Alex Brown Realty Inc.
JLL to Lease 490 KSF Research Triangle Campus
King Street Properties and Nuveen Real Estate acquired the life science park in 2020.
Industrial Service Facilities Portfolio Reels in $61M Loan
JLL Capital Markets arranged the acquisition financing on behalf of Biynah Industrial Partners.
Alex. Brown, Biynah Sell 1.3 MSF Midwest Portfolio
The partners have relinquished their years-long hold of the assets amid booming investor interest in the heartland’s logistics sector.
JV Brings 149-Key Hotel to Utah
JLL arranged a three-year construction loan for the development of Cottonwood Courtyard in Cottonwood Heights, Utah.
CIP Real Estate Lands $59M Refi for Inland Empire Portfolio
JLL arranged the seven-year, fixed-rate loan as part of the recapitalization of the 610,000-square-foot group of three industrial/office business parks.
JV Picks Up Raleigh-Area Office Park
Pinnacle Financial Partners provided financing for the acquisition of the two-building portfolio in Cary, N.C. Avison Young will lead the leasing efforts.
Founders Properties Buys Raleigh Office Portfolio for $23M
The three-building Class C office campus contains nearly 155,000 square feet. The buyer landed $14.5 million in financing for the deal.
Inland Empire Office Changes Hands
CIP Real Estate traded the building, which contains more than 70,000 square feet of Class A space, for upwards of $20 million.
Atlanta Airport Hotel Changes Hands
Alex Brown Realty sold the DoubleTree by Hilton property to a joint venture led by Hersha Hospitality Management for more than $23 million.
Stan Johnson Arranges Sale of Chicago-Area Flex Building
Crystal Acquisitions paid $11.4 million for the Arlington Heights asset, which is fully occupied by two tenants: Intertek and Gigenet.