Investment

Healthcare Real Estate Trends in 2018

Bob Smietana, CEO of HSA Commercial Real Estate, discusses what trends are in the pipeline for the healthcare industry this year.

224 Fifth Ave. and 18 E. 23rd St. in NYC

C&W Arranges Sale of 2 Mixed-Use Manhattan Assets

Acting on behalf of separate sellers, the commercial real estate services firm secured buyers for the properties, both of which are located in the Flatiron District near the popular Madison Park submarket.

590 Northport Parkway in Savannah Ga.

Savannah Industrial Building Commands $57M

Monmouth Real Estate Corp. purchased the new 831,764-square-foot building at 590 Northport Parkway, which has been net-leased to Shaw Industries for the next decade.

Hock Plaza

Hock Plaza in Durham Fetches $142M

The medical and educational office building is home to 34 different Duke University institutes and research functions, including the Center for Autism and Brain Development.

206 High St., Portsmouth, Va.

On the Market: 5 Interesting Listings for January

This month’s listings include a VA Hall of Fame & Museum, a surgery center in San Diego and a well-priced two-story office building in Houston.

Rich Uncles Buys AvAir HQ in Arizona for $27M

Lee & Associates has brokered the transaction on behalf of the buyer. The sale price equates to nearly $163 per square foot.

Lincoln Town Centre

Arizona Office Buildings Change Hands in $69M Deal

Transwestern Investment Group sold the 226,358-square-foot Lincoln Towne Centre in Scottsdale on behalf of its TSP Value and Income Fund I LP.

TSCG Closes Partial Sale of FL Retail Asset

The acquired portion of Riverside Centre in St. Augustine, currently leased to Hobby Lobby and Sherwin Williams, contains approximately 62,000 square feet.

Marcus & Millichap Facilitates Self-Storage Sale

Michael Mele and Luke Elliott, both investment specialists, brokered the sale on behalf of the seller, a limited liability company, and procured the buyer, a private investor.

South Bay Office Building Changes Hands

PCCP LLC has provided a $29.1 million senior loan for the purchase of a nearly 89,000-square-foot, eight-story office building near the LAX Airport.