Investment
TPG Sells Atlanta-Area Business Park
The company sold the five-building industrial facility for $19 million after six months of ownership.
Investcorp’s Record Deal
Reinforcing its position as the fifth-largest foreign U.S. real estate investor, the Bahrain-based company bought $800 million worth of industrial assets in two separate deals.
Meridian Sells Recently Completed Northern California MOB
Cushman & Wakefield facilitated the sale of a 13,600-square-foot dialysis clinic in Stockton.
Charlotte Office Building Sells for $38M
Pappas Properties sold SunTrust Building at Sharon Square, a 91,575-square-foot office building in Charlotte’s SouthPark submarket.
TPG Pays $71M for 18-Building Asset Near Atlanta
The 981,720-square-foot flex industrial park is near Interstate 85 in the Northeast industrial submarket.
Los Angeles-Area Office Building Changes Hands
A joint venture of AEW Capital Management and North Sea Capital Advisors sold their creative offices in El Segundo for $97.2 million.
Suburban Cleveland Office Property Sells for $61M
The sale of the 36-acre office campus in Mayfield Heights, Ohio, is one of Mohr Capital’s largest deals to date.
Reich Brothers Buys Florida’s Largest Single-Building Warehouse
The industrial real estate firm paid $70 million for the 1,937,892-square-foot asset located in Ocala.
Novel Coworking Pays $13M for Columbia Office Asset
The company will renovate the downtown asset that will house its first South Carolina location.
CRE Industry Preps for New EB-5 Regulations
The U.S. government’s modernization of the immigrant investor program goes into effect tomorrow with new rules—most notably, an 80 percent increase in the investment minimum.