Investment
Walmart-Leased Inland Empire Asset Changes Hands
Avison Young acted on behalf of both parties. The 102,320-square-foot industrial property last traded in 2015 for $7.4 million.
Blackstone Takes $89M Financing for Big Nashville Buy
The firm bought the 490,000-square-foot property in the largest Music City office deal of the past six years.
VanWest Expands Self Storage Portfolio
Despite dropping rents throughout the U.S. self storage market, the investment firm has completed two acquisitions in Walkertown and Salisbury, N.C.
Broad Street, MedAmerica Close Merger’s First Phase
The newly formed company launches with a portfolio of nine grocery-anchored shopping centers totaling approximately 865,600 square feet in the Mid-Atlantic region.
Net-Leased Supermarket Portfolio Trades for $150M
Winstanley Enterprises and Surrey Equities acquired 23 NNN grocery assets on the East Coast.
Howard Hughes Spends $565M in Houston
The portfolio includes the former headquarters of Anadarko Petroleum and ConocoPhillips, plus a warehouse and developable land.
NKF Arranges Sale of 178 KSF Office Property
The firm sold 2100 Reston Parkway in Reston, Va., to a joint venture of Moore & Associates and Harbert Management Corp.
MGM Resorts Sells Circus Circus for $825M
The 51-year-old Las Vegas hotel and casino was acquired by billionaire casino mogul Phil Ruffin.
Who’s Winning the CRE Debt Wars?
Despite positive market fundamentals, competing in the late-cycle financing arena requires sharp skills and discipline.
Phoenix Snags Kansas Warehouse Facility
The company acquired a former Amazon distribution center in Coffeyville.