Investment
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.
Miami Office Building Trades for $14M
Key International sold the 11-story Class A asset located near the Health District. Institutional Property Advisors negotiated the deal on behalf of the seller.
Holloway Lodging Buys 3 Vacant Houston Office Buildings
The assets changed hands for a combined $13.2 million. BH Properties sold two buildings totaling some 235,000 square feet, while Stream Realty Partners traded a 198,000-square-foot property.
Beacon Capital Makes $600M Sale-Leaseback Deal
An affiliate will buy the San Francisco headquarters of Zynga, the online gaming company, which will then lease about one-quarter of the Class A property.
Easterly Government Properties Buys FBI’s New Orleans Office
The 137,679-square-foot building, which houses the government agency’s field office in New Orleans, was built for the FBI 20 years ago.
Hillwood Expands Metro Atlanta Presence
The company purchased a 100,000-square-foot warehouse in Norcross for $6 million, marking the its second acquisition in the Atlanta market this year.
Metro Orlando Retail Center Trades for $18M
Consolidated-Tomoka Land Co. sold the gym-anchored, 112,351-square-foot shopping mall in Winter Park, Fla. HFF assisted the seller in the disposition.
Armada Hoffler Buys 2 VA Retail Centers for $105M
The REIT enhances its already strong presence in Virginia Beach by nearly 500,000 square feet with the addition of Red Mill Commons and Marketplace at Hilltop.