Investment
MCA Realty Makes $42M Industrial Buy in Las Vegas
The Equus Business Center, a multi-tenant industrial property about a mile from the Las Vegas Strip, will be rebranded as Central Seven Commerce Center.
ASB Real Estate Buys Inland Empire Industrial Asset for $124M
The company acquired the 1.4 million-square-foot Columbia Business Park development in Riverside, Calif., from a client of Washington Capital Management Inc.
San Diego-Area Industrial Asset Sells for $7M
Cushman & Wakefield arranged the transaction of the 40,831-square-foot facility on behalf of the seller. The buyer was self-represented in the deal.
CrossHarbor Sells Boston-Area Office Asset
A local investor has purchased the majority interest in the two-building office property.
Stan Johnson Brokers Tampa MOB Sale
The 25,634-square-foot multi-tenant property changed hands for $8.6 million. Director James Ullrich, Senior Director Jeff Matulis and Associate Michael Macchia represented the seller.
New Jersey Industrial Portfolio Sells for $178M
Hampshire Real Estate Cos. sold the assets into a new joint venture with an affiliate of Colony Capital. The complex transaction was arranged by CBRE.
From Movie House to Mixed-Use: Historic South Bay Asset Sells for $18M
Federal Realty Investment Trust sold The Bijou Building, which began life in 1923 as a movie theater. Newmark Knight Frank arranged the sale of the property in Hermosa Beach, Calif.
Drawbridge Realty Picks Up Opportunity Zone Asset for $98M
The company also owns an office property next to the two-building campus in Santa Ana, Calif.
Fairbridge Properties Buys Chicago Office Asset for $43M
The company purchased Oak Brook Gateway, a 233,200-square-foot building, marking its entrance into the Windy City market.
Union Investment Buys Dublin Office for $213M
The German firm’s recent purchase represents their third office property in the city and fifth commercial property that combines for a portfolio value of $695 million.