Investment

Orlando Commercial Real Estate Wrap-Up – October 2020

Industrial facility sells for $30 million. TerraCap Management buys 196,000-square-foot office asset. Check out our October list of Orlando must-reads.

Brookfield Buys Facebook-Leased Building for $365M

The investment giant acquired a building within The Spring District being developed by Wright Runstad & Co. and Shorenstein Properties in Bellevue, Wash.

Iconic Waterfront Campus Trades in Detroit

Moceri Cos. and 400 Monroe Associates are the new owners of the UAW-GM Center for Human Resources.

Baggot Plaza

Kennedy Wilson Sells Dublin Office Asset for $165M

The company plans to use the proceeds from its sale of Baggot Plaza for new acquisitions and developments.

Northern New Jersey Warehouse Trades for $85M

The seller, a joint venture led by Harbor Group International, acquired the 550,000-square-foot property in 2018 for less than $60 million.

Swift Real Estate Buys Apple-Leased Campus for $346M

DWS Group had owned the 373,000-square-foot office asset in Cupertino, Calif., since 2013.

Memphis-Area Whole Foods Market Trades for $19M

Stan Johnson Co. represented buyer Benderson Development in the disposition of the 36,570-square-foot asset.

McDonald’s HQ Trades for $413M

Sterling Bay and JPMorgan’s sale of the Fulton Market asset marks the largest deal to close in Chicago this year.

Bridge Point 78. Image courtesy of Bridge Development Partners

PGIM Continues Buying Spree With $275M Deal

The company acquired a recently completed 2.2 million-square-foot industrial portfolio in New Jersey.

Brookfield Renewable to Power JPMorgan Chase’s NY Portfolio

The agreement will contribute to the state’s goal of obtaining 70 percent of its electricity from emission-free sources by 2030.