Investment
Phoenix Investors Expands WI Industrial Footprint
The Milwaukee-based commercial real estate company added two new assets to its portfolio as Wisconsin Bank and Trust originated the senior mortgage financing.
SGPS Buys 42KSF Medical Centers West of Atlanta
SK Commercial Realty and CBRE represented the sellers of the two facilities in Douglasville, Ga., in the $7.5 million transaction.
NJ Industrial Asset Attracts Long-Term Investment
The 158,000-square-foot property is located in the northern part of the state, an increasingly appealing area to buyers searching for stable, income-generating properties in lower-barrier markets.
PAC Grabs Raleigh-Area Shopping Center
The purchase of the 122,800-square-foot, grocery-anchored property through the company’s wholly owned subsidiary, New Market Properties, marks another step in a Sunbelt-area expansion strategy.
TREIS Closes Sale of Tampa Retail Assets
Tiktin Real Estate Investment Services President Adam Tiktin represented the seller in the transaction, while U.S. Bank originated the acquisition financing to facilitate the deal.
WeWork Scores $4.4B Investment
SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.
Rare MD Industrial Asset Up for Sale
The seven-building portfolio is situated in Hanover, seven miles from BWI Marshall Airport, offering approximately 500,000 square feet of space in a heavily supply-constrained market.
Most Sectors Near Peak, But Crash Unlikely: RCLCO
A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.
Historic Nashville Building to Debut as Hyatt Hotel
HRI Properties will transform a vintage property into Holston House, a 191-key hotel. The art deco building is on the National Registry of Historic Places and used be the location of the James Robertson Apartments.
Davis Cos. Buys 137 KSF MA Office Asset
KBS Realty Advisors sold the 137,000-square-foot property, which is located at 625 Mount Auburn St. in Cambridge, two miles west of Harvard Square and less than one mile from Mt. Auburn Hospital.