JLL
Investcorp JV Sells Seattle Office Tower for $305M
The Bahrain-based firm, along with Schnitzer West, sold the Class A asset in the city center to Vanbarton Group after three years of ownership. The 41-story building is fully occupied.
National Storage Affiliates Buys Texas Portfolio
The company has purchased nine properties totaling nearly 5,000 units in the Houston, San Antonio and Austin markets.
JLL Closes on $1.8B Acquisition of HFF
The cash-and-stock deal between the two firms was first announced back in March. HFF’s shareholders approved the deal on Monday.
Charlotte Lands Lowe’s for $153M Tech Hub
The home improvement retailer plans to fill the new, 357,000-square-foot innovation center in the city’s South End neighborhood with as many as 2,000 professionals.
Energy Industry Yields Mixed Bag for Office Sector
How the changing fortunes of the energy industry are shaping office markets in metros like Dallas, Denver and Pittsburgh.
KKR Buys 566 KSF Multi-State Industrial Portfolio
By acquiring the five facilities in Baltimore, San Diego and Huntington Beach, Calif., the company grew its industrial portfolio to 8 million square feet nationwide.
Hammes Partners Pays $409 Per SQFT for AZ Medical Building
Spectrum Medical Commons, developed by Irgens in 2017, is adjacent to Mercy Gilbert Medical Center. JLL brokered the $17.8 million transaction.
CBRE Adds New SVP in Tampa
John Heald joined the firm from JLL, where he most recently served as managing director. In the new role, he will focus on leasing activities for office clients.
Candid to Relocate Columbus HQ
The move to the historic Dispatch Building in the downtown area is scheduled for this fall. Candid will occupy more than 33,000 square feet, bringing the property to full occupancy.
CTP to Receive $2B for Czech Industrial Portfolio Refi
Czech developer CTP has reached an agreement with multiple lenders, marking the largest real estate transaction in Central and Eastern Europe this year.