News
NAI Hanson Completes Sale of NJ Flex Property
T&M Realty Associates purchased the 2,800-square-foot, mixed-use building in Hackensack from Voorhis Associates. The deal included 0.3 acres of land.
Union Investment Buys $149M Portland Hotel
The Germany-based firm has acquired The Porter, a 294-key hotel, located in the city’s central business district. The acquisition marks the company’s sixth property in the U.S.
Jernigan Invests $83M in Miami Self-Storage Portfolio
The portfolio includes five Generation V self-storage facilities developed by Miami City Self-Storage. CubeSmart is the manager of each property.
Cushman & Wakefield Arranges Sale of Miami-Area MOB
Situated in the heart of Deerfield Beach, Orhan Karakaya sold the facility for $8.2 million. According to Cushman & Wakefield, the asset is currently vacant.
Equinix Increases Tampa Presence
Equinix agreed to expand its original 30,164-square-foot space and occupy the seventh and eighth floors of Two Harbour Place in the city’s central business district.
243 KSF Office Asset Trades in Poland
Skanska sold Nowa Fabryczna in Łódź to real estate fund manager Niam. The building is situated next to the the recently completed Łódź Fabryczna train station.
Rosenthal Property Portfolio Sells for $16M
The 102,859-square-foot asset, located in East Los Angeles/Boyle Heights, traded to Maple DTLA LLC, a local apparel company and investor.
Office Evolution Coming to Jacksonville
The coworking franchise aims to open its new office in May and revealed plans for five future locations in the Jacksonville metro area.
JV to Transform LA Mall into Office Property
Hudson Pacific Properties and Macerich will redevelop 500,000 square feet of Westside Pavilion into creative office space, reserving 100,000 square feet for its existing entertainment retail space.
AEW Buys $53M MA Office Asset
Located at 101 Station Drive in Westwood, the 208,134-square-foot office property is currently 100 percent leased to eight tenants and recently underwent a multimillion-dollar renovation.