Investment
Hartman JV Acquires San Antonio-area Retail Asset
Village Pointe was 93 percent leased at the time of the transaction.
Bardin Square Acquires Office Property in Arlington
The company plans to spend $600,000 to renovate the facility.
Financing Arranged for Brooklyn Office Building
Meadow Partners used the $50.2 million loan to acquire and renovate the six-story property at 57 Willoughby St.
Hartman Adds to Texas Portfolio
The REIT purchased Three Forest Plaza, a 366,549-square-foot high-rise in the Park Central submarket of Dallas.
JLL Acquires 41KSF Warehouse in San Francisco Bay Area
The fully leased property is part of Pinole Point Distribution Center, which is located near major interstate highways, the Port of Oakland International Airport and the entire San Francisco Bay Area.
CJ Partners Acquires $14M Mixed-Use Facility in Hollywood, FL
Levy Realty Advisors represented the buyer in the purchase of 81,922-square-foot office/warehouse facility located in Port 95 Commerce Park.
NewMark Merrill Wraps Up Phase I of Crenshaw Plaza Redevelopment
In addition to completing the remodeling of part of the shopping center, the firm has secured a $34 million senior loan for the recapitalization of the project.
Grover Corlew Nabs 46-Acre Office Park in Booming Orlando
The new owner plans to improve and redevelop the 21-building property over the next decade.
JV to Deliver 367 KSF Industrial Park in Charlotte
By Laura Calugar Charlotte, N.C.—A partnership between real estate investment firms Foundry Commercial and Thackeray Partners recently announced the development of a 367,000-square-foot project in Charlotte’s Southwest submarket. The project will consist of two Class A warehouses, to be known as SteelePoint. The new industrial park will capitalize on dynamic market fundamentals, including single-digit vacancy, strong user demand and limited new supply. SteelePoint will be located near the intersection of Steele Creek Road and Westinghouse Boulevard. Foundry closed on four parcels totaling 25 acres from two different sellers, which will allow SteelePoint to offer access from both Steele Creek and…
Vivial Expands Dayton Operations
Following the expansion, the company plans to sell its SaaS Platform at the new outbound call center in order to address the growing demand for Vivial’s services.