1031 Exchange
Suburban Seattle Industrial Park Commands $13M
Colliers brokered the sale of the two-building Olympic Industrial Park in SeaTac, Wash., that changed hands in a 1031 exchange transaction.
Washington Prime Buys Montana Regional Mall
NKF Capital Markets, which handled the transaction, expects the disposition of the Southgate Mall in Missoula to be one of the largest 2018 mall sales in the Pacific Northwest.
Rexford Sells 1, Acquires 2 CA Industrial Properties
The firm sold an 11,808-square foot building in the Inland Empire, as well as purchased a 96,993-square-foot property in San Marcos and a 43,787-square-foot asset in Long Beach.
Plaza Properties Offloads Northern AL Shopping Center
The retail asset, which contains more than 100,000 square feet, is almost fully leased to a range of long-term tenants.
Tax Changes Hike Investor Optimism
The latest investor sentiment survey conducted by Marcus & Millichap highlights the benefits of the law’s new provisions, as well as what it left in place, and the upsides for multiple asset categories.
The Power of Triple-Net Leases in 2018
Stable returns and long-term leases are just a few qualities of net-leased properties that will keep investor demand strong this year, notes Kennedy Wilson Senior Vice President Brent Ball.
Griffin Capital Snags Recently Completed Phoenix Office Asset
The 271,000-square-foot complex was built-to-suit for the McKesson Corp. last year, with the healthcare company’s lease expiring in 2028.
Rexford Picks Up, Sheds CA Assets
The firm acquired an Inland Empire asset encompassing more than 200,000 square feet of industrial space, partially funding this by the sale of a creative office property.
NAS Secures Refinancing for TN Shopping Center
Encompassing more than 150,000 square feet across four connected structures, the Knoxville-area retail asset is home a variety of tenants, including Dollar Tree, T.J. Maxx and Belk.
Rexford Nabs $11M Inland Empire Industrial Asset
The company partially funded its acquisition with the sale of a six-building industrial park located in the area for approximately the same price.