News
Baceline Acquires Madison Shopping Center for $3M
MLG Capital sold the 45,000-square-foot retail building, which is 90 percent leased, primarily to long-term, community-focused tenants.
Hartz Mountain Lands 232 KSF Charlotte Warehouse
Sun Life Financial/Bentall Kennedy sold the distribution center, which is fully occupied by three tenants and is located in a desirable industrial submarket.
Sacramento Nabs Largest On-Airport Solar Facility in CA
With capital investment from NRG Energy, the project is expected to provide nearly one-third of the city’s airport with electricity, cutting energy costs by $850,000 per year.
Transwestern Secures 100 KSF Doral Lease Renewal
The team of Thomas Kresse, Ben Eisenberg and Carlos Gaviria worked on behalf of landlord RREEF in the lease negotiations, and Walter Byrd represented the tenant.
Rock Falls Wind Project Begins Commercial Operation
Kimberly-Clark Corp. has signed a power purchase agreement at the 154-megawatt wind facility in Oklahoma, which has been under construction since July 2017.
Cress Capital Buys $25M Denver Office
Union Tower is situated in a highly amenitized neighborhood. Before being sold, its previous owner, TA Realty, initiated a renovation plan, which the new owner will resume.
Capital One Secures $44M Loan for NC MOB Portfolio
The borrower is a partnership between Heitman—a global real estate investment management firm—and Montecito Medical, a privately-held real estate company.
The Dillon Grows Office Tenant Roster
The mixed-use development’s office tower is currently 40 percent pre-leased. Construction of The Dillon is expected to be complete in early 2018.
LA Office Building Sells Online for $17M
The sale of the building, located in the city’s Century City neighborhood, was handled from start to finish using Ten-X’s Offer Select tool.
HSF Closes $55M Construction Loan for New CA Hyatt
The 150-key property is scheduled to open in early 2019 and will feature a full-service spa and fitness center along with 30,000 square feet of retail.