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Deals news – page 117
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Cushman & Wakefield Brokers $81M Sale of South Florida Industrial PortfolioLAUDERDALE LAKES AND LAUDERHILL, FLA. — Cushman & Wakefield has brokered the $81 million sale of an industrial portfolio in South Florida’s Broward County.
Partners Capital Acquires 261,949 SF Powers Ferry Business Park in AtlantaATLANTA — Partners Capital, the investment arm of Houston-based Partners Real Estate, has acquired Powers Ferry Business Park, a five-building flex park in Atlanta’s Cumberland-Galleria submarket.
Sword Industrial Partners Buys 261,692 SF Park in Northeast TulsaTULSA, OKLA. — Sword Industrial Partners, an affiliate of Fort Worth-based MAG Capital Partners, has purchased Braniff Park West, a 261,692-square-foot property in northeast Tulsa. The sales price was $20 million.
Partners Capital Fund Buys Atlanta Business ParkPartners Capital, the investment platform of Partners Real Estate, announced the first acquisition made through its newly launched investment vehicle, Opportunity Fund VI.
Representative imageMarcus & Millichap Brokers Sale of 192-Unit Self-Storage Facility in Wilmer, TexasWILMER, TEXAS — Marcus & Millichap has brokered the sale of a 192-unit self-storage facility in Wilmer, a southern suburb of Dallas. Known as StorageHome, the facility was built in 1979 and expanded in 2007.
CBRE Arranges $98.2M Sale of Retail Power Center in South Windsor, ConnecticutSOUTH WINDSOR, CONN. — CBRE has arranged the $98.2 million sale of The Shops at Evergreen Walk, a 357,742-square-foot retail power center in South Windsor, located just outside of Hartford.
BH Properties Acquires 75,000 SF The Shops at Mauna Lani Retail Center in HawaiiKAMUELA, HAWAII — BH Properties has purchased The Shops of Mauna Lani, an open-air retail center along the Kohala Coast on the Island of Hawaii. Terms of the transaction were not released.
CBRE Arranges Sale of 69,032 SF Office Property in Anaheim, CaliforniaANAHEIM, CALIF. — CBRE has brokered the sale of an office building located at 2300 E. Katella Ave. in Anaheim. The property traded for $15.1 million. Anthony DeLorenzo, Sammy Cemo and Bryan Johnson of CBRE represented the institutional seller in the transaction.
DAUM Commercial Brokers Sale of 12,892 SF Warehouse in Canoga Park, CaliforniaCANOGA PARK, CALIF. — DAUM Commercial Real Estate Services has directed the sale of a warehouse building located at 805 Deering Ave. in Canoga Park. Chatsworth, Calif.-based Oak Cabessa of MAKS Enterprises acquired the property from 8015 Deering LLC for $3.8 million.
Newmark Zimmer Brokers Sale of 468,255 SF Vacant Headquarters Campus in KansasNEW CENTURY, KAN. — Newmark Zimmer has brokered the sale of a corporate campus with two buildings totaling 468,255 square feet in New Century. New Century 202 LLC, an entity affiliated with Sky Real Estate, was the buyer.
Monument Capital Management Sells Workforce Housing Community in Metro Chicago for $30MMT. PROSPECT, ILL. — Monument Capital Management, an A-Rod Corp. company, has sold Eclipse at 1450 for $30 million to Vladimir Novakic. The 222-unit workforce housing community is located at 1450 Busse Road in Mt. Prospect.
Transwestern Brokers IHDA Lease at Michigan PlazaTranswestern announced the Illinois Housing Development Authority (IHDA) signed a new, 72,645-square-foot lease at Michigan Plaza, 205 and 225 N. Michigan Ave.
Representative imageNorthBridge Buys Broward County Industrial Portfolio for $82MNorthBridge Partners paid $81.5 million for three warehouses in Lauderhill, Fla., property records show. The portfolio, which was built in the 1970s, totals 359,262 square feet and sits within the Elevate Broward industrial park.
Raven Property Advisors Adds Jared Sobel From W&D to Scale New Capital Markets BusinessRaven Property Advisors has hired Jared Sobel from Walker & Dunlop to accelerate growth in the brokerage’s newly launched capital markets division, Commercial Observer has learned.
Representative imageJeff Sutton Sells Williamsburg Retail Property for $34MYoshida & Company, a Japanese accessory manufacturer and retailer, has acquired a retail property at 103 North Fourth Street in Williamsburg, Brooklyn, for $33.5 million, property records made public this week show.
Representative imageTwo Trees Buys Development Site in Brooklyn’s Gowanus for $37MJed Walentas’ Two Trees Management has acquired a 3-acre development site in Gowanus, Brooklyn, for $37 million, Commercial Observer has learned.
Tredway Takes on 16 Texas Rental CommunitiesTredway closed on a $65.5 million 16-property portfolio across Texas, totaling more than 1,200 apartments. The transaction involves the acquisition and recapitalization of existing properties to preserve and extend long-term affordability for all residents.
Representative imageForza Properties Acquires Two Small-Bay Industrial Buildings Near Sacramento for $9MSACRAMENTO AND CARMICHAEL, CALIF. — Forza Properties has purchased two industrial properties for a combined $9 million. Matt Post, Anthony DeLorenzo and Sammy Cemo of CBRE represented the two sellers, 5753 Auburn Blvd LLC and MCA IGF Carmichael LLC, in the transactions.
Woodside Health Buys 29,827 SF Healthcare Facility in Gilbert, ArizonaGILBERT, ARIZ. — Woodside Health has purchased Greenfield MOB & ASC, a medical outpatient building (MOB) and ambulatory surgery center (ASC) at 2450 E. Guadalupe Road in Gilbert. Terms of the transaction were not disclosed.
Representative imageLee & Associates Brokers $2.3M Sale of 7,770 SF Multi-Tenant Industrial Building in Norwalk, CaliforniaNORWALK, CALIF. — Lee & Associates has arranged the sale of a multi-tenant industrial building located at 13820 Shoemaker Ave. in Norwalk. Parsons sold the property to Rosecrans Associates, an investment buyer, for $2.3 million.