Marcus & Millichap
Marcus & Millichap Brokers IL Self Storage Sale
The company’s Tampa and Chicago Oak Brook offices facilitated the sale of the 261-unit self storage property located in Granite City, Ill.
On the Market: 5 Interesting Listings for November
This month’s listings include a rare retail and office space in Palm Beach Gardens, Fla., an office building in Wayne, N.J., as well as a retail center in Kahului, Hawaii.
Iron Guard Storage Expands IN Footprint
The firm has added to its portfolio a 74,562-square-foot storage facility located in Newburgh, Ind. approximately 11 miles from Evansville.
Grocery-Anchored FL Retail Center Commands $74M
Investors remain keen on Palm Beach County, where MetLife Investment Management acquired the Shoppes at Isla Verde, a 207,000-square-foot shopping center.
Regional FBI Office in St. Louis Trades
Developed as a build-to-suit in 1998, the 89,564 square-foot property changed hands for $21 million. The current lease expires in nine years.
NAI Partners Hires New VP
As vice president of asset management, John Nolan will oversee the entire NAI Investment Fund portfolio from the company’s Houston office.
CODA Management Eyes Self Storage Makeover for Vintage Ohio Property
The company plans to remodel an 88,000-square-foot building in downtown Toledo into a Class A facility. The redevelopment is slated for completion next year.
Investors Optimistic About Tax Reform, Wary of Interest Rates
The latest NREI/Marcus & Millichap Investors Sentiment Survey found enough uncertainty among CRE owners to push the index level back to where it was a year ago.
CPE’s Top 5 October Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
Zamir Equities Buys 560 KSF Cleveland Office High-Rise
In a deal facilitated by HFF, American Landmark Properties Corp. sold 1111 Superior Ave. four years after having acquired the asset half-full for $19.5 million.