Deals
Harbor Expands in Orange County with Third Creative Office Campus
Harbor Associates of The Bascom Group acquired a 37,000 square feet office building in Irvine, Calif., planned to become a unique creative office in Orange County.
Philadelphia CVS Pharmacy Purchased in 1031 Exchange
A CVS Pharmacy located in the Holmesburg neighborhood in northeast Philadelphia has changed ownership in a tax deferred transaction brokered by Greysteel.
California REIT to Acquire $371M Worth of Assets from Mindful Storage
In a $371 million deal, Strategic Storage Trust II has agreed to purchase a portfolio of 27 facilities totaling more than 1.5 million square feet in North Carolina, Florida and Maryland.
LondonHouse Chicago Hotel Changes Hands in Sale-Leaseback Before Opening
The 452-key luxury hotel changed hands for $315 million, marking the highest per-room price ever paid for a Windy City hotel.
Rexford Industrial Realty Shells Out $191M for SoCal Portfolio
The Los Angeles-based company recently paid $191 million for a nine-building Southern California industrial portfolio.
Delaware Firm Buys 2,000-Unit Self-Storage Portfolio in Metro New York
A 2,000-unit self-storage portfolio made up of two facilities in Port Chester, N.Y., and New Haven, Conn., changed hands for a total of $25 million, or more than $218 per square foot.
HFF Arranges Nearly $10M Refi for Atlanta Retail Center
Connexion at Holcomb Bridge, a 106,769-square-foot retail center located in Fulton County, received financial aid from HFF.
CIM Group Acquires SoMa Office Asset
The company has acquired an office and telecom building in San Francisco’s SoMa District.
Three-Point Play for Phillips Edison Grocery Center REIT II
The Cincinnati-based REIT recently acquired three grocery-anchored shopping centers located in Georgia, Florida and New York.
$1.1B Sale of Las Vegas Strip Retail Center Closes
A joint venture between Simon Property Group and Invesco Real Estate shelled out roughly $1.1 billion to acquire a luxury retail asset on the Las Vegas Strip.