News

(left to right) Frank Rogers, JosephSimon, Michael Carter

SRS Expands New Detroit Office Team

First Vice Presidents Michael Carter and Frank Rogers and Associate Joseph Simon will be part of the company’s National Net Lease Group.

SSGT II Pays $16M for Sacramento Asset

The 1,029-unit self storage facility was completed in 2018 and is located approximately 13 miles from the city’s downtown.

National Storage Affiliates Buys GA Facility

The company has expanded its portfolio with a 110,400-net-rentable-square-foot facility located in Augusta, Ga., roughly 5 miles from the city’s downtown.

Austin-Area Storage Facility Changes Hands

Bellomy & Co. facilitated the sale of Move It Self Storage, a 451-unit facility located in Liberty Hill, Texas.

Retina Associates Expands Overland Park Office

The company will lease an additional 8,580 square feet on the second floor of Copaken Brooks’ 6201 College Blvd. office asset in Leawood, Kan.

Inland Empire Industrial Asset Sells for $16M

Compass Danbe Real Estate Partners sold the 120,575-square-foot facility located in Rialto, Calif. The asset is occupied by the buyer’s affiliate, Magnolia Food.

JLL Names Global CFO

Stephanie Plaines was previously CFO for Starbucks’ U.S. retail. She will report to CEO Christian Ulbrich and join the company’s global executive board.

Tricera Capital Buys FL Mixed-Use Property

HFF arranged a $20.3 million loan through Vaster Capital for the off-market acquisition and repositioning of Palm Beach Post, a 360,000-square-foot asset in Palm Beach.

South FL Amazon-Leased Warehouse Changes Hands

Dalfen Industrial is the new owner of the industrial asset in the North Central Miami-Dade submarket. The roughly 200,000-square-foot facility traded for $24 million.

One Newton Place

Taurus Sells Boston Burbs Office Building for $51M

A joint venture partnership is the new owner of One Newton Place, a four-story, 172,813-square-foot Class A property in Newton, Mass.