Investment
The Struggle Between Capital and Interest Rates
At DLA Piper Summit’s plenary session, industry veterans from Allianz Real Estate, Blackstone, USAA, Brookfield and Ventas reflected on the relationship between shrinking interest rates and the trainloads of capital looking for suitable opportunities.
National Instruments Sells Austin Office Asset for $35M
The buyer is a discretionary institutional commercial real estate fund formed in 2012, represented in its first foray into the market by Madison Marquette.
Pennsylvania Distribution Center Commands $43M
Black Creek Group acquired the 456,810-square-foot asset in Shiremanstown. JLL assisted the seller in the disposition.
Avison Young Brokers Sale of Florida Offices
The firm represented the sellers in the disposition of two buildings in Fort Lauderdale and Sunrise, Fla.
Lee & Associates Facilitates Sale of Mixed-Use California Property
A private investor purchased the 14,000-square-foot asset in Burbank. Managing Director Scott Romick and Principal Cory Stehr represented both parties in the transaction.
Las Vegas Mixed-Use Moves Ahead With $150M Loan
Mosaic Real Estate Investors provided the construction loan for Matter Real Estate Group’s first phase of its UnCommons development. Plans call for office, retail space, restaurants and a residential component.
Hines Sells North Florida Office for $42M
The newly constructed, 120,407-square-foot development in Jacksonville is McKesson Corp.’s headquarters. The company signed a full-building lease in 2018.
Q&A: Avoiding the Herd Mentality in Single-Tenant Industrial
Bryan Norton shares he and his partners at Triple Net Acquisitions are managing to cut their own path in single-tenant real estate investments.
JV Acquires Cincinnati Retail Space
Konover South, Zucker Investment Group and Truett Realty Group purchased a 3,651-square-foot ground-floor space located around Hyde Park Square.
Brooklyn Mixed-Use Asset Scores $76M Acquisition Loan
Isaac Hager of Cornell Realty Management and developer Lipa Rubin purchased the hotel and multifamily asset, which was completed in 2016.