Regions
Bridge Office Sells 460 KSF Metro Atlanta Complex
The company sold Parkway Center to The Simpson Group after raising its lease level from 54 to 97 percent since acquiring the Marietta, Ga., asset in 2014.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail for November 2017 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office for November 2017 in New York City.
Economy Watch: Retailers Get a Holiday Gift
This season, sales made their best showing since 2011, thanks to online shopping, early-season promotions and a comeback by some struggling categories.
Manhattan’s New Mondrian Hotel Gets Refi
An HFF team arranged the floating-rate loan with JPMorgan Chase Bank, N.A., on behalf of Moin Development Corp., sponsor of the 190-key luxury property. Proceeds were used to refinance the construction loan.
CBRE Brokers 167 KSF Minnesota Portfolio Deal
Red Tail Acquisitions purchased three single-story assets in Eden Prairie, Minn. The buildings offer office and warehouse space.
Dalfen America Acquires Columbus Asset
Alum Creek Business Center is a two-building industrial property totaling 303,000 square feet. Following the acquisition, Dalfen’s Columbus footprint expanded to approximately 1.1 million square feet of industrial space.
PCCP, Blue Steel Team on 1.4MSF Tampa Industrial Park
The partners formed a joint venture to acquire a 154-acre site in Lakeland, Fla., where they plan a phased buildout for their spec project, dubbed Key Logistics Center.
Carter Validus Sells $750M Data Center Portfolio
The portfolio comprises more than 2 million square feet of net leasable space. The data centers have an average occupancy of 97 percent, with Fortune Global 500 and NYSE/Nasdaq-listed tenants.
International Wheel and Tire Buys MI Asset
The 53,486-square-foot property is located in Farmington Hills, Mich., and features a 21,000-square-foot office component. Friedman Integrated Real Estate Solutions brokered the deal.