1031 Exchange
CRE Dodges a Tax Bullet
Many of the benefits the commercial real estate industry enjoys were preserved in the recently enacted Tax Cuts and Jobs Act, but market participants are still distilling the impact of the changes, notes Avison Young Principal Jay Maddox.
Cautious Optimism Ahead for 2018 NYC Capital Markets
Despite a slowdown in transaction volume and leasing activity in the market last year, Cushman & Wakefield executives discussed why 2018 will likely be a better year for investors and lenders, at the firm’s year-end retail data and capital markets presentation.
Top 10 Posts of 2017
Miss out on any CPE articles in 2017? Catch up on our most popular posts of the year.
Griffin Capital Acquires $130M SC Office Campus
The company purchased LPL Financial Carolinas Corporate Campus, located in Fort Mill. This property is one of LPL’s major national offices and the largest by headcount and square footage.
Hanley Arranges $22M Inland Empire Retail Sale
The 62,952-square-foot newly remodeled regional shopping center in Riverside, Calif., was 98 percent occupied at the time of the sale. Only eight shopping centers in the Inland Empire changed hands for more than $20 million in the past 12 months.
Partners Capital Buys Industrial Asset in 1031 Exchange
The purchase of the fully-leased 92,000-square-foot asset in San Bernardino, Calif., for nearly $8.7 million, marks the company’s sixth industrial acquisition in the past 18 months.
CBRE Closes Sale of 128 KSF San Diego Industrial Park
A 1031-exchange buyer paid $18 million to acquire Southrail Business Park in Chula Vista, Calif., from Focus Real Estate LP.
Faris Lee Closes Stockton Retail Deal
West Hammer sold the 15,314-square-foot multi-tenant retail strip center for $7.1 million. The 1031 exchange buyer was attracted to the asset’s location and the triple-net lease structure.
CBRE Arranges Greater LA Industrial 1031 Exchange
The three-building park in Norwalk, Calif. changed hands for $14.1 million and is 98 percent leased to a variety of tenants, including Ford Motors.
Hanley Closes Inland Empire Retail 1031 Exchange
The firm negotiated the sale of a 33,708-square-foot pad building occupied by T.J. Maxx and ULTA Beauty in La Quinta, Calif. for around $8.9 million.