Investment
Prologis Buys SoCal Office Campus for $96M
Cushman & Wakefield brokered the sale of the Orange County property.
Long Beach Tower Trades for $86M
The LEED Gold-certified property last changed hands in 2014.
Related Fund Management Closes Debt Fund at $792M
Among the fund’s deals is a slice of the $240 million financing for a Brooklyn mixed-use project.
J.P. Morgan JV Kicks Off $700M Industrial Storage Platform
The partnership, which also includes Zenith IOS, plans to assemble assets in high-growth markets.
Mutual of America Recaps Manhattan Tower
Munich RE purchased a minority stake in the property.
Realterm Pays $103M for New York Last-Mile Facilities
Amazon and AERCO International are the properties’ long-term tenants.
Arizona, Colorado MOBs Trade for $56M
Wentworth Property Co.’s health-care arm is the new owner.
Equus Sells South Carolina Industrial Asset for $48M
The property sold just one year after its development.
Las Vegas Portfolio Lands $116M in CMBS Financing
Moonwater Capital used the proceeds to retire existing debt and assume full ownership of the assets.
CenterPoint Buys Inland Empire Facility
The company now owns 7.7 million square feet in the nation’s hottest industrial markets.