Investment
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.
MC Real Estate Partners Snaps Up Maryland Asset
The recently formed company has expanded its footprint with the addition of a two-building office campus in Rockville.
Top 5 Phoenix Submarkets for Office Transactions
Investors have focused on high-end and value-add properties across several key areas of the metro as demand for modern office space continues to climb.
Los Angeles Industrial Asset Commands $104M
Westcore Properties sold a 543,000-square-foot facility in Santa Fe Springs, Calif. With this acquisition, the buyer’s industrial portfolio in the metro increased to 2.2 million square feet.
New Jersey Storage Facility Changes Hands
Self Axis Storage purchased Clermont Self Storage, a 292-unit facility in Cape May Court House.
San Diego Office Portfolio Trades for $16M
JLL represented LBA Realty in the disposition of two single-tenant assets totaling 60,139 square feet.
Terreno Realty Grows West Coast Portfolio
The company has expanded its footprint in the San Francisco Bay Area, with the acquisition of a 93,000-square foot industrial facility.
Facebook-Occupied Property Sells for $16M
The 24,431-square-foot office/industrial property is net leased to Facebook. The company plans to upgrade the facility to suit its needs.
Broadstone Net Lease Buys $736M Industrial Portfolio
The REIT has snapped up 23 fully leased assets totaling 6.9 million rentable square feet across 14 states and Canada.