Investment
Oaktree Capital Nabs Charlotte CBD Office Tower for $134M
A CBRE team represented the seller in the transaction and arranged $93.5 million in acquisition financing on behalf of the buyer/borrower.
Panattoni Sells Las Vegas-Area Industrial Asset
MBS Standoffs purchased one of the six buildings in the Henderson Freeways Crossing property, through a 1031 exchange. The 19,280-square-foot Building C traded for $2.5 million.
Grocery-Anchored Retail Center Trades in RI
HFF represented ShopCore Properties in the sale of the 60,488-square-foot retail center in Richmond, which includes a supermarket, fuel center and a fitness club.
Abrams Realty Snags $55M PA Retail Power Center
HFF marketed the property on behalf of Urban Edge Properties and arranged a $50.4 million floating-rate acquisition loan for the buyer.
Strawberry Fields Buys KY Rehabilitation and Nursing Facility
Located at 1015 Magazine St. in Louisville, Ky., the 1962-built property was renovated between 2012 and 2014. Landmark Group is currently leasing and managing the asset.
Stable Industrial Investments Spur Sale-Leaseback Deals
A Marcus & Millichap report found that the new federal tax laws that favor leasing over owning also contribute to a growing number of industrial sale-leaseback transactions.
Novaya Real Estate Ventures Buys $12M Boston-Area MOB
Located at 340 Wood Road, the asset is fully leased to more than 10 tenants, including Milton Pediatrics, MassGeneral Hospital for Children and South Shore Hospital.
Simon Property Group to Spend $4B on Experiential Upgrades
The retail and mixed-use property developer will transform some of its most notable assets with a mix of new offerings ranging from progressive restaurant concepts to premier hotels.
Greenfield Partners Sells Baltimore-Area Office/Flex Asset
The Class B facility located in Columbia, Md., traded for $5 million. The new owner occupies roughly 84 percent of the property.
Miami-Area Shopping Complex Fetches $12M
Walmart is the anchor tenant of the 2016-built Palmetto Design Plaza and has 17 years remaining on its lease with 16 five-year options.