Finance
Cancer Center Underway in Riverside
HFF has arranged financing for a 27,000-square-foot medical office building to be developed by Pacific Medical Buildings. The property will be leased in full to RadNet Management Inc.
Continental European Investors Covet London Market
The investment community across the pond is keen on United Kingdom’s number one hub, putting its money where its mouth is, Savills research shows.
Shamina Investments Nabs Oldest Hotel in Westwood LA
Thorofare Capital provided financing for the acquisition and renovation of the 53-key property built in 1939 by a local family.
Marcus & Millichap Closes Record-Breaking Self-Storage Sale
The two properties, The Vault of Menomonee Falls and The Vault of Waukesha, sold for the highest amount ever paid for a self-storage portfolio in the Greater Milwaukee area.
Hanley Closes Sale of LA Fitness in Chicago Area
The 37,000-square-foot facility at 620 North York St. was finalized last year. The tenant signed a 15-year primary lease with a number of option periods.
Kennedy Wilson, Euro-Affiliate to Combine Into $8.2B Entity
The transaction is expected to close during the third quarter of 2017. The deal will reportedly create a global portfolio of more than 400 properties with an enhanced geographic mix and broad diversification across real estate sectors.
Colliers Lends a Hand in $60M MOB Package Deal
The 10-building Blackstone Valley Medical Office Portfolio encompasses 301,700 square feet of institutional-quality, Class A medical office space located across three Rhode Island submarkets.
Boston Historic Building Trades in Sale-Leaseback Deal
Colliers International arranged the disposition of 148 State St. on behalf of Public Consulting Group Inc., which will keep its headquarters downtown.
HFF Closes $82M Recapitalization of MOB Portfolio
The company acted on behalf of TRITEC Real Estate, which developed the Long Island business park, totaling more than one million square feet, over a period of twenty years.
William Street Office Tower Lands $40M Refi
Capital One originated the transaction for New York City’s 161 William St. The building’s anchor tenant is long-term occupier Pace University.