Investment

Sacramento Retail Center Sells for $21M

Marcus & Millichap brokered the sale of Strawberry Creek, a 57,373-square-foot asset shadow-anchored by Target.

CapRidge Sells Charlotte Office Property for $36M

Synovus Bank provided the buyer of the 173,000-square-foot asset with nearly $25 million in acquisition financing.

Welltower to Buy MOB Portfolios for $1.7B

The REIT will hold the title of the nation’s largest medical office property owner upon completion of five separate deals comprising 3.5 million square feet.

Swift Real Estate’s $193M Office Portfolio Acquisition

JLL Capital Markets represented the seller, PGIM Real Estate, and secured the buyer with a $161 million loan through Nuveen Real Estate.

The Bloom Org. Sells New Jersey Office/Flex Complex

The five-building Fellowship Business Center in Mount Laurel traded in a $10.7 million deal.

Lockheed Martin R&D Facility Trades for $26M

An affiliate of NorthBridge Partners bought the 125,600-square-foot advanced research facility in Andover, Mass.

41995 Zevo Drive. Image courtesy of Avison Young

SoCal Investor Expands Footprint With 224 KSF Buy

The seller worked with Avison Young to arrange two noteworthy leases before the sale.

Elliott Bay Capital Trust Sells Dialysis Portfolio for $143M

A REIT has acquired the collection of 50 health-care properties across 22 states.

Phoenix Property Investors Closes $1.2B Fund

The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.

Rockefeller Group JV Wraps $60M Sale of New Jersey Asset

SHI International, an IT solutions provider, is the new owner of a building at Rockefeller Group Logistics Center in Piscataway, N.J.