Investment
SHVO JV Completes $376M Purchase of Chicago’s Big Red
The sellers, The John Buck Co. and Morgan Stanley, paid $108 million for the iconic, 1.2 million-square-foot office tower in 2016.
VEREIT, Ocean West Acquire Dallas Industrial Property for $247M
The firms purchased the 2.3 million-square-foot asset from NorthPoint Development, which remains as a joint-venture partner.
Former Ramada Hotel Trades for $15M in Miami
LV Lending facilitated an $11.5 million acquisition loan for the buyer, The Estate Cos.
High Street Logistics Pays $23M for New Jersey Warehouse
The 432,000-square-foot industrial building is located in Vineland, halfway between Philadelphia and Atlantic City.
Equinix Acquires GPX India for $161M
The data center provider expects the all-cash transaction to be completed by the first quarter of next year.
CBRE Global Investors Expands European Industrial Portfolio
The firm has acquired its third building at an industrial park in the Silesia submarket of Poland.
IAC Makes $1B Investment in Casino Giant MGM Resorts
Counting on the potential of online gaming, the media and technology holding company acquired a 12 percent stake in MGM Resorts International.
Venture One Buys 100 KSF NJ Industrial Asset
Acting through its VK Industrial V LP fund, the company acquired a vacant warehouse in Fairfield in its second New Jersey deal of the past three months.
EverWest Real Estate Investors Expands Seattle-Area Portfolio
The company paid $29.5 million to acquire an industrial property in Renton, Wash., in a partial sale-leaseback deal with its previous owner.
JLL Brokers $46M Office Portfolio Sale in Scottsdale
The firm assisted the seller, Equus Partners, in the disposition to two separate buyers.