News
Barnett Capital Sells 2 MSF Industrial Portfolio
Located predominantly in the Midwest, the properties netted Barnett Capital $84 million, a tidy sum for snapping up assets in the Chicago area, the company’s target market.
Luxe Retail Project in DFW Metroplex Opens Phase II
The company partnered with Cassco Development to build the retail and office project, which is situated within the 270-acre Clearfork master-planned community.
Brookfield Multiplex to Build Melbourne Biomedical Facility
The company is developing the project for Monash University at its Clayton campus in Victoria. Plans call for 123,000 square feet of learning space across four levels.
TerraCap Adds New Director of Asset Management
Matt Stewart brings 23 years of experience in the commercial real estate industry to his new role overseeing the company’s portfolio of office and multifamily assets in Georgia.
LPC To Market Former Headquarters in Atlanta
The four-story asset was originally built for Hewlett Packard and later served as corporate headquarters for Randstad, an employment and recruitment giant.
Creative Office Sells for $31M in Santa Monica, CA
The Class A+ property traded for one of the highest prices per square foot ever recorded outside of New York City. The deal reflects the increasingly competitive commercial market in Santa Monica, Calif.
Boulder Group Completes IL Retail Deal
The buyer, an East Coast-based private investment group, paid $7.2 million for the net-leased Walgreens property. The transaction was a 1031 exchange.
NKF Brokers Sale of South LA Office Building
Miramar Property Group acquired a 75,711-square-foot property in Torrance, Calif., from Continental Development Corp. The asset is fully leased to Unify Financial Credit Union.
Stream Expands Property Management Portfolio
Stream Realty Partners’ Mike Adams and Blaine Annett will lead leasing efforts at 199 South Los Robles in Pasadena, Calif. Jennifer Costa and Tania Chavez will be in charge of managing the property on behalf of the owner.
New Hampton Inn by Hilton Opens in Bulverde, TX
The new 84-key facility is located at 499 Singing Oaks in Spring Branch, Texas, adjacent to the Bulverde Visitors & Event Center.