Investment
City Line Capital Buys Georgia Storage Facility
The company has expanded its footprint with the acquisition of the 49,490-square-foot asset in Savannah.
Buzz Oates Sells Sacramento-Area Office Building
The company traded the 102,750-square-foot Natoma Station Corporate Center for nearly $24 million.
Repositioned Raleigh Office Asset Trades for $18M
The Simpson Org. sold the nearly 92,000-square-foot building three years after acquiring the property and investing in capital improvements.
Hines Sells Kierland One Office Building in Phoenix
Velocis is the new owner of the four-story property, which marks the company’s third investment in the metro’s office market.
Global CRE Markets: Downturn Talks Intensify
Tarrant Parsons, economist with RICS in London, discusses occupier and investor sentiment in major markets across the globe, as well as the impact of the Brexit delay.
Tierra Management Sells Las Vegas Office Building
The buyer secured more than $7 million in financing for the acquisition of the 86,515-square-foot property.
Service Properties Sells Las Vegas Office Building
The deal is the first step in the firm’s disposition plan to sell about $500 million in non-core assets following a $2.4 billion retail portfolio acquisition last month.
Harbor Expands Orange County Office Portfolio
The investment company continued its buying spree with the purchase of two office buildings in Southern California for $80 million.
Hanley Arranges Sale of LA-Area Retail Asset
The property, which was marketed for the first time in 20 years, sold for $5 million to a local buyer.
Avison Young Arranges Mixed-Use Sale in Miami’s Cutler Bay Area
Rosendo Caveiro, John Crotty, Michael Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth and Emily Brais represented the seller. The fully leased asset includes office and retail space.