Investment
Suburban Phoenix Storage Facility Changes Ownership
Natixis provided the new owner with a $7.1 million acquisition loan for the 91,569-rentable-square-foot property.
Self Storage: Everyone Wants a Piece of the Pie
Kris Bennett of Landis shares his thoughts on the future of self storage, as well as tips on how to keep up with this growing sector.
Transwestern Sells Newly Built Warehouse
The facility in Franklin Park, Ill., was completed in December 2018 and benefits from Cook County’s 6b tax incentive.
Pebblebrook to Sell 2 Luxury Hotels for $331M
One of the properties reportedly traded for the highest price per key in Atlanta’s Buckhead district.
JV Enters High-Barrier Charlotte Submarket With $64M Acquisition
Somerset Properties and its joint venture partner are the new owners of a 1.4 million-square-foot distribution warehouse.
Panattoni Sells Reno Industrial Park for $117M
Located in one of Northern Nevada’s hottest industrial markets, the 1.4 million-square-foot property encompasses four Class A buildings.
Vestar Sells Metro Phoenix Retail Center for $62M
The 245,000-square-foot Crossroads Towne Center was 99 percent leased at the time of sale.
KBS Sells Orange County Office Asset
A private investor paid $25.4 million for the Class B asset—nearly $4 million above the property’s last sale price in 2015.
Clarion Partners Gets $40M for West Palm Beach Retail Asset
The BJ’s Wholesale Club-anchored, 232,727-square-foot shopping center was more than 95 percent leased at the time of the sale.
LaSalle Sells Spain’s Only LEED Platinum Office Building
CBRE Global Investors snapped up the refurbished heritage property in central Madrid.