Deals
Colliers Arranges $30M Sale of Georgia Industrial Portfolio
Sealy & Co. acquired the eight-building portfolio from High Street Realty Co. and successfully stabilized it through renewals, expansions and new leasing.
Terreno Realty Sells 162 KSF Industrial Asset in LA
The property, which is located in Whittier, Calif., sold for $25.3 million and generated an unleveraged internal rate of return of 14.5 percent.
EMMES Nabs OC Towers in $220M Value-Add Deal
The property marks the firm’s third acquisition in the Orange County market, although the company exited the region in 2015, when it sold 4000 MacArthur in Newport Beach.
Equinix Wraps Up $3.6B Data Center Deal
The company now owns more than 175 International Business Exchange assets totaling roughly 17 million square feet across 44 markets in the Americas, EMEA and Asia-Pacific.
Horizon Sells Oklahoma City Mall for $130M
The Outlet Resource Group and Singerman Real Estate snapped up the 400,000-square-foot retail property at 7624 West Reno Ave., which functions as the state’s only outlet center.
TH Real Estate Nabs Miami-Area Retail Asset
The purchase of the Promenade Shopping Center in Palm Beach Gardens, Fla., marks the first acquisition for the company’s newly opened Miami office.
Colliers Brokers San Diego Retail Condo Sale
The company’s Urban Property Group also secured the first tenant for the 3,044-square-foot, two-unit retail condominium in Bankers Hill—Brooklyn Bicycles.
Coca-Cola UNITED Acquires Atlanta-Area Sites, Facilities
Through this transaction, the company has added 2,000 associates, as well as roughly 200 new jobs, marking a 10 percent. The firm plans to invest $25 million on equipment this year and an additional $100 million in the near future.
WeWork-Anchored LA Landmark Sells for $43 Million
Sorgente Group sold the Fine Arts Building, a historic 115,902-square-foot office property in the city’s Financial District, which hit the market in September 2016.
Care Capital Properties Buys $400M Behavioral Health Portfolio
The six properties, located in California, Arizona and Illinois, will be leased back to affiliates of Signature Healthcare Services, the seller.