Investment
Westcore Properties Adds LA-Area Facility to Holdings
The fully leased industrial facility is located in Moorpark, Calif. NKF Capital Markets worked on behalf of the seller, whereas the buyer was self-represented.
Richmond Office Building Trades in Sale-Leaseback Deal
Southern States Cooperative received $14.7 million for the six-story asset. The buyer selected Cushman & Wakefield | Thalhimer to handle property management and leasing services.
Hines Trades NorCal Office Portfolio
Basin Street Properties paid nearly $45 million for three buildings in Sacramento’s Point West submarket. The assets total more than 345,000 square feet.
Hotel Equities, Virtua Partners to Grow Hospitality Footprint
Virtua will be making a series of investments totaling more than $500 million, to help the Atlanta-based firm move into new regions in the U.S. and Canada and expand in current markets.
NKF Closes Sale of MA Mixed-Use Asset
Located at 240 Elm St. in Somerville, the property is 100 percent leased to grocery store bfresh and coworking company Spaces.
SunCap Trades GA Industrial Asset for $61M
Monmouth Real Estate Investment Corp. picked up the nearly 375,000-square-foot FedEx Ground distribution center, which opened this summer northeast of Atlanta.
Jacksonville Office Complex Commands $30M
Berkadia arranged the acquisition financing on behalf of the new owner. Summit at Southpoint was 82 percent leased at the time of sale.
STAG Acquires San Antonio-Area Industrial Facility
JLL Industrial Capital Markets arranged the sale on behalf of the previous owner, Colimar Inc. Located at 802 Trinity St., the property comprises 270,084 square feet of manufacturing and logistics space.
Barings Sells OC Trophy Office Tower
Atrium, a 303,000-square-foot building in Irvine, Calif., last changed hands in 2000. NKF Capital Markets arranged the deal on behalf of the seller.
Cabot Properties Buys Chicago-Area Industrial Park
The nearly 900,000-square-foot property in Cicero, Ill., comprises one complete, fully leased building and two in-progress facilities that are slated for delivery by August 2019.