Investment
Pacific Industrial Acquires OC Industrial Facility
Voit Real Estate Services represented the buyer in the off-market purchase of the two-building, 157,204-square-foot property adjacent to John Wayne Airport in Costa Mesa.
AccorHotels, Algeciras to Buy Chilean Hotel Group Atton
The partnership expects to close the deal in the second half of the year, with AccorHotels retaining the option to sell its share in the transaction after five years.
DivcoWest, CalSTRS Partner on $300M Investment
The strategy of the joint venture will focus on purchasing core and core plus commercial real estate assets in growth-oriented markets throughout the U.S.
WPB Office Building Trades for $23M
The new owner completed the acquisition with the assistance of CBRE’s advisory team and revealed plans for improvements at the property.
Pacific Southwest Realty Services Closes $44M SoCal Financing Deal
The high-leverage, non-recourse loan has a floating interest rate and a flexible prepayment structure which includes a $3.2 million reserve.
Rennova Health to Buy Nashville-Area Hospital
Located at 436 W. Central Ave., the medical facility offers a 24-hour emergency department, featuring two spacious trauma bays and seven private exam rooms.
Marcus & Millichap Arranges Sale of Texas Facility
Business Property Trust has traded Oak Cliff Bargain Storage, located in Dallas. Marcus & Millichap’s Karr Self-Storage team represented the seller and secured the buyer in the transaction.
NHI Acquires $30M Nursing Portfolio in Texas
The assets include a 132-bed skilled nursing facility in Garland, and a 132-bed skilled nursing facility in Fort Worth.
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
New Design for Lower Manhattan?
Proposed modifications to the Stock Exchange District will be guided by three principles: creating an identity and sense of space, improving pedestrian experience and rationalizing essential deliveries.