News
Hines Nabs Industrial Space in Tight SoCal Market
The firm intends to implement a robust improvement plan, looking to position the site as a facility for last-mile distribution or traditional manufacturing and warehouse tenants.
Vertex King of Prussia HQ Trades for $47M
The Class A property is located within the 200-acre Renaissance Park corporate campus. HFF represented both parties in the transaction.
Friedman Negotiates Lease for Meritus Property
The 20,045-square-foot space is part of Tri-Atria Office Building, a two-story property located in Farmington Hills, Mich., and managed by Sterling Group.
Transwestern Facilitates 130 KSF Industrial Sale
Rytec Corp. purchased the high-tech manufacturing facility located in Hartford, Wisc., to accommodate the expansion of Rotec Corp., an affiliate company.
Hillwood Expands Indy Footprint
The company purchased a portfolio of three industrial properties, totaling more than 1 million square feet of warehouse space, from Northwestern Mutual and Panattoni.
Boston University-Proximate Retail Asset Trades
J. & M. Realty Inc. has sold 957 Commonwealth Ave., a 15,800-square-foot retail property in Brighton, with the aim of serving Boston University’s students, faculty and staff.
US Storage Centers Completes Miami Self-Storage Facility
The company developed the facility in partnership with The Feldman Cos. The asset, located in North Miami, comprises 1,120 climate-controlled units.
Compass Self Storage Continues GA Expansion
The Amsdell Group affiliate has purchased a 72,000-square-foot facility in McDonough, Ga. The asset marks the 12th Atlanta-area Compass Self Storage facility.
Richland Expands Houston Footprint
Spread across a 3.9-acre site, the new acquisition marks the company’s 15th property in the area, while the firm’s portfolio includes approximately 1.9 million square feet of properties in the Bayou City.
Meridian Buys 3-Asset MOB Portfolio in LA
The project also includes the repurposing of an existing, two-story 8,280-square-foot building into a new single-story 9,200-square-foot Type V-A ambulatory, outpatient clinic.