1031 Exchange
REIT Closes $123M in Southern California Acquisitions, Sales
Rexford Industrial Realty has added five properties totaling nearly a half-million square feet to its portfolio in separate transactions, and partially financed the purchases with two dispositions.
Stan Johnson Brokers Tampa MOB Sale
The 25,634-square-foot multi-tenant property changed hands for $8.6 million. Director James Ullrich, Senior Director Jeff Matulis and Associate Michael Macchia represented the seller.
1031 Investor Chases Retail Yield in the Inland Empire
CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.
Lee & Associates Facilitates Orange County Retail Sale
The asset traded for one of the highest per-square-foot prices for a retail center in the city, according to Principal Cory Stehr.
Stan Johnson Brokers $20M Retail Sale in TX
Tom Fritz and Brandon Duff represented the seller in the disposition of The Shops at Abilene Village, a 145,000-square-foot, multi-tenant retail center in Abilene.
Stan Johnson Arranges Houston-Area Industrial Sale
Director Zach Harris represented the seller in the 1031 exchange. The buyer of the 27,211-square-foot building in Brookshire, Texas, worked with Colliers International.
LA-Area Office Building Changes Hands for $12M
The buyer worked with Michael Shuken of Savills, while Stacy Vierheilig-Fraser of Lee & Associates and Scott L. Gertz of WESTMAC represented the seller.
Hanley Investment Brokers Sale of LA-Area Shopping Center
President Ed Hanley handled the $29.5 million transaction on behalf of both parties. The roughly 53,000-square-foot The Crossroads @ Firestone was fully leased at the time of sale.
Marcus & Millichap Brokers $9.1M Sale of Chicago Retail Asset
The 27,780-square-foot property, which is located in one of the highest barriers to entry submarkets in the city, underwent complete renovation in 2007.
Hanley Investment, Greenstone Partners Arrange IL Retail Center Sale
The brokers worked on behalf of both parties. South Weber Plaza encompasses 28,600 square feet, spread across a 6-acre site in the Chicago area.