Investment
Centerbridge, Dalfen Form IOS Venture
A property in Oakland, Calif., was the partnership’s inaugural purchase.
BH Group, PEBB Buy South Florida HQ for $104M
Office Depot’s parent company will keep its headquarters at the property under a partial sale-leaseback deal.
HJ Development Buys 357 KSF Twin Cities Retail Asset
Crossroads Center of Roseville previously traded in 2007, for $31.7 million.
MDH Pays $68M for DFW Industrial Asset
Fort Worth Logistics Hub Building 1 came online last year.
Rexford Pays $200M for 2 San Diego Assets
This marks the REIT’s most recent expansion in a flurry of acquisitions totaling $374 million.
AvantSpace Expands in North Bay
The 10,000-square-foot Marin County coworking location is set to open in June.
Northpath Acquires 2 Retail Assets in New York
The properties last traded in 2016, for $45.5 million.
Office, Retail Net Lease Cap Rates Reach Highest Level Since 2020
A new Boulder Group report cites higher borrowing costs as the main reason for the year-long trend.
601W Cos. Pays $420M for Office Trio
This Jersey City portfolio is under new ownership for the first time since 1996.
Stonelake Capital Acquires Phoenix Facility for $38M
The distribution center last changed hands in 2021, for $41.5 million.