Investment
NKF Brokers Sale of 162 KSF Office in Las Vegas
Renovated between 2010 and 2015, the 12-story high rise is leased by various tenants, including Take Two Interactive Software and Zappos.
Greysteel Brokers Sale of Boutique Office Building in DC
An entity associated with Potomac Development Group purchased the asset, which is located in D.C.’s Mount Vernon Triangle neighborhood, for $2.1 million.
Parallel Capital Acquires Full Interest in AZ Office Tower
Two Arizona Center, a 20-story building located on one of the 16 acres comprising the mixed-use Arizona Center, offers 512,852 square feet and is fully leased to Arizona Public Service Co.
San Diego MOB Lands $14M Loan
The four-story medical facility spreads across two acres and is situated approximately 10 miles from downtown.
JLL Co-Head Provides 2018 Capital Markets Update
Tom Melody, the firm’s real estate investment banking practice leader, highlights trends most likely to impact the industry in the coming months.
Health-Care Industry Trends: The Consumerization of Services
NKF Global Healthcare Services’ Garth Hogan discusses the major health-care industry trends today and how investors in the business can drive value.
An $850M Gamble on a Famed Yonkers Casino
The Yonkers Racing Corp. has agreed to sell the property and the operations associated with the Empire City race track and casino to MGM Resorts International and MGM Growth Properties LLC.
Atlanta-Area Retail Property Trades for $2M
Kehr Hunter Properties disposed of Delk Powers Ferry Place in Marietta, Ga. The 88 percent leased asset includes tenants such as Domino’s Pizza, American Deli and China Doll.
Lamar Acquires 550 KSF Phoenix-Area Shopping Center
In partnership with Real Capital Solutions, the company purchased a segment of Promenade at Casa Grande, a 1 million-square-foot retail property in Casa Grande, Ariz.
Rexford Industrial Buys $18M SoCal Industrial Facilities
The company purchased two assets totaling 93,898 square feet, located in Simi Valley and Tustin, Calif. The properties traded in off-market transactions.