State Farm Life Insurance
Transactions: November 2020
A selection of noteworthy deals announced between September 1 to 24, 2020.
Top 10 Office Projects Under Construction in Atlanta
Yardi Matrix shows that development in a single submarket accounts for some 40 percent of the metro’s construction activity.
JLL Income Property Trust Pays $62M for Phoenix Office Buildings
The two properties were recently renovated in a $4.5 million capital improvement plan.
Frederick Health Acquires 387 KSF Office Building
The health-care provider was represented by Fitzgerald Realty Group in the purchase of the property that is located on a 93-acre site, formerly occupied by State Farm.
Transwestern Hires New VP in NJ
Douglas Rowe has more than 20 years of commercial real estate experience. During his career, he represented companies such as American Express and United Airlines.
Stockbridge Capital Group Buys FL Industrial Park
Working on behalf of the seller, Cushman & Wakefield negotiated the sale of Powerline Business Park, a 444,000-square-foot property in Pompano Beach.
Top Atlanta Submarkets for Construction Activity in 2017
Yardi Matrix assembled a list of the metro’s most dynamic submarkets in terms of office deliveries recorded in 2017.
Top 5 Office Portfolio Transactions of 2017
Throughout the past year, the U.S. office transaction volumes softened, but this didn’t stop institutional investors such as Duke Realty, BlackRock or JPMorgan to trade massive portfolios at high prices, Yardi Matrix data shows.
Transwestern, Mirae, State Farm Close ATL Sale-Leaseback
The building is Park Center I, a 13-story, LEED-certified office tower with ground-floor retail and seven levels of parking. The deal falls in line with the partnership’s investment strategy to achieve stable, long-term cash flow for its clients.
Monmouth Grabs $38M Miami-Area FedEx Distribution Center
The newly constructed Class A facility is located in Homestead, at the intersection of SW 127th Avenue and SW 272nd Street.
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