Investment
Urbanspace Buys The Independent’s Entire Ground Floor
The acquisition marks the company’s 20-year presence in Austin and also launches them into the neighborhood coffee shop and bar business.
Metro Miami Distribution Facility Trades for $38M
ASB Capital Management has purchased the 221,542-square-foot asset in Fort Lauderdale. CBRE assisted the seller, Bridge Development Partners, in the transaction.
Top 10 Office Transactions in Atlanta
Transaction activity during the first five months of 2019 was dominated by suburban office properties. The Buckhead, Galleria and Alpharetta submarkets attracted the most investor interest.
Blackstone to Double US Industrial Footprint in Record $18.7B Deal
The company agreed to purchase assets from three GLP funds, building on growing e-commerce demand. The deal is being called the largest-ever private equity real estate transaction.
East Bay Office Asset Sells for $115M
CIM Group was the seller of the 10-story Class A building, which last traded more than a decade ago as part of a portfolio deal.
Cushman & Wakefield Arranges Sale of WPB Office Building
SF Partners sold a 43,433-square-foot property for $8.5 million. At the time of the sale, the asset was almost fully occupied.
Terreno Realty Buys 2 Industrial Buildings for $48M
The company has added to its portfolio around 119,000 square feet of industrial space located in San Francisco’s Dogpatch submarket.
Brennan Investment Group JV Buys 1.3 MSF Chicago Warehouse
The real estate firm and a client of Arch Street Capital Advisors purchased the fully leased property through the $300 million USIPA – Brennan Ventures II LLC investment vehicle.
Bass Pro Shops Sells 11 Cabela’s Locations for $324M
B+E brokered the sale-leaseback deal, which is believed to be the largest commercial real estate transaction sold through a digital platform.
California Office Asset Changes Hands for $17M
Graymark Capital and an institutional partner purchased the 92,477-square-foot, 45 percent leased, two-story property located in Sorrento Mesa, Calif.