Deals
CalSTRS JV Pays $51M for Seattle Office Asset
The 1980-built property last traded in 2018, when owner-occupier Econet sold the building for $21.5 million.
Starwood Pays $62M for Nashville Airport Warehouses
MetLife provided $35 million in acquisition financing for the six-building industrial portfolio.
JV Buys New Jersey Office Portfolio for $158M
The acquisition totals 1.5 million square feet across nine buildings in Parsippany and one in Madison.
Lineage Logistics Raises $1.6B for Cold Storage Growth
An array of investors including Oxford Properties Group is banking on rising demand for food distribution.
Iron Mountain Sells Seattle Warehouse for $45M
The 276,330-square-foot facility previously traded in 2001, when Equity Industrial Partners sold it for $11 million.
SL Green Lands Partner, Financing for Manhattan Project
The REIT closed on a $125 million construction loan.
Colliers Brokers San Francisco-Area Industrial Deal
Senior Vice President Todd Severson represented the seller, Quality Quartz Engineering, in the $8.8 million transaction.
TSCG Arranges $18M Sale of Orlando Walmart Asset
Anthony Blanco, Lenard Williams, Mallory Silva and Gavin Walsh assisted the seller, Weingarten Realty.
Blackstone to Buy $550M MHC Portfolio
The asset manager is in talks to acquire 40 parks from Summit Communities.
Metro DC Medical Office Building Trades for $39M
Heritage Partners sold the 60,000-square-foot facility in a three-party transaction involving Children’s National Hospital.