Investment
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.
Monmouth Lands SC FedEx Building for $22M
Situated on more than 16 acres in North Charleston, the 121,683-square-foot building is a new facility, leased to Federal Express Corp. for 15 years.
Universal Orlando Lands 101-Acre Site
In a sale brokered by CBRE, Highlands REIT sold the site, the last and largest available industrial site in the Orlando tourism corridor, for more than $27 million.
Plano, Texas Marriott Legacy Commands $104M
Ashford Hospitality Prime dispensed the 404-key hotel, completing a reverse 1031 exchange that the company initiated to acquire the Hotel Yountville in California earlier this year.
Colliers Closes $9M Office Sale in Boca Raton
Kevin McCarthy and Bastian Laggerbauer represented LNR Partners in the transaction. The special servicer retained Colliers to lease and manage the building following a foreclosure procedure earlier this year.
Chicago Office Park Changes Hands for $75M
HFF represented Principal Real Estate Investors in the sale of the five-building property in Lincolnshire, Ill., while Bradford Allen Investment Advisors handled the deal on behalf of the buyer.
Terreno Pays $8M for Miami Distribution Facility
The property, which is fully leased to one tenant on a short-term basis, is scheduled to undergo a series of improvements in 2018.