Deals
One Kendall Square in Cambridge Trades for $725M
DivcoWest’s sale marks the biggest real estate deal, year-to-date, in the Boston area.
Santa Monica Office Campus Changes Hands in $400M Deal
Mesa West Capital provided a seven-year, $283 million loan for the transaction and planned renovations.
ECHO Realty Expands NC Portfolio
The company acquired two Harris Teeter-anchored shopping centers in Charlotte, with a combined surface area of 150,000 square feet.
Hines REIT Wraps Up $1.2B Office Sale to Blackstone
With the sale of the 3 million-square-foot portfolio, the trust’s liquidation process is nearing its end.
Grocery-Anchored Portfolio Trades for $218M
Clarion Partners bought the 11 properties from California-based Loja Real Estate.
Phoenix Great American Tower Sells for $49M
The property was sold by EverWest Real Estate Partners and American Realty Advisors and was acquired by DPC Cos.
Kairos Repositions Suburban Philly Office Campus
Since acquiring the three-building Apex campus in December 2014, Kairos has brought the property’s occupancy to 91 percent.
Capital Square Lands Dialysis Clinic in Eastern NC
The 10,880-square-foot building is fully leased to Fresenius, the world’s leading provider of products and services for people with chronic kidney failure.
Charles Dunn Closes Beverly Hills Retail Sale
The 4,700-square-foot building located in the Golden Triangle shopping district was acquired by the Sterling Org.
Liberty Property Trust Sells King of Prussia Office Asset
Purchased by a German family office for $26.8 million, the property was redeveloped by Liberty and was designed to meet LEED Gold standards.