Investment
CBRE Brokers $63M Industrial Deal in Pennsylvania
Brian Fiumara, Michael Hines, Brad Ruppel and Lauren Dawicki assisted the seller, a partnership between Dermody Properties and PCCP.
MBRE Healthcare Pays $34M for Colorado Asset
The three-building, 149,428-square-foot medical office campus in Colorado Springs last traded in 2014.
CBRE Arranges Sale of Miami Storage Asset
Tom O’Loughlin, Larry Genet and Jake Zebede assisted both parties in the transaction.
Crow Holdings Pockets $164M for Central New Jersey Warehouse
The sale of a new 925,000-square-foot facility in Franklin Township marks one of the nation’s largest single-asset industrial trades during the pandemic.
Allianz Real Estate Expands in Italy With $225M Buy
The company is acquiring a prime office asset in Rome’s central business district in a deal slated to close this summer.
Manhattan Coworking Building Changes Hands
As part of the deal, the buyer assumed a $35 million loan Arbor Realty Trust had provided in 2018.
Lincoln Property JV Sells Converted Brooklyn Asset for $44M
The buyer of the 125,000-square-foot office building assumed the outstanding balance of a mortgage from LoanCore.
McDonald Development Sells Orlando Industrial Asset
Cushman & Wakefield arranged the $26.4 million sale of Sand Lake Commerce Center, a two-building Class A property near Orlando International Airport.
Charlotte-Area Industrial Portfolio Trades for $76M
Albany Road Real Estate Partners has sold a collection of 13 buildings totaling more than half a million square feet across four business parks.
CBRE Completes Sale of Phoenix-Area Retail Property
Completed last year, the 1,700-square-foot single-tenant building in Scottsdale, Ariz., is leased to The Coffee Bean & Tea Leaf.