Investment
EPP Invests $818M in Polish Shopping Center Portfolio
The M1 portfolio encompasses 12 retail assets totaling 4.8 million square feet across 620 stores. The properties are all single level, fully-leased and grocery-anchored.
Griffin Capital Acquires $130M SC Office Campus
The company purchased LPL Financial Carolinas Corporate Campus, located in Fort Mill. This property is one of LPL’s major national offices and the largest by headcount and square footage.
Single-Tenant Medical Sector Stays Hot
The single-tenant net lease medical sector continues to attract investors due to its attractive long-term outlook, notes The Boulder Group President Randy Blankstein.
Brookfield Pays $875M for Houston Center
With the assistance of HFF, J.P. Morgan Asset Management sold the 4.2 million-square-foot office and retail complex in downtown Houston, in one of the cities largest-ever office transactions.
Portland Office Tower Commands $68M
NKF Capital Markets represented Felton Properties in the sale of 400 Sixth Avenue. A joint venture between SteelWave and Barings Real Estate Advisers purchased the 208,477-square-foot asset.
Drivers of Investment Success for 2018
The commercial real estate industry has had an evolving year. From sustainability and increases in interest rates to the effects of a changing administration, the market has experienced a mix of positive and negative moments.
DAUM Brokers Sale of 41 KSF Industrial Facility in OC
The Huntington Beach, Calif., facility was purchased by a family-owned electronic vaping business. DAUM Commercial represented the buyer and JLL worked on behalf of the seller.
AISD to Finalize Sale of Austin Assets, Relocate HQ
The sale of the properties will provide affordable housing opportunities, while the headquarters’ relocation aims to solve the traffic congestion issue present at the current main office.
Innovative Industrial to Purchase 350 KSF Medical-Use Cannabis Facility
The firm will also enter into a long-term, triple-net lease agreement with The Pharm, which is planning certain tenant improvements.
Jernigan Capital Co-Invests with NH-Based Developer
The company has co-invested with 603 Storage in a 719-unit self-storage development in Salem, N.H. The project is expected to be completed in 2018.