News
Memphis Hooters Sells for Record Cap Rate
Stan Johnson Co. brokered the $4 million sale of the restaurant in Memphis, Tenn., to a private investor based in California.
Hines Signs Chipotle to 152 KSF in Denver
With the 15-year deal in place, the upcoming 671,000-square-foot office development at 1144 15th St. in downtown’s LoDo neighborhood is now more than 65 percent pre-leased.
Carter Validus Sells Data Center for $315M
An affiliate of Digital Realty Trust LP is the new owner of a 250,000-square-foot data center situated in the Chicago suburb of Northlake, Ill.
Crestone Partners Buys Denver Office Tower
HFF arranged $70.7 million in financing for the acquisition of Granite Place at Village Center in Greenwood Village, Colo. The company secured the loan through Principal Real Estate Investors.
CenterPoint Expands Miami Portfolio
The 130,000-square-foot industrial facility features 24-foot clear heights, a secure truck court, 125 parking spots, 13 dock high doors and ESFR sprinklers.
Engineering Work Concludes at Jefferson City’s The LINC
The 80,000-square-foot recreation and wellness center includes office space and meeting rooms, shared between Lincoln University and City of Jefferson’s Parks, Recreation and Forestry department.
Kennedy Wilson Buys $60M Portland Mixed-Use Community
The two four-story buildings offer a mix of studio, one- and two- bedroom units with an average rental rate of $1,851. The community also includes more than 6,000 square feet of retail space.
Exeter Property Acquires 2 Industrial Assets Near Columbus
Both buildings are located within the Rickenbacker Global Logistics Park and offer long-term leases. The previous owner was a partnership of several institutional investors advised by J.P. Morgan.
$1B Mixed-Use Detroit Redevelopment Breaks Ground
On the site of a former department store, the 1.1 million-square-foot development will feature Detroit’s tallest building, standing at 800 feet.
EquiCap Brokers Sale of IL Self-Storage Facility
The company represented the seller and the buyer, a Chicagoland-based operator, in the transaction. The Minooka, Ill., facility, All American Self Storage, fetched $2.3 million.