Investment
Welltower Adds to MOB Growth Spurt
The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.
KKR Buys Atlanta Tower in $205M Deal
The global investment firm acquired the controlling interest in the office building from Banyan Street Capital, which has owned the property since 2016.
Metro Miami Office Tower Sells for $19M
The Capstone Group acquired the 11-story, Class A building in West Palm Beach, Fla. Cushman & Wakefield assisted the seller and procured the financing for the buyer.
Suburban Seattle Office Campus Trades for $55M
Working on behalf of TA Realty, NKF arranged the sale of the 154,800-square-foot Corporate Campus East III in Bellevue.
Jamestown Buys Levi’s San Francisco HQ for $820M
The investor scooped up the nine-building, 931,160-square-foot asset from Gerson Bakar & Associates in one of the city’s biggest-ever office deals. Eastdil Secured arranged the sale.
Podcast: All Eyes on Slowing Growth Numbers
RICS Chief Economist Simon Rubinsohn on how U.S.-China trade talks are impacting global real estate markets.
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
Inland Empire Office Park Changes Hands
Buyer Olmax Corp. financed the acquisition of the 65,000-square-foot Class B asset with a $3 million loan from Citizens Business Bank.
BKM Capital Partners Hits Milestone With $111M Las Vegas Buy
The purchase of the 13-building industrial property marks the California firm’s largest to date. Pacific Business Center was 85 percent leased at the time of sale.
Longfellow Stretches Footprint With $205M Bay Area Buy
The investor’s latest deal increases its holdings to 4.7 million square feet nationwide. KBS, the seller, continues its streak of high-octane dispositions.