Investment
Why Sellers Should Run Due Diligence, Too
While still relatively rare, the practice can reduce the property’s time on the market, lower the risk of re-trades and improve the return.
Turbulence Creates Opportunities for Astute Investors, Developers
Case Real Estate Capital Founder & Managing Principal Sanford Herrick details how these market participants are overcoming capital constraints to achieve outsize returns.
Goldman Sachs Sells CA Mall for $22M
A global insurance company has purchased the 330,000-square-foot regional shopping mall in Santa Maria, Calif., built in 1976 and spread across 6 acres.
DC Office Building Commands $157M
The Mount Vernon Triangle property was completed in 1973 and, following complete renovations in 2010, achieved LEED Platinum certification.
Bridge Investment Acquires $113M Chicago Tower
Downtown’s One North LaSalle is a 47-story office property consisting of 493,738 square feet. Over the past 10 years, the building has undergone more than $35 million in capital improvements.
RAF Pacifica Sells San Diego Industrial Portfolio for $170M
Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.
TREIS Closes $43M FL Portfolio Sale
The properties included the Waterway Shoppes retail center, as well as the Heron Bay III and Heron Bay IV office buildings, all located in Coral Springs.
ULI Forecasts Strong Outlook for CRE Through 2020
Average vacancy rates and rental rate growth, despite a few minute fluctuations here and there, will remain positive for all major sectors.
Amazon-Leased Distribution Center Commands $98M
The Koll Co. and Seera Investment Bank B.S.C. sold the 1 million-square-foot distribution center in Phoenix, two years after acquiring the property for $74.8 million.
Lionheart Capital Subsidiary Lands 734 KSF Ohio Retail Asset
Sears, Avita Health Systems, Macy’s, JCPenney, Victoria’s Secret and Chuck E. Cheese are among the tenants of the property. The buyer retained Madison Marquette to spearhead leasing efforts going forward.