Investment
Optibase Makes $12.9M Investment in Chicago
Optibase Chicago invested $12.9 million in 300 River Holdings, the owner of the rights to a 23-story Class A office building at 300 S. Riverside Plaza.
Strategic Storage Growth Buys $26.7M Assets
Strategic Storage Growth Trust has expanded its portfolio with the acquisition of three self-storage facilities in Texas and Colorado.
Pittsburgh Gambling Venue Sells for $440M
Gaming and Leisure Properties has agreed to acquire The Meadows Racetrack and Casino in Washington, Pa., from Cannery Casino Resorts.
Marcus & Millichap Seals Minnetonka Retail Deal
A retail center in suburban Minneapolis has recently changed hands with the help of Marcus & Millichap.
HFF Leads $115M Sale of Suburban Charlotte Office Park
HFF has secured the sale of the 11-building Water Ridge Office Park in Charlotte, N.C., for $115 million.
Self-Storage Facility in Temple Hills Changes Hands
Marcus & Millichap has facilitated the $4.25 million sale of Budget Self-Storage, a 64,440-net-rentable-square-foot facility in Temple Hills, Md.
Out-of-State Investors Grab Office Complex
DRA Advisors joined forces with CCRP to acquire the Wells Fargo Plaza office complex in suburban Minneapolis.
Stan Sanchez Joins Colliers International in Phoenix
Colliers International appoints Stan Sanchez as senior vice president of retail and investment services in Phoenix.
Davidson Kempner, AREP Buy Verizon’s Ashburn Campus
CBRE has arranged the $212.5 million sale/leaseback of Verizon’s 128.5-acre office campus, former home of MCI, in Ashburn, Va.
Harbert, Smith/Hallemann Take 5 in Mason
HMC closes on a five-building portfolio in suburban Cincinnati/Mason from Duke Realty.