Investment
Largest Coldwell Banker Commercial Affiliate Split Up, Sold
In separate deals, First Capital and Colliers International bought CBC Advisors and its 16 nationwide offices, which collectively have more than $4 billion in assets under management and closed more than $2 billion worth of transactions in 2017.
AIV Inc. Buys 2 Houston Industrial Buildings
Situated in the city’s Northwest industrial submarket, the properties feature 24-foot clear heights, 40 dock-high doors and more than 250 parking spaces.
Montecito Medical Buys Georgia MOB
Resurgens Center East is an almost fully occupied medical facility specializing in the areas of sports medicine, trauma care and orthopedic surgery.
Hines Appoints New Managing Director, Head of India Platform
Amit Diwan will be responsible for managing the expansion of the business by raising and deploying international and domestic capital into both commercial and residential developments.
What to Expect From CRE Valuations
BDO USA’s Bob Martinek and John Provenzano examine current commercial real estate valuations and reveal which sectors they believe still have room for growth.
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city’s downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.
CT Realty Trades $75M SoCal Industrial Portfolio
The company sold several assets in both Poway and Azusa, Calif., totaling more than 520,000 square feet, with the help of CBRE, Colliers International and Kidder Matthews.
215 KSF Plant Coming to Mooresville, NC
SunCap Property Group is tasked with developing the first manufacturing facility in the U.S for Tristone Flowtech, a German automotive supplier.
Kaufman Org. Acquires, Repositions LIC Office Asset
The firm acquired the 65,000-square-foot Cardinal Building through a 99-year ground lease, marking its second purchase in the Hunter’s Point neighborhood.
CPE’s Top 5 March Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.