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Acquisition Yields Rise for Single-Tenant Medical Assets
According to a third-quarter report by The Boulder Group, the cap rate for the niche category increased by 22 basis points year-over-year.
Development Group Buys Fort Worth Tower
The sale of the historic 185,000-square-foot property caps JLL’s disposition of six downtown office buildings for XTO Energy.
BLT Enterprises Acquires CA Manufacturing Facility for $31M
The 221,660-square-foot industrial property is the only facility larger than 200,000 square feet in the North San Diego submarket.
Google Continues Buying Spree with $1B Purchase
In this record-breaking transaction, the internet giant bought the 51.8-acre Shoreline Technology Park near its Googleplex headquarters from HCP Inc.
$115M Construction Loan for Anaheim Luxury Hotel
At 12 stories, the new Radisson Blu will feature 326 keys, and the development will be one of the tallest ever in the Disneyland market.
Thor Equities Welcomes WeWork in Mexico
The coworking giant is the anchor office tenant at The Landmark Guadalajara, a new 2.5 million-square-foot mixed-use development with high-end retail and luxury residences.
Hampshire Cos. Sells NJ Industrial Building for $51M
HFF handled the sale of the more than 380,000-square-foot property in Totowa, which consists of both older renovated space and a brand-new addition.
NKF Arranges $66M Loan for SF-Area Office Project
With construction financing in place, Acclaim Cos. will push ahead with the development of a 100,000-square-foot spec project in Redwood City, Calif.
Broe Real Estate Sells Metro DC Medical Pavilion
The 18-year-old property is situated in the city of Rockville, Md., and in the four years that the firm owned it, the building’s occupancy went from zero to 72.5 percent.
JP Morgan, Black Creek Group Form $400M Partnership
The equity commitment by the institutional investors will focus on industrial real estate throughout the U.S., including core, value-add and development opportunities.