Regions
Sale at Tufts in Boston Nets $112M for Daymark
Two medical-office buildings located on the Tufts University campus near Downtown Boston have just moved off the books of Daymark Realty Advisors and into the hands of ProMed Properties for a purchase price of $112 million.
Sabal Financial Purchases $212M Loan Portfolio
Sabal Financial Group L.P. has snapped up a $212 million portfolio of performing and non-performing loans from a leading bank based in the Midwest. The portfolio includes real estate located primarily in Florida, Illinois and Wisconsin.
MIG Real Estate Shells Out $56M for 376 KSF San Diego Office Portfolio
MIG Real Estate, keen on opportunities in San Diego’s Class B office market, has just acquired a five-building portfolio for $56 million.
East West Partners, Starwood Capital JV to Revitalize Downtown Denver
There’s a renaissance underway in downtown Denver and East West Partners and Starwood Capital Group are doing their part with the establishment of a joint venture that will focus on advancing the area’s revitalization.
Wyndham to Build New HQ in 250 KSF Office Tower
In a project that will be handled by Mack-Cali Realty Corp., Wyndham Worldwide announced that it will develop a 203,000-square-foot Class A office to consolidate its Parsippany, N.J.-based workforce on a single campus.
Avison Young Recaps 540 KSF in Boston
Taking advantage of its ability to lock in good financing, Avison Young recapitalized three commercial properties totaling 540,000 square feet in Boston and its suburbs.
Schnitzer Sells 900 KSF in Two Trophy Seattle Office Buildings for $480M
Schnitzer West has walked away with $480 million on the disposition of two recently developed Seattle office buildings, totaling 900,400 square feet, courtesy of JP Morgan Asset Management.
U-Store-It Trust Sells 1 MSF Midwestern Storage Portfolio for $43.5M
Moving forward with its goal of restructuring its portfolio to focus on high-barrier-to-entry markets, U-Store-It Trust has sold a 976,000-square-foot portfolio in Indiana and Ohio for $43.5 million.
Long Beach Apartments Install Fuel Cells, Solar Panels
The nonprofit firm LINC Housing installed two fuel cells at the Long Beach-based Palace Hotel, in addition to solar panels, to help the building’s energy footprint.
CBRE Orchestrates $380M Financing Deal for NYC’s Chelsea Market
The popular NYC destination Chelsea Market underwent a $380M financing deal orchestrated by CBRE for Jamestown Properties.