Investment
Amazon Industrial Building in Bay Area Sells for $105M
CT Realty completed the development of the 1.2 million-square-foot industrial facility in 2018, as part of the first phase of the company’s NorCal Logistics Center.
Silverstein Properties, Partners Pay $452M for Philadelphia Tower
Acquired in a JV with Arden Group and Migdal Insurance, 1735 Market Street marks Silverstein’s first office investment outside Manhattan.
SVN Brokers Chicago Loft Office Building Sale
Angelo Labriola and Paul Cawthon of the Cawthon-Labriola Group of SVN Chicago represented the seller while Advisors Stephen Cusano and James Mead represented the buyer.
Cousins, TIER REITS to Merge in $7.8B All-Stock Deal
The deal, expected to be completed in the third quarter, would create the preeminent Sun Belt office REIT, with 21 million square feet of Class A trophy office properties in hot markets like Austin and Atlanta.
BlackRock to Buy eFront for $1.3B
With the all-cash purchase of the Paris-based alternative investment software and solutions provider, the global asset manager will significantly enhance its technology platform.
Hunt Capital Acquires Peak 8 Asset Management
The company calls the deal a strategic investment in the alternative fixed income market, Peak 8’s specialty.
InvenTrust Buys 2 Orlando-Area Retail Centers for $64M
Located across the street from each other in Winter Park, Fla., Lakeside Winter Park and Lakeside Crossing total 76,000 square feet.
Hanley Investment Brokers Sale of LA-Area Shopping Center
President Ed Hanley handled the $29.5 million transaction on behalf of both parties. The roughly 53,000-square-foot The Crossroads @ Firestone was fully leased at the time of sale.
CIM Sells Salt Lake City Retail Asset for $48M
Newmark Knight Frank has arranged the disposition of The Family Center at Riverdale, a 427,800-square-foot shopping destination in Riverdale, Utah.
Charlotte CBD Office Building Sells for $41M
Anchored by Bank of America, the 10-story property constructed in 1987 last changed hands less than three years ago. CBRE brokered the latest transaction.