Investment
New Kennedy Wilson JV Acquires 1st Property
In partnership with Security Benefit, the company purchased an office campus in Bellevue, Wash., for $227 million. WeWork is among the tenants of the three-building asset.
Stanton Road Capital to Revamp Newly Acquired Orange County Asset
The new owner paid $209 per square foot for TriCentre, with Global Atlantic Financial Group providing the acquisition and development financing.
Rexford Industrial Continues Southern California Expansion
The firm has grown its portfolio with the acquisition of two facilities located in Downey, Calif.
London Mixed-Use Tower Lands $121M Loan
LaSalle Investment’s Real Estate Debt Strategies III fund financed Manhattan Loft Gardens, a 42-story hotel and residential tower.
California Life Science Asset Sells for $26M
Harbor Associates sold Think Here, a 160,980-square-foot life science/ R&D campus in Thousand Oaks, Calif.
Tampa Bay Office Campus Commands $45M
Taurus Investment Holdings acquired the four-building asset in Sarasota, Fla. JLL represented the seller and procured the buyer.
HCP to Acquire Cambridge Building for $333M
The Davis Cos. and Invesco Real Estate developed the LEED Gold-certified property in 2018. The transaction is expected to close by year-end.
Boston Properties Buys Some More in Its Home Metro
Even prior to the $106 million transaction, the REIT was already Waltham’s largest owner and manager of Class A office space.
Cushman & Wakefield Closes $12M Ft. Lauderdale Office Sale
Scott O’Donnell, Dominic Montazemi, Greg Miller, Miguel Alcivar, Jason Hochman and Michael Ciadella worked on behalf of the seller, an investment fund associated with Netz USA.
iStar Affiliate Closes $535M in Ground Leases
The REIT finalized a previously announced joint venture agreement for a ground lease of 425 Park Ave. in Manhattan and the additional ground lease of a Honolulu hotel.