Deals
Mani Brothers Grabs Landing at Playa Vista for $80M
Originally built in 1985, the building was converted to creative office space in 2015.
JLL Completes $36M Sale of PDX Logistics Center II
The Class A, 355,200-square-foot asset was sold to Clarion Partners.
Parallel Capital Nabs $20M Scottsdale Office Asset
The company has acquired Kierland Corporate Center, a 78,273-square-foot property built in 2009.
Transwestern to Market NIH Office Building in Bethesda
Two Rockledge Centre is fully leased to the National Institutes of Health and strategically located within Maryland’s biotech-centric DNA Alley.
W.P. Carey Seals $145M Sale-Leaseback Industrial Deal
The REIT struck a deal with ABC Group for 14 industrial sites and one office location in the U.S. and Canada.
Broe Real Estate Group Sells $14M Tempe Office Asset
The 90,000-square-foot office campus underwent $4 million in renovations during the past year.
SunLink Health Systems to Sell Georgia Property
The company expects to gain net proceeds of $2.4 million from the $4.9 million transaction.
McCraney Completes Orlando Central Park Sale
The company has sold Presidents Plaza for $9 million to Avistone LLC.
Blackstone to Pay Hefty Price for OfficeFirst Immobilien
After turning down a previous offer from Blackstone earlier this fall, IVG Immobilien AG has agreed to sell its office subsidiary for $3.65 billion.
JV Buys Prime Block of Bay Area Retail
Long Market Property Partners and Paragon Commercial Group have purchased The Shops at Todos Santos in Concord, Calif.