Deals
ARA Nabs 846 KSF Atlanta-Area Industrial Asset
The property sold by Trammell Crow is 100 percent leased to a subsidiary of Wayfair, one of the world’s leading online destinations for home goods.
HTA Shells Out $2.8B for Duke Realty Portfolio
The nation’s largest owner and operator of medical office buildings will become even larger with the acquisition of 78 health-care properties totaling 6.1 million square feet.
CBRE, NGKF Broker 18 KSF Industrial Building Deal
CBRE Senior Vice President David Prioletti closed the sale of an 18,000-square-foot industrial property on behalf of the owner, production company Video Impressions. Senior Managing Director Corey Chase of NGFK represented the buyer, food analysis laboratory Certified Laboratories Inc.
Two DC Office Buildings Sell for $259M
Westbrook Partners and TIER REIT sold the two buildings to UNIZO Holdings after completing significant repositionings of the buildings. The transaction reflects TIER REIT’s continuing strategy of exiting non-target markets.
West Roxbury Retail Asset Changes Hands
The four buildings, which are occupied by Party City and Lumber Liquidators, are located along VFW Parkway, between Dedham Mall and the Fisher House Boston medical center.
Partnership Brings New Charter School to South Bronx
The building represents the first newly constructed facility in the Classical Charter Schools portfolio. The school is scheduled to open during the 2017-2018 academic year.
Multi-Use NJ Area Development Site Sells
NAI James E. Hanson recently arranged the sale of 820 Bloomfield Ave. in West Caldwell, N.J. According to approved redevelopment plans, the former gas station might become a bank.
Rockpoint Pays $155M for Miami Office Tower
An affiliate of Blackstone Group’s Equity Office and LaSalle Investment Management sold the Class A office property located in the city’s premier Brickell Financial District.
Douglas Emmett, QIA Expand With $353M Buy
The two buildings in Santa Monica were acquired from the Blackstone Group, which continues to sell off parts of its Equity Office Properties Trust portfolio.
Shamina Investments Nabs Oldest Hotel in Westwood LA
Thorofare Capital provided financing for the acquisition and renovation of the 53-key property built in 1939 by a local family.