New York Life Insurance Company
NorthPoint Pays $270M for Chicago Industrial Portfolio
The collection previously traded four years ago for $230 million.
Decron Pays $99M for San Diego Shopping Center
The deal marks the buyer’s first retail acquisition in more than 15 years.
DRA Advisors Buys Dallas Industrial Portfolio
New York Life originated $79 million in acquisition financing.
Kilroy Lands $375M Loan
A portion of the company’s 1.4 million-square-foot One Paseo property serves as collateral.
Urban Edge Lands $290M for New Jersey Mall
New York Life and MetLife are the co-lenders for the new mortgage.
PUMA Leases 1 MSF Near Phoenix
The facility is on track for completion in the fourth quarter.
Trophy Chicago Office Asset Lands $153M Refi
The five-year package pays down a maturing loan on LaSalle Investment Management’s tower.
CalSTRS Lands $992M Loan for 7 MSF Portfolio
The pension fund relied on JLL Capital Markets to arrange financing for the 17-property collection of office, industrial and multifamily assets.
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.
Fairbridge Properties Buys Chicago Office Asset for $43M
The company purchased Oak Brook Gateway, a 233,200-square-foot building, marking its entrance into the Windy City market.