Investment
Admiral Capital Group Buys 2 Dallas-Area Office Assets
Totaling 260,000 square feet, the purchase included Duke Bridges III in Frisco and Parkwood Place in Plano. Stream Realty Partners will handle leasing and property management.
BKM Capital Partners Buys Denver Industrial Asset
The company paid nearly $24 million for the property, which was 100 percent leased to 20 tenants at the time of sale.
Jacksonville Warehouse Changes Hands for $49M
Wells Fargo originated just shy of $30 million in acquisition financing for Graham & Co.’s purchase of the 877,196-square-foot industrial asset.
Silverman Group Pays $183M for Multi-State Portfolio
Rubenstein Properties sold 27 industrial assets totaling more than 5 million square feet across New Jersey, Connecticut, Massachusetts, Iowa, Indiana and Alabama.
CBRE Facilitates $35M Miami-Area Industrial Sale
Senior Vice Presidents Larry Dinner, Tom O’Loughlin and Larry Genet worked on behalf of the seller, a partnership between Core5 Industrial Partners and Helms Development.
North Orange Industrial Park Changes Ownership
Alere Property Group expanded its Orange County footprint with the acquisition of a fully leased, three-building facility constructed in 1973.
Alabama Crossing in Fort Payne Changes Hands
Bob Havasi and Dan Cooper of Cooper Commercial Investment Group facilitated the sale on behalf of the seller. The property traded for $4.3 million.
STC Management Buys Anaheim Mixed-Use Property for $80M
CBRE arranged the sale of Anaheim GardenWalk, a 430,000-square-foot, open-air retail destination that is located within walking distance of Disneyland Resort.
Starwood Capital, LeFrak Sell Miami Hotel for $610M
A new owner is on board at 1 Hotel South Beach, a landmark 429-key luxury property which underwent a multimillion-dollar transformation in 2015.
CRE Market Conditions: It’s a Flat World
Little near-term change is expected for commercial real estate markets globally, in either investor sentiment or tenant demand, according to the latest RICS survey.