News
JLL Lands Financing, Leasing Deal for 1.4 MSF Dallas-Area Industrial Park
The firm arranged a construction loan and equity partnership for Gruene Real Estate Partners and Weber & Co.’s development of Intermodal Commerce Park.
SHVO JV Completes $376M Purchase of Chicago’s Big Red
The sellers, The John Buck Co. and Morgan Stanley, paid $108 million for the iconic, 1.2 million-square-foot office tower in 2016.
Sealy & Co. Acquires New Orleans-Area Industrial Asset
Medline Industries, a major medical supplies manufacturer and distributor, is the current tenant.
Top 5 Cities for RevPAR Drop in Home-Sharing
Airbnb and Vrbo renters have been heavily impacted by the COVID-19 crisis. Here’s a breakdown of the cities with the highest decline in revenue, based on AirDNA data.
Exeter Property Group Acquires San Antonio Distribution Center
JLL represented the seller in its disposition of the 327,000-square-foot facility.
Columbia Pacific Advisors Arranges Refi for Louisiana Manufactured Homes
The $15.5 million loan will refinance the existing mortgage at Gulf Stream Manor in Lake Charles.
Trammell Crow JV Debuts Atlanta Office Property
The project in suburban Dunwoody broke ground in the summer of 2018 and construction topped out a year later.
VEREIT, Ocean West Acquire Dallas Industrial Property for $247M
The firms purchased the 2.3 million-square-foot asset from NorthPoint Development, which remains as a joint-venture partner.
Former Ramada Hotel Trades for $15M in Miami
LV Lending facilitated an $11.5 million acquisition loan for the buyer, The Estate Cos.
High Street Logistics Pays $23M for New Jersey Warehouse
The 432,000-square-foot industrial building is located in Vineland, halfway between Philadelphia and Atlantic City.