Investment
SSGT II Pays $16M for Sacramento Asset
The 1,029-unit self storage facility was completed in 2018 and is located approximately 13 miles from the city’s downtown.
National Storage Affiliates Buys GA Facility
The company has expanded its portfolio with a 110,400-net-rentable-square-foot facility located in Augusta, Ga., roughly 5 miles from the city’s downtown.
Inland Empire Industrial Asset Sells for $16M
Compass Danbe Real Estate Partners sold the 120,575-square-foot facility located in Rialto, Calif. The asset is occupied by the buyer’s affiliate, Magnolia Food.
Tricera Capital Buys FL Mixed-Use Property
HFF arranged a $20.3 million loan through Vaster Capital for the off-market acquisition and repositioning of Palm Beach Post, a 360,000-square-foot asset in Palm Beach.
South FL Amazon-Leased Warehouse Changes Hands
Dalfen Industrial is the new owner of the industrial asset in the North Central Miami-Dade submarket. The roughly 200,000-square-foot facility traded for $24 million.
Taurus Sells Boston Burbs Office Building for $51M
A joint venture partnership is the new owner of One Newton Place, a four-story, 172,813-square-foot Class A property in Newton, Mass.
Colony Industrial Buys $1B Portfolio
The company acquired the seven-state collection of high-quality facilities from Dermody Properties, enhancing its footprint by 11.9 million square feet.
Berkadia Acquires CPCP, Launches Structured Capital Group
Central Park Capital Partners, led by Noam Franklin, has diverse domestic and international finance relationships and is part of Berkadia’s strategy of becoming a one-stop shop.
Northern Nashville Office Changes Hands
The Dilweg Cos. traded the nearly 166,000-square-foot Class B asset for more than $26 million, with Pinnacle Bank providing the buyer with acquisition financing.
Apple Hospitality Buys MN Hotel for $32M
The 160-key Hampton Inn & Suites by Hilton opened in 2016 on the site of the former Seven Corners, a city landmark since 1933.