Investment
$94M Industrial Deal Sets the Pace for Southern California
Dedeaux Properties and an institutional partner acquired the Inland Empire asset in the area’s biggest single-asset industrial transaction of 2019.
Black Creek Group Picks Up Miami Industrial Asset
The nearly 70,000-square-foot warehouse sold for more than double the price it commanded in 2011. Newmark Knight Frank represented both parties in the deal.
JV Picks Up Suburban Kansas City Hotel
Wexford Lodging Advisors and Trinity Private Equity Group purchased the 11-story building and plan to invest $17 million in upgrading the property.
DJM, Gaw Capital Purchase Iconic Hollywood Retail Complex
The private equity firms have teamed up to acquire the 463,000-square-foot shopping center from CIM Group. The property also houses the venue for the Academy Awards ceremony.
Weingarten Sells Inland Empire Shopping Center for $89M
Lucescu Realty has arranged the sale of the 700,000-square-foot Jess Ranch Marketplace to a privately held investment company after having fielded inquiries from a diverse group of investors.
CRE Lending Picks Up Speed
A midyear update on financing trends from CBRE Capital Markets. Brian Stoffers, global president of debt and structured finance, weighs in.
San Diego Office Building Sells for $11M
Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal.
NYPA to Invest $1.1B in Niagara Plant Upgrade
Highlights include replacing aging equipment with advanced technologies to optimize performance.
Deka Group Enters Portland With $48M Buy
The German financial company broke into the local office market with its purchase of a Class A building in the city’s central business district.
Thor Equities Launches Life Sciences Platform
The company announced the new division, Thor Sciences, as well as the acquisition of a New Jersey life sciences campus for $152 million.