Investment
Newmark Knight Frank to Acquire Jackson Cooksey
The deal will boost the firm’s corporate tenant advisory business, while adding 70 employees in Dallas, Houston, Austin and Denver.
Brixton Capital Acquires CA Property, Plans Redevelopment
The company paid $4.2 million for the former El Cajon police station, which provides more than 4 acres of development land.
Inland Real Estate Arranges Phoenix MOB Sale
Recently built, the 29,350-square-foot property features 30 exam rooms. At the time of the deal, Banner Health occupied the entire building.
CBRE Brokers Sale of Boston-Area Office Property
Located in East Providence, the 50,664-square-foot asset will soon undergo renovations. Following upgrades, the new owner intends to occupy the 37,500 square feet currently available at the property.
Manhattan Mixed-Use Fetches $14M
The property comprises 16 units and includes ground floor retail space, which is fully leased to Katagiri, the oldest Japanese grocery store in the U.S.
Monmouth Snags $34M AL Industrial Facility
The 31.3-acre property in Theodore comprises 362,942 square feet and is net-leased for 11 years to Amazon Fulfillment Service Inc.
PCCP, Lincoln Property Buy Silicon Valley Mixed-Use Campus
The companies have teamed up to acquire Valley Technology Centre, a 464,600-square-foot Class A office and R&D center in San Jose, Calif.
BHN Associates Grabs Another NJ Office Park
The company paid nearly $11 million for The Office Court of Ramsey, shortly after purchasing one of the largest business parks in the region.
Hellmann Trades Miami-Area HQ for $43M
The full-service logistics company, based in Germany, entered into a long-term leaseback agreement with the new owner, Industrial Logistics Properties Trust.
Achieving Net Lease Equilibrium
The Boulder Group President Randy Blankstein forecasts cap rate performance among net-leased retail, office and industrial assets, citing the potential effect on pricing as a trend to watch.