Investment

Eldorado, Caesars Entertainment Complete $17B Merger

VICI Properties, a REIT spun off from Caesars Entertainment, completed multiple transactions related to the blockbuster merger that created the world’s largest casino and entertainment company.

Marcus & Millichap Arranges Florida Retail Sale

The Babb Group’s Shawn Rupp, Casey Babb and Luis Baez represented the buyer of the 5,636-square-foot net-leased property in Gainesville.

Venture One Partnership Acquires Chicago-Area Industrial Facility

The property last traded in 2017, when it was acquired by WHI Real Estate Partners.

1031 Exchange FAQ

CPE answers essential questions on Section 1031 of the U.S. tax code and what it can mean for your real estate portfolio.

Lexington Realty Trust Buys Georgia Industrial Park for $40M

Located some 8 miles from the Port of Savannah, Dean Forest Commerce Park encompasses 440,000 square feet in two buildings.

Phoenix Flex Property Trades for $8M

Safe Harbor Exchange acquired the asset in a 1031 exchange. Cushman & Wakefield represented the seller.

Adler Realty Pays $12M for Philadelphia-Area Retail Asset

Nationwide Life Insurance Co. provided $7.1 million in financing for the purchase of the 67,215-square-foot property.

Matthews Real Estate Closes Western Arizona Retail Deal

Charles Wright, Taylor Avakian, Braden Crockett and Chad Kurz assisted the seller and procured the buyer in the $13.2 million deal.

CBRE Global Investors Acquires Historic San Francisco Building

Built in 1903, the property underwent a full renovation in 2000, which included seismic structural upgrades and a new roof.

JV Buys Broward County’s Largest Office Tower

Ten Capital Management and its co-general partner Somerset Properties are the new owners of a 400,000-plus-square-foot building in Fort Lauderdale, Fla.