JLL

North Charlotte Spec Building Hits the Market

M. David Properties completed its first spec industrial property at SilverPark North, a 300,000-square-foot industrial park currently under construction.

JV Enters High-Barrier Charlotte Submarket With $64M Acquisition

Somerset Properties and its joint venture partner are the new owners of a 1.4 million-square-foot distribution warehouse.

Panattoni Sells Reno Industrial Park for $117M

Located in one of Northern Nevada’s hottest industrial markets, the 1.4 million-square-foot property encompasses four Class A buildings.

Vestar Sells Metro Phoenix Retail Center for $62M

The 245,000-square-foot Crossroads Towne Center was 99 percent leased at the time of sale.

Hines JV Obtains $870M Loan for Boston Redevelopment Project

The developers are planning to convert the city’s historic South Station transit hub into a 1.9 million-square-foot commercial and residential project.

Clarion Partners Gets $40M for West Palm Beach Retail Asset

The BJ’s Wholesale Club-anchored, 232,727-square-foot shopping center was more than 95 percent leased at the time of the sale.

Nuveen Sells Houston Distribution Center

The roughly 353,000-square-foot Beltway North Commerce Center is fully leased to Air General and DB Schenker.

Black Creek Group Acquires New Jersey Warehouse for $32M

The former owners invested $5 million in capital improvements at the 292,466-square-foot property.

Akara Partners Lands $57M Refi for Chicago Hotel

The company will use the proceeds to refinance the construction loan on the extended-stay Home2Suites by Hilton downtown property.

Buchanan Street Secures Refi for Houston Office Asset

The loan will retire existing acquisition debt the firm took out in 2017.