Deals
MetroWest Industrial Center Rebranded Under New Owner
The 567,800-square-foot industrial facility in Syracuse, N.Y., is now named Ranalli Industrial Park.
KLX Aerospace Solutions Selects Miami for Global HQ
The new 500,000-square-foot headquarters will allow the firm to enhance its existing operations and recruiting efforts.
DC-Area Office Asset Trades for $79M
Atlantic Realty and Angelo, Gordon & Co. plan to complete a $6 million renovation program at the newly purchased complex.
HFF Facilitates Sale of Houston Office Asset
Stone Mountain Properties purchased the property, which was 86 percent leased at the time of the transaction.
Phillips Edison Grabs Grocery-Anchored Shopping Centers
The Cincinnati-based REIT is expanding its retail portfolio with the purchase of two shopping centers near Orlando and Tempe, Ariz.
NGKF Closes Sale of Delta Pointe’s Lot 7
Delta Pointe at Silver Spring is a mixed-use development featuring 12 parcels that range from 2 to 9+ acres.
Vornado to Spin Off DC Portfolio in $8.4B Merger with JBG
The combined company will be named JBG Smith Properties and is expected to become the largest real estate firm in Washington, D.C.
Transwestern, Mirae Pay Hefty Price for State Farm Campus
The sale-leaseback of the 2.2 million-square-foot property is reportedly one of the largest ever real estate trades in North Texas.
DC Office Building Commands $142M
Alduwaliya Asset Management acquired the 317,248-square-foot asset with the help of HFF.
Macy’s Continues Restructuring, Sells Assets to GGP
The $46 million sale follows Macy’s announced plans to close roughly 15 percent of its properties by next year.