1031 Exchange
Jacksonville Retail Center Changes Hands for $63M
Hobby Lobby and Best Buy are among the anchor tenants at the 212,000-square-foot property.
ICP Buys Former Kmart Building
The company has obtained a $2.1 million loan from Home Savings Bank to acquire and redevelop the 89,300-square-foot property in Garfield Heights, Ohio.
The Boulder Group Arranges $15M Charlotte-Area Retail Sale
The property is fully leased to Lowe’s, which recently extended its lease by 10 years. Partner Randy Blankstein and President Jimmy Goodman worked on behalf of the buyer.
Inland Private Capital Sells Albuquerque Office Building
After a decade of ownership, the REIT sold the 76,768-square-foot property for $9 million.
Kennedy Wilson Buys Bay Area Office Campus for $115M
The company acquired the seven-building campus in a 1031 exchange, funding the deal with proceeds from the sale of two multifamily communities.
Big Lots Sells Inland Empire Warehouse for $191M
The discount retailer is using a portion of the proceeds to purchase its headquarters in Columbus, Ohio.
BPM Buys 2 California Office Assets for $120M
In two separate transactions, the company acquired a 117,739-square-foot asset in San Jose and a 109,948-square-foot building in Aliso Viejo.
The Boulder Group Closes New Orleans Retail Sale
Partner Jimmy Goodman and President Randy Blankstein represented both parties in the transaction. The property is a newly built Goodwill store.
San Diego Convenience Center Changes Hands
Capstone Advisors sold the roughly 15,000-square-foot retail center. CBRE represented both parties in the deal and secured acquisition financing.
New York Retail Property Trades in 1031 Exchange
The Kempner Corp. sold the 25,000-square-foot retail asset in Mount Kisco. HomeGoods is the anchor tenant of the building.