Investment
Fort Lauderdale-Area Office Asset Trades for $9M
Cushman & Wakefield worked on behalf of the seller in the disposition of the campus. The deal included a $7 million acquisition loan.
Rexford Acquires, Sells Industrial Properties in CA
The company bought Safari Business Center in Ontario for $141.2 million and sold a two-building property at 2535 Midway Drive in San Diego.
Diamond Dealers Club Relocates to International Gem Tower
In a deal brokered by Extell Development, the diamond trade giant acquired a commercial condo on the tower’s 11th floor.
First Industrial Sells Two SLC Industrial Buildings
Newmark Grubb ACRES has arranged the sale of the two properties in Decker Lake Industrial Park in West Valley City, Utah, totaling 98,000 square feet. The company represented both the seller and the buyer.
Monday Properties Closes $888M NoVa Refi
The financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
Access Industries Nabs Stake in Historic Sunset Boulevard Hotel
JK Hotel Group and Access Industries plan to refurbish the luxury 81-key property’s guest suites and its indoor-outdoor bar and dining area.
Capri EGM Nabs Comcast Denver HQ
Inova I marks the firm’s second major build-to-suit acquisition this year. From an investment perspective, demand for these assets has been strong over the last several years and continues to rise.
Top Execs at RECon Weigh In on Retail’s Prospects
Leaders from JLL, Inland Group and Avison Young offered insights into the challenges, opportunities and misconceptions that mark retail real estate.
Walmart to Invest $450M in Florida
The company’s expansion includes nine new stores, the opening of a 150-acre eCommerce distribution campus in Davenport and the construction of a distribution center in Cocoa.
A&S Building Systems Relocates to David Jones Industrial Park
The NCI Buildings Group division moved from Caryville, Tenn., to an Andersonville, Tenn., industrial park located 16 miles away. The Hollingsworth Cos. developed A&S Building Systems’ new facility.