Investment
Virginia Flex Portfolio Trades for $61M
Heritage Capital acquired three industrial buildings totaling 525,000 square feet within Crossways Commerce Center in Chesapeake.
Net Lease Investment Back on Track: CBRE
Transaction volume totaled $14.3 billion in industrial, office and retail assets, marking a year-over-year decrease of just 2.6 percent.
JLL Income Property Trust Secures $650M Credit Facility
The REIT will use the funds to increase the size and quality of its portfolio.
Top 5 Markets for Industrial Transactions
CommercialEdge data shows that these metros accounted for nearly one-third of investment volume nationwide.
DivcoWest Pays $135M for Lower Manhattan Asset
The 220,000-square-foot building in Hudson Square previously traded for $110 million.
Brookfield Buys Seattle Campus for $200M
Block 24 marks the company’s second Facebook-leased building within the mixed-use Spring District development in Bellevue, Wash.
Lionstone Capital Sells Majority Interest in New Jersey Asset
A joint venture has acquired a stake in a recently renovated office building in Parsippany.
Behind Oracle’s $155M San Jose Deal
PIMCO and Lane Partners secured a loan from Blackstone Mortgage Trust for the purchase of the downtown office tower.
Related Cos.’ $175M Buying Spree in West Palm Beach
The company has re-acquired a downtown office tower that it built in 2008 as part of the former CityPlace mixed-use development.
CenterPoint Properties Pays $117M for Bronx Logistics Facility
According to CommercialEdge data, the property last traded for a fraction of the current sale price.