Investment
San Diego Convenience Center Changes Hands
Capstone Advisors sold the roughly 15,000-square-foot retail center. CBRE represented both parties in the deal and secured acquisition financing.
AT&T Signs VPPAs for 960MW of Wind, Solar
The company estimates that its renewable energy purchases will reduce greenhouse gas emissions by an amount equivalent to powering more than 560,000 homes for one year.
New York Retail Property Trades in 1031 Exchange
The Kempner Corp. sold the 25,000-square-foot retail asset in Mount Kisco. HomeGoods is the anchor tenant of the building.
Normandy Sells DC Office Building for $105M
The seller had purchased the I.M. Pei-designed property out of foreclosure a little more than a year ago.
MCSS Development Sells 480 KSF Self Storage Portfolio
The company built the collection of five multi-story trophy properties between 2016 and 2018.
Blackstone to Buy Greek Hotels for $197M
A unit of the global private equity firm is acquiring the 1,464-key portfolio from Europe’s Louis Group.
Google to Pump $3.3B Into European Data Center Expansion
This will bring the company’s total investment in Europe’s internet infrastructure to more than $16 billion since 2007.
Exploring Opportunity Zones: Part II
How effective was the latest guidance issued on the Opportunity Zone program? Primior’s Johnney Zhang weighs in on the topic and discusses how the initiative influenced land prices.
Bridge Development Capitalizes on Strong Chicago-Area Industrial Demand
The company sold the three-building second phase of its 225-acre Bridge Point North Business Park in Waukegan, Ill., just months after completing construction.
Marcus & Millichap Arranges Texas Storage Sale
The firm’s Fort Worth-based brokerage group facilitated the sale of a 209-unit boat and RV storage facility.