News
Strategic Storage Trust IV Buys Multi-State Portfolio
The REIT’s acquisition encompasses 3,500 units totaling 326,000 square feet in Florida, Virginia and North Carolina.
Welltower to Buy MOB Portfolios for $1.7B
The REIT will hold the title of the nation’s largest medical office property owner upon completion of five separate deals comprising 3.5 million square feet.
Bayer Associates Tapped to Manage 1.5M Mixed-Use Asset
Developed by Steiner + Associates, the Cincinnati-area Liberty Center features retail, office, hotel and multifamily components.
Amerlux Debuts Easy-to-Install LED Fixture
Built from extruded aluminum, the architectural-grade recessed lighting solution comes in 3000K, 3500K and 4000K light.
Swift Real Estate’s $193M Office Portfolio Acquisition
JLL Capital Markets represented the seller, PGIM Real Estate, and secured the buyer with a $161 million loan through Nuveen Real Estate.
PGIM Sells 206 KSF San Diego Trophy Building
Terraces changed hands for the first time and was fully occupied at closing.
Las Vegas Office Building Trades for $19.5M
Pacific Oak SOR II sold the Class A asset acquired four years ago by KBS Realty Advisors for $13.4 million, according to Yardi Matrix data. Pacific Oak recently took over three REITs established by KBS.
Tucson MOB Breaks Ground
Pacific Medical Buildings’ $19 million project is underway alongside the Carondelet St. Mary’s Hospital campus. The development is preleased to three health-care tenants.
Lowe Buys Class A Office Tower in Denver
The 366,000-square-foot asset, which last changed hands in 2014, is situated in the Denver Tech Center.
Rockwood Capital, Artisan Realty Expand Hollywood Presence
The two companies acquired a six-story office building in North Hollywood for $30 million or $406 per square foot.