Investment
West Las Vegas Office Building Sells for $15M
Real Estate Services Group traded the nearly 90,000-square-foot suburban asset for more than double the price it paid in 2013.
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
Los Angeles Mall to Land New Owner
CIM Group is set to acquire Baldwin Hills Crenshaw Plaza for more than $100 million, and may redevelop the property.
Corning Optical’s Charlotte HQ Sells for $59M
Beacon Capital Partners sold the property less than one year after completing the $38 million build-to-suit for the fiber optics solutions provider.
Industrial Real Estate’s Positive Prognosis
Increased online shopping should continue after the pandemic and that’s good news for warehouse and distribution real estate in the long term.
Fairway America’s CEO on Upcoming $1B Fund, Investment Partnerships
Founder & CEO Matthew Burk talks about the importance of teaming up with disciplined real estate professionals and shares his predictions for the middle markets.
Stos Partners Buys Inland Empire Industrial Asset for $29M
The 228,912-square-foot facility is fully leased to a publicly-traded healthcare company.
Empire Square Pays $41M for Silicon Valley Facility
The 102,668-square-foot building in the Golden Triangle last changed ownership in 2016.
Merrill Lynch’s New Jersey Campus Commands $95M
American Real Estate Partners and Independencia Asset Management have sold the three-building property they had owned since 2013.
Avison Young Closes Sale of North Florida Life Sciences Building
The team assisting the seller included Principals Rick Cain, Nick Banks, Michael Fay, David Duckworth and John Crotty.