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DAILY READS: Feb. 5, 2020
Boston has room for growth. Rent control’s back on California’s ballot. How non-traded REITs still struggle with image issues. Here’s a batch of other critical content for you to read, listen to or watch.
Denver City Center Gets New Owner
Shorenstein Properties sold the two-building downtown development after holding the property for seven years.
Boyle Investment Sells Nashville Retail Center for $45M
The property is anchored by one of the four Trader Joe’s locations in Tennessee.
JLL Secures Loans for 11-Building Industrial Portfolio
Owned by Summit Associates, the properties are located in the Raritan Center, a major business park in Edison, N.J.
Westinghouse Campus in Pittsburgh Reels In $180M
Columbia Property Trust has closed on the disposition of an 824,000-square-foot, Class A headquarters complex in Cranberry Township.
Orr Commercial Sells Houston-Area Shopping Center Asset
The property, which has both retail and industrial space, was almost fully leased at the time of sale.
Midtown South Office Building Gets $20M Loan
JLL Capital Markets arranged the refinancing for Windsor Management Corp., owners of a 13-story property between Fifth and Sixth avenues.
VanWest Expands Self Storage Portfolio
Despite dropping rents throughout the U.S. self storage market, the investment firm has completed two acquisitions in Walkertown and Salisbury, N.C.
Société Générale Enters Boston With $65M Refi Deal
JLL Capital Markets arranged the floating-rate loan for the owners of the 10-story office building at 101 Merrimac St.
SREIT Buys $320M Industrial Portfolio
The Starwood Capital Group-managed company purchased a 95 percent stake in a collection of Midwest assets from Becknell Industrial.