Investment
Kidder Mathews Brokers 429 KSF Industrial Facility
Prologis Inc acquired the 29.2-acre site from Downey Industrial Center LLC. Kidder Mathews will continue to be the manager of the property.
NewMark Merill Buys Placentia Town Center in CA
CBRE supported the buyer and Newmark Knight Frank represented the seller in the deal. NewMark Merill owns a portfolio of more than 78 shopping centers in Colorado, Illinois and California.
CA Investor Enters San Antonio Industrial Market
St. Clair Commercial Real Estate purchased its first San Antonio industrial asset, a 171,145-square-foot manufacturing property with significant value-add opportunities.
NAR, JLL Keen on 2018
Sharing their thoughts at the 2017 Realtors Conference & Expo, economists from the National Association of Realtors and JLL expressed confidence in the 2018 commercial real estate market.
SC to Gain $1.5B Solar Investment
Cypress Creek Renewables will train as many as 7,000 people in a plan that would boost the number of workers in South Carolina’s solar energy industry to more than 10,000 over the next decade.
Texas Bullion Depository Heading to Leander, TX
Th city of Leander will be the future home of the Texas Bullion Depository. Construction is anticipated to begin in early 2018, with completion slated for late 2018 or early 2019.
Bamboo Equity Snags 52 KSF MOB
Once closing is completed, Bamboo will immediately start renovations on the 52,000-square-foot property to improve common areas used by patients and healthcare providers.
Binswanger Brokers Sale of 136 KSF Industrial Facility in NC
Eastman distributor EZ-Flo International Inc. purchased the single-story property in Kinston from H&H Warehouse Corp. The company plans to use the space for distribution and warehousing.
65KSF IA Self-Storage Facility Changes Hands
StorageMart purchased the facility located in Waukee, Iowa for $2.8 million. Bellomy & Co. represented the seller and procured the buyer in the deal.
CareTrust Expands Health Care Portfolio
While providing mortgage financing for a SoCal property, CareTrust purchased other three skilled nursing facilities. Providence Group will be managing the assets.