Investment

Griffin Capital Pays $35M for North Carolina Asset

The Winston-Salem industrial property serves as a distribution facility for PepsiCo products.

Quantum Real Estate Brokers $18M Retail Deal in Chicago

Quantum President Chad Firsel negotiated the transaction on behalf of both the seller and the buyer.

Dallas Galleria Office Towers Trade for $396M

The 1.4 million-square-foot, three-building portfolio last changed ownership in 2015 for $300 million.

LaSalle Buys Dutch Logistics Facility

On behalf of its pan-European fund Encore+, the company acquired a logistics facility roughly 9 miles from the Port of Rotterdam.

GIC Buys Beijing Office Skyscrapers for $1.1B

Singapore’s sovereign wealth fund purchased LG Twin Towers, two skyscrapers totaling 1.5 million square feet, from South Korean conglomerate LG Group.

Digital Realty Consolidates Ownership of Seattle High-Rise Data Center

The REIT will own 99 percent of the main telecommunications hub and carrier hotel for the Pacific Northwest.

Carlyle Development Pays $20M for Baltimore Retail Asset

The approximately 234,000-square-foot shopping center last changed hands in 2017 for $8.7 million.

JLL Income Property Trust Pays $62M for Phoenix Office Buildings

The two properties were recently renovated in a $4.5 million capital improvement plan.

Northern Virginia Office Campus Trades for $47M

Acting on behalf of MRP Realty, Newmark Knight Frank orchestrated the sale of two office buildings in a Washington, D.C., suburb.

MCR Enters Massachusetts With SpringHill Suites Acquisition

The new owner shelled out $16.2 million for the 164-key hotel in Peabody.