Investment
HFF Arranges Financing for 500 KSF Houston MOB Complex
Acting on behalf of Norvin Healthcare Properties, the real estate services provider secured two loans for the acquisition of the Pin Oak Park medical and office campus in Bellaire, Texas.
Sacramento Office Campus Lands $45M Senior Loan
Prospect Green is a Class A, 518,156-square-foot, two- and three-story building office campus in Rancho Cordova, Calif. The loan will cover both capital improvements and leasing expenses.
PRP Grabs Pair of VA Foreclosed Office Assets
The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.
JV Sells $135M Stake in Long Island Industrial Portfolio
A Cammeby’s International-led partnership sold its 50 percent stake in a 38-building industrial portfolio located in Nassau and Suffolk counties.
US-EU Joint Venture Buys Mall in Madrid
Redevco Iberian Ventures took a majority stake in the Parque Corredor shopping center for $173 million. The retail center is the main shopping destination in Corredor del Henares, metro Madrid’s east corridor.
True North Buys South FL Office Asset for $51M
The property recently underwent a series of renovations and sits within Sawgrass International Corporate Park, South Florida’s largest office campus.
NKF Capital Markets Closes Sale of OC Retail Center
Inland Real Estate Acquisitions has purchased Rusty Leaf Plaza, a Target-anchored shopping center in Orange, Calif., for $32 million.
Long Island Office Asset Trades, Gets Revamp
A Vasco Ventures-led partnership paid $11.8 million for The Clinton Pavilion in Hempstead, N.Y., a 150,000-square-foot asset that is now undergoing renovations.
BKM Capital Completes Two Industrial Buys for $175M
Following a “largest in market” acquisition strategy, the company purchased more than 1 million square feet of multi-tenant space in Las Vegas and the San Francisco Bay Area.
Kilroy Pays $111M for San Francisco Life Sciences Asset
The property is 80 percent leased and sits next to more than 3 million square feet of life sciences buildings and projects.