Deals
Gramercy Closes $207M Office Portfolio Sale
The deal reflects the company’s strategy of divesting select non-core assets following its merger with Chambers Street Properties.
FRP Development Closes $8M Deal in Baltimore County
The sale of the industrial building at 10820 Gilroy Road was brokered by NAI KLNB.
Monmouth Makes $32M KC Metro Buy
The Olathe, Kan., distribution center was fully leased at the time of sale.
Thor Scores Big on San Francisco Office Sale
The landmark Phelan Building reportedly sold for $370 million.
Midwest Office Portfolio Commands $417M
The acquisition is the largest in Hertz Investment Group’s history.
Suburban Chicago Office Portfolio Trades for $62M
The three Class A properties are located within a 1 million-square-foot campus in Deerfield, Ill.
InvenTrust Goes Shopping in San Diego
The company paid $23 million for a grocery-anchored shopping center in Oceanside, Calif.
TMG Partners Goes Back for Seconds in Oakland
The acquisition in the resurgent Uptown submarket reflects the firm’s value-add strategy.
New Mesa Distribution Facility Under Construction for WireMasters
The company is expanding its operations, as well as the suite of services it will be able to provide.
Premier Indy Office Campus Fetches $163M
A joint venture between Rubenstein Partners and Strategic Capital Partners acquired the asset from Duke Realty Corp.