Investment
Cushman & Wakefield Closes $16M Bay Area Office Deal
The company’s Kalil Jenab, Ben Paul and Steven Jenab assisted the buyer, Graymark Capital, and will market the Palo Alto, Calif., property following building upgrades.
Younan Properties Buys Houston Trophy Office Tower—Again
Nine years after selling Two Westlake Park, the company has purchased the 455,000-square-foot property with plans to stabilize the asset.
BentallGreenOak Sells DC Office Asset for $59M
The new owner secured a $41.3 million seller carryback loan for the acquisition of the 157,050-square-foot office building.
CBRE Global Investors Pays $54M for National Storage Portfolio
The company partnered with The William Warren Group to purchase four properties totaling 2,165 units in Arizona, Florida and New York.
Portland’s Internet Exchange Building Trades for $326M
The sale marks the highest-priced single-property transaction in the state since 2015.
Hometown America Pays $17M for Long Island Manufactured Homes
The 244-site Foxwood Village community changed hands for the first time in almost two decades.
Rexford Industrial Realty Pays $103M for 5 Properties
The purchases of four single-tenant buildings and an outdoor storage facility closed on New Year’s Eve, just in time to bring the company’s total 2020 acquisitions to $1.2 billion.
Brookfield Property Partners Could Go Private in $5.9B Bid
Brookfield Asset Management intends to buy the remaining units of its real estate subsidiary.
Lincoln Equities Pockets $75M for Long Island Industrial Asset
The Home Depot fully occupies the distribution warehouse in Hicksville, N.Y.
Newmark Brokers Sale of Ohio MHC
The 153-site Madison Estates Mobile Home Park is less than a mile from Lake Erie.