sale, the asset served as a warehouse. It last changed hands in 2013 for $1.27 million.
Zamir Equities Acquires Syracuse Office Asset
The 305,594-square-foot property, one of the city’s tallest buildings, was originally developed in 1970 and recently underwent a $10 million renovation.
Retail Phase of 210-Acre South Bay Center Underway
Sudberry Properties has purchased 12.5 acres from Stratford Land for the development of Millenia Commons, a 131,800-square-foot lifestyle destination center in Chula Vista, Calif., which will be a part of the master-planned Millenia community.
C&W Arranges Record Sale of Orlando Office Park
A fund advised by DRA Advisors sold the Colonial Center at TownPark office portfolio to Brookdale Group, marking the largest brokered suburban office portfolio sale in Orlando since November 2016.