Investment
Orange County Industrial Portfolio Sells for $23M
Cushman & Wakefield has brokered the sale of a two-property portfolio located in Fullerton, Calif. The facilities are within the 47-acre master-planned Northpoint Commerce Industrial Park.
Silverman Group Snags FL Industrial Property
Cushman & Wakefield’s Capital Markets team represented the seller, Denholtz Associates, in the disposition of Flamingo Commerce Center, a West Palm Beach-area industrial asset.
Savanna Inks 23 KSF Manhattan Lease
The company signed workspace provider Knotel to a seven-year lease at 31 W. 27th St. in the NoMad District, which is currently undergoing a massive capital improvements plan.
Blackstone Sells Iconic London Office for $335M
The 286,600-square-foot Cannon Bridge House property, consisting of two linked buildings atop a rail station, has changed owners after a successful renovation and repositioning.
JV Makes Oceanfront Resort Purchase in Mexico
Trinity Investments LLC, Walton Street Capital LLC and Oaktree Capital Management LP teamed up to acquire the 375-key Hilton Los Cabos Beach & Golf Resort.
Supervalu Announces Strategic Shift
The company has completed the sale and leaseback of seven of its distribution centers as part of a plan to transition away from the responsibilities of running traditional retail grocery stores.
Suburban Seattle Industrial Park Commands $13M
Colliers brokered the sale of the two-building Olympic Industrial Park in SeaTac, Wash., that changed hands in a 1031 exchange transaction.
MCR Acquires Cincinnati Hilton Garden Inn
The firm will also manage the 88-key Hilton Garden Inn Cincinnati Northeast, which features a fully equipped fitness center, a 24-hour business center and an indoor pool.
Simone Development Snags CT Warehouse/Office Asset
The 118,500-square-foot property at 316 Courtland Ave. currently has 65,638 square feet of warehouse and R&D, as well as 12,768 square feet of office space available for lease.
WEDGE Snags Houston-Area Office Building
An HFF advisory and debt placement team represented the seller and arranged a long-term, fixed-rate acquisition financing on behalf of the borrower.