Regions
Transactions: December 2020
A selection of noteworthy deals announced between October 1 to 23, 2020.
Birch Group Makes $62M Long Island Office Buy
Cushman & Wakefield brokered the disposition of the nearly 350,000-square-foot property in Lake Success, N.Y.
Douglas Development Nails Down Big Lease at DC Office Building
Data intelligence company Morning Consult signed for nearly 50,000 square feet at 1025 F St. NW, which began its life more than a century ago.
InSite Property Group Debuts Los Angeles Storage Facility
The company financed the 71,000-square-foot development with an $11.1 million loan originated by Valley National Bank.
Life Science Asset Attracts $225M From Middle Eastern Investor
Sidra Capital acquired a 90 percent stake in a five-building campus in suburban Philadelphia.
Lincoln Property Sells Phoenix-Area Office Asset for $188M
The sale of DoorDash’s regional home marks the largest deal of its kind in the state this year.
DRA Advisors Trades 1.9 MSF Industrial Portfolio
An institutional investor purchased the four facilities near Atlanta, Indianapolis, Oklahoma City and St. Louis.
Hines Expands Footprint in Germany
Alongside its joint venture partner, the company acquired a 420,000-square-foot office building in Düsseldorf.
Money360’s New President on Why Bridge Lending Thrives
Veteran executive Tom MacManus on the essentials of bridge financing and why the capital solution works well in times of uncertainty.
CoreSite Grows Los Angeles Data Center Footprint
The company completed the first phase of LA3, a 160,000-square-foot facility that will provide 18 MW of power.