News
Retail Center Fetches $34M in Southern AL
Shadow-anchored by Target, Lowe’s and Kohl’s, the 325,000-square-foot shopping center was sold by InvenTrust Properties to a local investment group.
Inland Real Estate Closes IL Retail Portfolio Deal
All retail properties are Jewel-Osco stores located in Arlington Heights, Glenview, Naperville and Stickney, Ill., totaling 248,622 square feet.
Bellomy & Co. Brokers 3 Self-Storage Transactions
The three transactions include the sale of two self-storage facilities and a self-storage development site. The assets are located in Houston, Austin and San Antonio.
Talonvest Secures $27M to Finance 3 Acquisitions
The company secured three separate bridge/acquisition loans for two Chicago facilities and a three-property portfolio in Western Michigan on behalf of Devon Self Storage.
Avison Young Arranges Premium MOB Sale in Fairfax
Located at 3023 Hamaker Court, the Merrifield-Fairfax Medical Campus is an 876-bed facility built in 2009 which features a surgery center, women’s hospital, children’s hospital and heart and vascular institute.
Plymouth Industrial REIT Expands Chicago Footprint
The acquisition of a fully leased industrial property brings the company’s holdings to 22 buildings in the greater Chicago area.
LA-Area Office Building Changes Ownership
CIM Commercial Trust is set to purchase The Union Bank of California Building in Beverly Hills, Calif. The 97,000-square-foot asset has not changed hands for more than 40 years.
CBRE Snags MD Mixed-Use Asset
The transit-oriented North Bethesda Market comprises nearly 183,000 square feet of retail and 411 apartments.
Amazon Coming to South Florida
Amazon’s new fulfillment center in Opa-Locka, Fla., is expected to boost the city’s job market, as well as benefit neighboring developments. CPF Investment Group’s Ernie Cambo spoke to CPE about the impact Amazon’s presence will have on the local real estate market.
Marriott Opens New TownePlace Suites Near Nashville
The 101-key all-suite hotel is located within 12 miles of downtown Nashville and offers amenities including complimentary Wi-Fi and event space.