Deals
RoomPlace Kickstarts Indianapolis Expansion
The furniture retailer acquired a long-vacant building that it plans to transform into a showroom and warehouse.
AvalonBay, Regency Centers Buy Arlington Mixed-Use Development for $406M
The joint venture acquired Market Common Clarendon in metro D.C., with plans for property enhancements.
Lingerfelt CommonWealth Nabs Upscale Retail Center in Hampton Roads
The 76,827-square-foot Towne Place at Greenbrier was constructed in 2007 and is 94.7 percent leased.
Out-of-Town Investor Acquires Pictoria Tower for Nearly $26M
New Jersey investor Fairbridge Properties acquired the Pictoria Tower, one of Cincinnati’s trophy assets.
Skanska Inks $70M Contract to Renovate UC’s Fifth Third Arena
A Skanska-led joint venture has signed a $70 million contract with the University of Cincinnati to renovate the 26-year-old arena.
Compass Self Storage Buys Fifth Greater Nashville Facility
The company has expanded to five Nashville area locations with the acquisition of a new self-storage center in Shelbyville, Tenn.
Digital Realty Picks Up Euro-Portfolio for $874M
Following last year’s major expansion, Digital Realty Trust has acquired eight data centers from California-based Equinix.
Marcus & Millichap Brokers Sale of Five Southeast Self-Storage Facilities
The properties, located in Louisiana and Alabama, offer a total of 2,725 self-storage units and have an approximately 87 percent occupancy rate.
Kingston Shopping Center Joins Paragon Realty’s Portfolio
The 186,000-square-foot shopping mall was re-positioned into a fashion destination in the last few years.
Related Midwest to Develop Massive Downtown Chicago Site
Related Midwest is teaming up with the previous sole owner to turn a 62-acre South Loop site into a mixed-use development.