Investment
Jernigan Capital JV Makes NC Self-Storage Investment
The 756-unit property will provide all climate-controlled storage in the rapidly growing Brier Creek community in Raleigh.
New U.S. Industrial Fund to Spend $1.5 Billion
GLP US Incomes Partners III will be seeded with a $1.1 billion portfolio from Hillwood.
Lingerfelt CommonWealth Nabs SC Office Towers
The Richmond-based company purchased One Liberty Square and Two Liberty Square, a pair of office towers in downtown Greenville.
GKN’s NC Facilities Get $179M Boost
The auto technologies manufacturer plans to add a total of 302 jobs in Alamance, Catawba, Lee, Maiden and Person counties.
Dalfen America Lands 450KSF Industrial Properties
Located in Cincinnati and the Minneapolis suburb of Rogers, the two assets were purchased for an undisclosed amount.
JV Acquires 2 Properties in SF Financial District
Kennedy Wilson and Takenaka Corp. acquired a 247,000-square-foot office tower and a 27,000-square-foot bank branch for $135 million.
New York REIT Lands $760M Financing, Prepares to Sell Assets
The proceeds will be used to repay debt, buy the remaining equity interest in Worldwide Plaza and fund the company’s dissolution.
MM Technics to Build First US Facility
The Germany-based company plans to begin construction on its first assembly plant in Newberry County, S.C., in January 2017.
U.S. Bank Plans $250M Data Center near Minneapolis
Construction set to begin in the spring of 2017, and to finalize by early 2018.
Private Lenders Step in to Fill the CMBS Gap
Banks remain active in refinancing, but tighter regulations are creating space for competitors.