Investment
Slate Retail Closes $90M Portfolio Purchase
The REIT paid nearly $17 million less than the total specified in the original purchase and sale agreement for the 623,800-square-foot collection of grocery-anchored properties.
Boston-Area Industrial Property Commands $51M
Service Properties Trust will use the proceeds from the sale of the 675,000-square-foot building in Canton to repay debt.
As Stores Reopen, How Quickly Will Retail Recover?
Marcus & Millichap’s latest report details how the sector was forced to adjust to the COVID-19 crisis and how the reopenings may play out.
Office Space Demand to Decrease, NAIOP Predicts
In a just-released forecast, NAIOP predicts net negative U.S. office market absorption for the next four quarters.
City of Hope Acquires $108M SoCal Development Site
The Los Angeles-area cancer treatment institution will create an additional campus with the transformation of an existing building and construction of a new hospital.
Park Street Partners Sells Kansas MHC Portfolio
Capstone Manufactured Housing has arranged the $20 million disposition of three manufactured housing communities in the Wichita area to a California-based operator.
Children’s Aid Sells Manhattan Office Building
Habib American Bank purchased the seven-story property, which will become its new headquarters.
Charlotte Commercial Real Estate Wrap-Up – May 2020
Cousins Properties pays $85 million for parking deck. Newly built suburban HQ trades for $58.5 million. Catch up with our May list of Charlotte must-knows.
Allianz Real Estate Closes $154M Acquisition in Milan
The company purchased the office asset in a sale-leaseback transaction with Crédit Agricole Italia.
CBRE Arranges $50M West Palm Beach Office Campus Sale
Vice Chairman Christian Lee and Executive Vice President Jose Lobon led the team assisting the seller in the disposition of the 243,274-square-foot asset.