Investment
Foster Financial Buys Detroit-Area Office Asset
The seller, Interwest Capital, owned the two buildings located in the Southfield submarket since 2007 and sold them for $5 million.
City+Ventures Enters KC Market with $88M Portfolio Buy
The properties encompass 784,557 square feet in the suburban area of Southlake. JLL handled both the sale and the financing.
PNL Cos. Sells Suburban PA Office Building
The company received $15.5 million for Malvern Executive Center, a Class A property in Malvern, Penn., purchased five years ago through foreclosure.
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.