Investment
Suburban Atlanta Office Park Commands $24M
ESJ Capital Partners acquired the four-building Barrett Business Center from Pope & Land Real Estate and plans to undertake a comprehensive renovation process of the property.
Call for Submissions: RICS Global Commercial Property Monitor
Was the first quarter of 2019 a good one for investment? Weigh in on commercial property occupier and investor sentiment and become part of this leading industry indicator.
Mid-America Real Estate Brokers MN Retail Deal
Principal Mark Robinson represented the former owner of Lexington Shoppes in the $3.1 million transaction. Coldwell Banker worked on behalf of the buyer.
Jones Development Grows Investments Team
Cameron Duff will serve as vice president and will be in charge of the firm’s value-add investments across the country.
Cushman & Wakefield Arranges Miami Industrial Sale
Miami 25 @ MIC, a 77,820-square-foot flex property located across the street from Miami Intermodal Center, traded for $8.6 million.
West Hollywood Retail Sells for $25M
Crosbie Gliner Schiffman Southard & Swanson arranged the deal, which was structured as a sale-leaseback. The firm represented both the buyer and the tenant in the deal.
Mori Trust Buys Silicon Valley Office for $429M
The nearly 600,000-square-foot LEED Gold campus contains three buildings fully leased by Micron Technologies. The asset last changed hands in late 2017 for more than $225 million.
JV Acquires German Office Asset
Ares Management Corp. and EDF Invest have teamed up to purchase the 629,688-square-foot IKB office building in Düsseldorf from IKP Deutsche Industriebank.
RPT Realty Sells 2 WI Shopping Centers for $69M
The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm’s value creation initiatives and reducing leverage.
Blackstone Sells Downtown Philadelphia Hotel
A new owner has emerged for the 757-key property, which will regain the Sheraton brand following a $28 million renovation as part of a new franchise agreement with Marriott International.