Investment
American Landmark Properties Sells 2 Chicago Assets
American Landmark Properties Corp. has sold the Class A office assets for $24.1 million.
Big Lots Inks $725M Industrial Sale-Leaseback Deal
The discount retailer will sell four distribution centers totaling 7.5 million square feet and continue to occupy the properties under long-term agreements.
German Investor Buys Baltimore Industrial Asset for $90M
The property includes 7550 Perryman Court, reportedly the largest industrial speculative building ever constructed in Anne Arundel County.
Tallying Up the Difference in New York
Following the Fed’s two emergency rate cuts, mortgage originations spiked. However, the impacts of the coronavirus pandemic have begun to manifest in other ways.
Duke Health MOB Changes Hands in Durham
CBRE|Raleigh facilitated the $5.7 million disposition of the fully leased, single-tenant asset.
Xcel Energy Sells Natural Gas-Fired Plant for $680M
The Minneapolis-based utility had acquired the Mankato Energy Center from Atlanta-based Southern Co. for $650 million in January.
Philadelphia-Area Office Asset Trades for $200 PSF
Kairos Real Estate Partners and Artemis Real Estate Partners have sold 518 Township Line Road in Blue Bell, Pa., four years after acquiring the property at a steep discount.
Las Vegas Airport Warehouse Trades for $16M
Seller BKM Capital Partners provided the new owner with financing for the 17,000-square-foot industrial asset.
Cushman & Wakefield Arranges Sale of Grocery-Anchored New Jersey Asset
A team of eight brokers assisted the seller and procured the buyer for the 73,000-square-foot shopping center.
JV Acquires Stake in Melbourne Tower for $398M
A joint venture between Dexus and GIC have purchased a 50 percent stake in one of the city’s tallest office buildings.