Investment
Dermody Properties Closes 3rd Industrial Fund at $1.1B
DPIF III exceeded its investment target by $300 million.
Boston Properties Adds to Lab Portfolio With $100M Buy
The acquisition builds on the company’s 4.9 million square feet of life science and office space in the Waltham/Lexington region of Massachusetts.
Black Creek Enters Greater Boston Industrial Market
The company acquired a Norton, Mass., property that is fully leased to U.S. Cabinet Depot.
Feldman Equities Picks Up Fort Lauderdale Asset for $59M
Acquired with crowdfunding capital, the corporate park achieved the Cypress Creek submarket’s highest price per square foot over the last decade.
Princeton International Properties Expands Long Island Portfolio
According to CommercialEdge, the office building in Melville, N.Y., last traded in 2015 for $25.1 million.
San Diego MOB Sells for $100M
According to CommercialEdge data, the property last traded in 2010 for $74 million.
Jacksonville Industrial Property Sells for $30M
LRC Properties and Machine Investment Group have acquired a warehouse in the Imeson International Industrial Park.
Exploring the Industrial Sector from the US to the UK
Bridge Industrial CEO Steve Poulos discusses key U.S. markets and reflects on the company’s recent expansion into the U.K.
Douglas Development Obtains $147M Refi for Washington, DC Asset
Natixis originated the floating-rate loan for the East End property.
Four Springs Capital Trust Buys Amazon-Leased Facility
MetCenter Building III is situated within a 550-acre business park adjacent to Austin-Bergstrom International Airport.