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Deals news – page 120
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Representative imageMatthews Arranges Sale of 55,946 SF Retail Property Near ColumbusREYNOLDSBURG, OHIO — Matthews has arranged the sale of Broad Street Plaza East, a 55,946-square-foot retail center in Reynoldsburg near Columbus. Pierce Mayson, Kyle Stonis, Ben Snyder, Zack Bates and Boris Shilkrot of Matthews represented the seller, Garner Group.
Tustin Legacy Industrial Trades to Private Investor in Sale-LeasebackVoit Real Estate Services recently closed the $22,250,000 sale-leaseback of a 55,022-square-foot industrial trophy asset located in the Tustin Legacy District.
$500M Berkeley Heights Redevelopment Adds Six New RetailersThe Park, a 185-acre mixed-use campus in Berkeley Heights, NJ, announced six new retailers that will occupy The District at The Park beginning in July. The tenants have been signed as the former office campus undergoes a $500-million redevelopment.
NPCG Closes Sale of Windsor Locks Apartments in Rebounding Hartford MarketNortheast Private Client Group (NPCG) said Friday it had closed the $4,375,000 sale of 21 Spring St. in Windsor Locks, CT, a suburb of Hartford. Buyer and seller were not disclosed.
OCVIBE Adds 5,000-Seat Concert Hall to Roster of Performance SpacesOCVIBE, the 100-acre mixed-use development under construction around Honda Center in Anaheim, unveiled the design of a new standalone, 5,000-person-capacity live entertainment venue opening in early 2027.
Buchanan Partners Acquires Inova’s Former Merrifield HQ for $13MInova Health System has sold a 240,000-square-foot Merrifield office building, its former corporate headquarters, to a Bethesda firm that plans a long-term redevelopment project.
Colorado Investor Buys Downtown West Palm Rental for $79MGriffis Residential paid $78.5 million for a multifamily complex in Downtown West Palm Beach, Fla., property records show. The 263-unit building sits on a 2.45-acre parcel, occupying nearly a full block at 805 North Olive Avenue, between Sixth Street and Eucalyptus Street.
Irvine Company Trades Pasadena Office for 32% DiscountSouthern California’s largest owner of multifamily units is trading off many of its office assets across the region, and one of the state’s fastest-growing banks is stepping up to take advantage in Pasadena.
Colliers Negotiates 1 MSF Industrial Lease in Northlake, TexasNORTHLAKE, TEXAS — Colliers has negotiated a 1 million-square-foot industrial lease in Northlake, located north of Fort Worth. The tenant is DSV Contract Logistics, and the deal is for the entirety of Building 1 within Northlake 35 Logistics Park.
Representative imageOxford Partners Negotiates 21,806 SF Industrial Lease in Northwest HoustonHOUSTON — Local brokerage firm Oxford Partners has negotiated a 21,806-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 13719 FM 529 features 28-foot clear heights and 4,275 square feet of office space.
Representative imageGFI Realty Arranges $38M Sale of Manhattan Commercial Development SiteNEW YORK CITY — Local brokerage firm GFI Realty has arranged the $38 million sale of a commercial development site in Manhattan’s Kips Bay neighborhood. The site is an assemblage of parcels at 563–571 Second Ave.
LDK Ventures Acquires 300,564 SF Industrial Building in RenoRENO, NEV. — LDK Ventures has completed the purchase of Reno Distribution Center, an industrial property located at 4910 Longley Lane near the Reno-Tahoe International Airport in Reno. Eric Bennet and Tomi Jo Lynch of CBRE brokered the acquisition.
Glencrest Group, Sky Alps Capital Buy 155-Unit Cedar Square Apartment Community in Beaverton, OregonBEAVERTON, ORE. — A joint venture between Glencrest Group and Sky Alps Capital has acquired Cedar Square, a garden-style multifamily community at 10480 SW Eastridge St. in Beaverton, from a local owner for $29.8 million.
Boulder Group Arranges $5.9M Sale of Caliber Collision-Occupied Retail Property in DenverDENVER — The Boulder Group has brokered the acquisition of a single-tenant property located at 18300 E. 66th Ave. in Denver. A Colorado-based 1031 exchange investor acquired the asset from a Northeast-based partnership for $5.9 million.
Representative imageEsquire Agrees to Acquire Illinois-Based Signature Bank for $348.4MJERICHO, N.Y. AND ROSEMONT, ILL. — Esquire Financial Holdings Inc.
CBRE Arranges Sale of Six-Property Hilton Hotel Portfolio Across Three StatesEFFINGHAM, ILL., JOPLIN, MO. AND PADUCAH, KY. — CBRE has arranged the sale of a six-property, 589-room Hilton select-service and extended-stay hotel portfolio located across Illinois, Missouri and Kentucky. Chatham Lodging Trust acquired the portfolio.
Partnership Acquires Tribeca Rentals for $32MSlate Property Group and Avenue Realty Capital (ARC) acquired 45 White St., a seven-story multifamily rental building in Lower Manhattan’s Tribeca neighborhood.
SVN Chicago Facilitates Sale of Bridgeport Multifamily PropertySVN Chicago Commercial announced the successful $1.2 million sale of a 7-unit multifamily property located at 2935 S. Throop Street in Chicago’s Bridgeport neighborhood. The transaction equates to approximately $171,429 per unit.
Owner/User Pays $28M for Compton WarehouseThe Klabin Company/CORFAC International represented CSME Partners LLC in the $28.1-million sale of an 83,527-square-foot industrial building at 1800 S. Anderson Ave. in Compton. The buyer, Yuejie, Inc., will utilize the property for warehouse and distribution services.
LNR Partners Sells Retail Space Leased to Le Poisson Rouge for $21.3MLNR Partners, a subsidiary of Starwood Property Trust and a commercial mortgage special servicer, has sold a 27,541-square-foot retail condominium in Manhattan’s Greenwich Village for $21.3 million, according to city property records made public Thursday.