1031 Exchange
Top Concern for CRE Execs: Interest Rates
Executives also worry that a recession may be on the way, according to Seyfarth Shaw’s fourth annual Real Estate Market Sentiment Survey.
Pinnacle Brokers CO Retail Asset Sale
The company facilitated the $1 million acquisition of a single-tenant, net-leased property located in a King Soopers-anchored shopping center in Westminster.
Optimus Properties Acquires LA-Area Office
The one-story structure 20 miles south of central Los Angeles contains more than 60,000 square feet. The county government is the only tenant the building.
Gramercy Property Buys 108 KSF Office in NJ
Rugby Realty sold 1290 Wall St. W. for $8 million. The five-story building last traded in 2016, as part of a 1031 exchange.
Distribution Center in OH Acquired in 1031 Exchange
The 33,197-square-foot property carries a cap rate of 7.93 percent, with more than four years of remaining lease term. Third Coast purchased the asset for $3.4 million.
Navigating 1031 Exchanges
In an exclusive podcast interview, Marcus & Millichap’s Glen Kunofsky shares strategies for successful transactions and discusses the possible impact of political developments.
Hanley Investment Arranges $38M Sale of NJ Walmart
The firm represented the seller, Catellus Development Corp., in its disposition of the 159,542-square-foot building in Teterboro. The buyer was a 1031 exchange private investor.
Hanley Investment Completes Sale of LA Retail
The company represented the seller, an Orange County-based developer, in the disposition of a 6,777-square-foot retail pad building shadow-anchored by LA Fitness.
Panattoni Sells Las Vegas-Area Industrial Asset
MBS Standoffs purchased one of the six buildings in the Henderson Freeways Crossing property, through a 1031 exchange. The 19,280-square-foot Building C traded for $2.5 million.
The True Commodity Asset of Health-Care Net Lease
Stan Johnson Co. Associate Director Colin Cornell reveals what has driven net lease investor interest in dialysis clinics and what variables affect their valuations.