Investment
Continental Realty Pays $12M for Tampa Shopping Center
Walmart and Publix have anchored the 166,465-square-foot retail property since 1986, the year it was completed.
LaSalle Investment Consortium Makes Canadian Purchase
LaSalle Canada Property Fund was joined by three other firms to acquire Edmonton City Centre, a 1.4 million-square office, retail and parking portfolio.
Virtua Partners Pays $13M for Atlanta Office Asset
The 75,000-square-foot suburban acquisition will serve as Hotel Equities’ new headquarters.
West Palm Beach Retail Asset Sells for $24M
Kohl’s and Dick’s Sporting Goods are the long-term anchor tenants of the 200,000-square-foot property.
Newmark Knight Frank Arranges Sale-Leaseback of $56M MOB Portfolio
The portfolio included Jefferson City Medical Group’s medical building and adjacent orthopedic center in Jefferson City, Mo.
Wholesale Distributing Company Expands in Pflugerville, Texas
Republic National Distributing Co.’s relocation will bring 304 full-time jobs to the region and include a $27 million capital investment.
Stockbridge Adds 8.7 MSF to Growing Industrial Holdings
PGIM Real Estate Finance facilitated the multi-state transaction valued at some $800 million.
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.