Investment
Global Economy Feels Coronavirus Burden
Although the global GDP registered a projected 1.1 percent decline during the first quarter, economists suggest that recovery is almost around the corner.
CBRE Spearheads Raleigh-Area Industrial Sale
Senior Associate Jimmy Poole negotiated on behalf of the seller in the 1031 exchange transaction.
Landmark Dividend’s $122M Landmark Acquisition
The company’s purchase of a three-building campus in Phoenix marks its expansion into the turnkey data center sphere.
Lexington Realty Sells West Virginia Amazon Property
The new owner secured a 10-year, $11.8 million acquisition loan from Wesbanco Bank.
Westcore Pays $12M for Phoenix Warehouse
The seller, a bedding company, signed a short-term leaseback agreement for the 148,700-square-foot facility.
Q&A: Who’s Lending and Who Isn’t?
While the rules of engagement have changed, it is still possible to borrow money today, according to Eli Weisblum of Ariel Property Advisors.
Marcus & Millichap Brokers Northwest Florida Retail Sale
James Medefind and Cory Gross assisted the seller and procured the two buyers in the deals.
JLL Arranges Atlanta-Area Retail Center Acquisition
DLC Management Corp. paid $12.8 million for the 88,646-square-foot Five Forks Corners in Lilburn, Ga.
BLT Enterprises Buys 2 Hollywood Assets for $20M
The acquisition includes a production and entertainment office compound and a creative office project.
American Personal Storage Sells Miami-Area Asset
The company sold the recently renovated 602-unit facility for more than $7 million, public records show.