Deals
MAA, Post Properties Merger Creates $17B REIT
The combined company will operate a portfolio of 105,000 multifamily units in 317 properties.
KBS Takes 2 in Austin
Tenants at Stonebridge Plaza I & II include Qualcomm, Google and Oracle.
Novo Nordisk HQ Commands $305M
Cushman & Wakefield orchestrated the deal, which is the largest single-asset sale in New Jersey this year.
Berkadia Secures $20M Financing for Florida Office Park
The Gateway Westlinks business park is located along Commonwealth Drive in Fort Myers, Fla.
Community Shopping Center Lands New Owner in O-Town
IRC Retail Centers acquired Goldenrod Marketplace Phase II, which includes multiple buildings and totals roughly 33,140 square feet of retail space.
BLT Snaps Up Sorrento Mesa Flex Asset
Sorrento Tech III is now part of BLT Enterprises’ 100,000-square-foot holdings at the tech park.
Preferred Apartment Communities’ $158M Shopping Spree
The company acquired seven grocery-anchored shopping centers located in Georgia, Florida, Texas and North Carolina.
Clarion Partners Severs Ties with Boston Office Assets
John Hancock Real Estate bought two interconnected office buildings in Boston’s Back Bay for more than $100 million.
Colliers International Closes Industrial Property Sale
Turf Equipment and Supply will relocate to the new facility in the Birch Run Industrial Park in West Chester, Pa., later this fall.
B’More Retail Center Changes Hands
The 280,000-square-foot Catonsville Plaza is 99 percent occupied by 16 tenants including Shoppers Food Warehouse and Dollar General.