Investment
Monmouth Buys FedEx-Leased Facility for $48M
Located in Whitsett, N.C., the 286,281-square-foot building is under a 15-year lease with the delivery company.
San Diego Office Park Trades for $39M
Longfellow Real Estate Partners acquired Sorrento Tech, a fully-leased R&D campus.
IQHQ Acquires Metro Boston Life Science Campus
The REIT expanded its presence in the area with the $35.9 million purchase of Innovation Park in Andover, Mass.
North Florida MOB Changes Hands in $18M Deal
Onicx developed the 46,483-square-foot property within the HCA North Florida Regional Medical Center’s campus in Gainesville, Fla.
Marcus & Millichap Arranges Sale of Texas Storage Portfolio
Dave Knobler and Charles LeClaire assisted the seller of the two CubeSmart managed properties.
CapRock Closes Second Funding Round With $180M
The firm will focus on middle-market, value-add facilities in California, Nevada and Arizona.
Avison Young Spearheads Miami Industrial Sale
The company assisted RAM Steel Framing in the $7.6 million sale-leaseback of its headquarters.
IRA Capital Acquires Orange County MOB for $38M
St. Joseph Hospital of Orange has leased the 56,809-square-foot facility since 2008.
Hanley Investment Closes Southern California Retail Sale
Executive Vice President Matt Burnett represented both buyer and seller in the disposition of the Inland Empire property.
Philadelphia Industrial Property Trades for $9M
The Hampshire Cos. has sold the 86,315-square-foot property to Mountain Development Corp.