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Deals news – page 11
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Representative imageMarcus & Millichap Brokers Sale of 50,000 SF Industrial Complex in Northwest HoustonHOUSTON — Marcus & Millichap has brokered the sale of The Workshops at Breen, a 50,000-square-foot industrial complex in northwest Houston.
Representative imageLee & Associates Negotiates 28,212 SF Industrial Lease in McKinney, TexasMCKINNEY, TEXAS — Lee & Associates has negotiated a 28,212-square-foot industrial lease in the northern Dallas suburb of McKinney.
Wonderful Co. Sells 1.1 MSF Industrial Property in Shafter, CaliforniaSHAFTER, CALIF. — The Wonderful Co., through its Wonderful Real Estate business, has completed the disposition of 5104 Express Avenue in Shafter to a global technology and e-commerce company for an undisclosed price.
Representative imageStrauss Investments Buys 157,000 SF Commons at Valencia Office Campus in CaliforniaVALENCIA, CALIF. — Strauss Investments has acquired Commons at Valencia, a two-building office campus in Valencia, from Harbor Associates for $32 million, or approximately $204 per square foot.
Oxford Properties, Sagard Real Estate Divest of 113,110 SF Industrial Facility in Chandler, ArizonaCHANDLER, ARIZ. — Oxford Properties, in partnership with Sagard Real Estate, has completed the disposition of 800 East Germann Road in Chandler to Cohen Asset Management for an undisclosed price.
Northmarq Brokers $8.2M Sale of Multi-Tenant Retail Center in North Bend, WashingtonNORTH BEND, WASH. — Northmarq has arranged the sale of J.O. Borgen Plaza, a multi-tenant retail center in North Bend, approximately 30 miles southeast of Seattle. The asset traded for $8.2 million.
DivcoWest Sells Glendale Office Building For $70MDivcoWest sold 655 N. Central Ave. in Glendale for $70M, less than half of its 2017 purchase price.
Stewards Sets Up $240M Deal for Two South Florida Multifamily PropertiesFort Lauderdale-based Stewards has signed letters of intent to acquire two apartment properties in Broward County, Fla., in a stock transaction valued at $240 million.
Local College Snaps Up Former Rite Aid in BarstowProgressive Real Estate Partners represented a Southern California real estate developer in the sale of a 17,272-square-foot freestanding retail building located at 1380 Barstow Rd. in Barstow for $2.
Piedmont Buys Virginia Office for $53M — Double Its 2024 Sale PriceA joint venture has unloaded an office building in Northern Virginia for nearly twice what it paid to acquire the property just two years ago in the depths of post-pandemic distress.
Marcus & Millichap Brokers Sale of Industrial Property in Lake ForestMarcus & Millichap brokered the sale of 28101 Ballard Drive, a 32,003-square-foot, six-unit industrial property in Lake Forest, Illinois. The property sold for $3.46 million.
Logistics Property Company Closes on Industrial Real Estate VentureLogistics Property Company, LLC (LogiPropCo) has closed a value-add joint venture with a large U.S. public pension fund. This value-add venture is the company’s third venture with institutional investors since its founding in 2018.
California Investor Scoops Up Amazon Warehouse: The Chicago Deal SheetStockbridge Capital Group acquired a huge Amazon warehouse in Romeoville, plus more top transactions in Chicago this week.
Lincoln, PGIM Acquire Two DFW Medical BuildingsLincoln Property Company and PGIM acquired two outpatient medical buildings in the Dallas-Fort Worth Metroplex, totaling 103,000 square feet. Acquired through separate transactions, the portfolio includes 17051 N.
Representative imageSummit RE Negotiates Sale of 209,476 SF Office Building in Carrollton, TexasCARROLLTON, TEXAS — Locally based brokerage firm Summit RE has negotiated the sale of a 209,476-square-foot office building in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 4101 International Parkway was constructed on 14.8 acres in 1998.
Representative imageEaston Group Buys Two Industrial Buildings Totaling 72,800 SF in ArlingtonARLINGTON, TEXAS — Miami-based investment firm Easton Group has purchased two industrial buildings totaling 72,800 square feet in Arlington.
Representative imageKadima Industrial Partners Buys 62,500 SF Building in Woburn, MassachusettsWOBURN, MASS. — Kadima Industrial Partners has purchased a 62,500-square-foot building in Woburn, a northern suburb of Boston. The shallow-bay building at 215 Salem St. features 16 loading docks, a clear height of 17 feet and 90-foot truck court depths.
Representative imagePiedmont Realty Trust Acquires Office Building in Arlington, Virginia for $56.3MARLINGTON, VA. — Piedmont Realty Trust Inc. has purchased a 188,014-square-foot office building located at 4075 Wilson Blvd. in Arlington’s Ballston submarket.
Colliers Negotiates $23M Sale of Shopping Center in Trinity, FloridaTRINITY, FLA. — Colliers has negotiated the sale of Trinity Village Center, a 76,834-square-foot shopping center located in Trinity, roughly 30 miles north of Tampa. According to the Tampa Bay Business Journal, Crow Holdings purchased the center for $23 million.
Stockdale Capital Partners, Hamilton Lane Acquire Shoppes at Chino Hills in California for $157MCHINO HILLS, CALIF. — Stockdale Capital Partners, together with funds managed by Hamilton Lane, has purchased The Shoppes at Chino Hills, an open-air lifestyle center in Chino Hills, for $157 million.