Investment
MD Office Campus Up for Sale
The two-building office portfolio is situated in Rockville, Md., in the vicinity of an upcoming live/work/play community, and encompasses a total of 123,824 square feet of space.
LPC Closes Sale of Suburban Atlanta Office Building
Jeff Henson and George Gwaltney of Lincoln’s Office Leasing Group assisted the seller in the disposition of the upgraded asset.
Seacoast MA HQ Gets Million-Dollar Makeover
The investment firm renovated its 1988-built corporate headquarters, replacing and upgrading both its electrical and data systems, and adding new seating, conference room furniture and workstations.
Anchor Health Acquires $23M MOB
The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.
Kaufman Expands Midtown Manhattan Portfolio
The firm acquired an 80,000-square-foot office building through a 99-year ground lease, with plans to complete a multimillion-dollar renovation.
JV Secures $73M for NYC Redevelopment
APF Properties and Drake Street Partners tapped CBRE to arrange acquisition and redevelopment financing for 163 Varick St. in Manhattan.
Brennan, Arch Street Grab $100M Industrial Portfolio
In their sixth joint venture, the partners purchased a group of assets totaling 2.5 million square feet spanning eight states. Locations include Chicago, Milwaukee, Minneapolis and more.
BGC Acquires Berkeley Point, Minority Stake in New CRE Biz
The company and its affiliate Cantor Fitzgerald paid $875 million to purchase the capital solutions provider, and invested an additional $100 million in finance and investment business CF Real Estate Finance Holdings LP.
Ackerman & Co. Acquires Atlanta Business Park
CBRE represented Onward Investors in selling its four-building industrial campus for $12.7 million. The 12-acre Lavista Business Park is currently 87 percent leased.
Cambridge Class A Building Changes Hands for $75M
Lincoln Property Co. and Chile-based Stars Investments acquired 625 Massachusetts Ave., a 122,104-square-foot office and retail property in the supply-constrained Central Square district.