Investment
MCA Realty Sells Recently Renovated Las Vegas Industrial Asset
After acquiring Walnut Business Park in 2016 for $5.2 million, the seller traded the multi-tenant property for $7.9 million.
Shorenstein Properties’ Portland Strategy
After buying the 209,000-square-foot asset in 2007 and conducting renovations, the company sold the property for $57.5 million.
AHIP to Acquire $191M Hospitality Portfolio
The company will finance the acquisition with the proceeds of a recent $215 million disposition and a new loan.
South Florida Office Campus Sells for $33M
The park has two buildings totaling more than 110,000 square feet and is fully leased to two long-term tenants.
West Palm Beach Shopping Center Sells for $20M
JLL represented Trinity Place Holdings in its disposition of The Shoppes of Forest Hill, a 112,364-square-foot retail property anchored by Walmart.
The Boulder Group Arranges $15M Charlotte-Area Retail Sale
The property is fully leased to Lowe’s, which recently extended its lease by 10 years. Partner Randy Blankstein and President Jimmy Goodman worked on behalf of the buyer.
Rexford Industrial Buys Orange County Facility
The company paid $34 million for a 276,585-square-foot property located in Garden Grove, Calif.
Raleigh-Area Office Assets Change Hands
Cushman & Wakefield’s David Finger and Sara Owen represented the seller in both transactions.
The Boulder Group Arranges Florida Retail Transaction
The firm’s Randy Blankstein and Jimmy Goodman brokered the sale of the single-tenant retail facility located in West Palm Beach.
Value-Add Play Wins $64M in Suburban Los Angeles
As demand grows for big blocks of office space, Griffin Capital Essential Asset REIT emptied 2160 Grand Ave. in El Segundo, Calif., and sold the 151,300-square-foot building to SteelWave.