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Deals news – page 29
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Kidder Mathews Entering Dallas MarketKidder Mathews is expanding into Dallas, Texas, with the addition of six brokers. Mart Martindale, Brandon Beeson, Wilson Stafford, John David Cobb, and Claire Schmeltekopf form an investment sales team, while Barrett Jones joins as a healthcare tenant advisory specialist.
Knightvest Capital Acquires 1,027-Unit Round Rock Apartment PortfolioKnightvest Capital acquired the Silicon Hills portfolio, three communities totaling 1,027 units in Round Rock, Texas. Lynd Living was the seller of the three properties.
Oxford Properties Pays $435M for Fan Pier Office TowerToronto-based Oxford Properties Group said Wednesday it had acquired One Marina Park Drive, an 18-story Class A office tower located on Fan Pier in Boston’s Seaport District, from Clarion Partners for US$435 million.
Representative imageCBL Properties Closes $50.6M Sale of York Town Center in PennsylvaniaYORK, PENN. — CBL Properties, along with its 50 percent joint venture partner, has sold York Town Center, an open-air regional retail center located in the southern Pennsylvania town of York for $50.6 million. The transaction was completed at an 8.5 percent capitalization rate.
Benderson Acquires Three Properties Totaling 400,000 SF in FloridaUNIVERSITY PARK, FLA. — Benderson Development has acquired three properties totaling 400,000 square feet along the west coast of Florida.
SRS Real Estate Partners Brokers $6.2M Sale of 31,086 SF Retail Property in Las VegasLAS VEGAS — SRS Real Estate Partners has brokered the $6.2 million sale of a 31,086-square-foot retail property located at 2420 E. Desert Inn Road in Las Vegas. The building, which is situated on 2.5 acres, has been occupied by Ross Dress for Less for more than 40 years.
Meridian Acquires Pasadena Medical Office Building for $13.3M, Arranges Long-Term Lease With Huntington HealthPASADENA, CALIF. — Meridian has acquired 55 East California Boulevard, a medical office building located adjacent to Huntington Hospital in Pasadena, for approximately $13.3 million.
Cushman & Wakefield Brokers Sale of 254,105 SF Industrial Portfolio in North DallasDALLAS — Cushman & Wakefield has brokered the sale of the Valwood Industrial Portfolio, a collection of three buildings totaling 254,105 square feet in North Dallas. Built in 2001, the portfolio’s buildings feature rear-load configurations and 24-foot clear heights.
IndiCap Acquires Site for 70,405 SF Industrial Development in Southwest Las VegasLAS VEGAS — IndiCap has acquired 3.8 acres in southwest Las Vegas for the development of Southwest Bay, a Class A infill industrial project. The 70,405-square-foot property will offer shallow-, small- and mid-bay industrial space with flexible suite configurations.
ESC Pacific Buys Historic Joseph W. Podmore Building in Honolulu for U.S. HeadquartersHONOLULU — ESC Pacific, an international architecture, engineering and environmental consulting firm with operations in Japan, Guam and the United States, has purchased the historic Joseph W. Podmore Building at 202 Merchant St. in Honolulu in an off-market transaction.
Representative imageLee & Associates Negotiates Sale of 24,825 SF Industrial Property in Northwest HoustonHOUSTON — Lee & Associates has negotiated the sale of a 24,825-square-foot industrial property in northwest Houston. The two-building complex at 2216 Pech Road was constructed in 1980 and includes 4,600 square feet of office space.
Representative imageWhiteFiber Agrees to Buy Two Industrial Facilities in North Carolina, Plans Data Center ConversionsYADKIN COUNTY, N.C. — WhiteFiber Inc., a data center owner-operator and cloud solutions provider, has agreed to acquire two industrial facilities in Yadkin County, situated near Winston-Salem at the foothills of the Blue Ridge Mountains.
Landmark Properties Acquires 642-Bed Student Housing Community Near University of MississippiOXFORD, MISS. — Landmark Properties has acquired The Domain at Oxford, a 642-bed student housing community located at 2002 Oxford Way near the University of Mississippi campus in Oxford.
Representative imageTranswestern Arranges $65M Sale of Medical Outpatient Building in Downtown JacksonvilleJACKSONVILLE, FLA. — Transwestern has arranged the $65 million sale of Southbank Medical Pavilion, a 493,012-square-foot medical outpatient building located at 841 Prudential Drive in downtown Jacksonville.
Prudent Growth Purchases Retail Strip Center in Montgomery for $3.7MMONTGOMERY, ALA. — Chapel Hill, N.C.-based Prudent Growth Partners LLC has purchased Somerset Shoppes, a 27,250-square-foot strip retail center located at 7730 Atlanta Highway in Montgomery. The seller was not disclosed.
ICON Real Estate Arranges $18M Sale of Apartment Building in Long Branch, New JerseyLONG BRANCH, N.J. — Local brokerage firm ICON Real Estate Advisors has arranged the $18 million sale of The Pavilion, a 46-unit apartment building in the Northern New Jersey community of Long Branch.
Representative imageMarcus & Millichap Brokers $9.5M Sale of Northern New Jersey Retail BuildingWEST NEW YORK, N.J. — Marcus & Millichap has brokered the $9.5 million sale of Coviello Plaza, a three-story, 27,100-square-foot retail building in West New York, located across the Hudson River from Manhattan.
Suburban Industrial Campus Trades For $47M: The Boston Deal SheetAlso in Bisnow's Boston Deal Sheet, the Red Sox sign an office lease near Fenway Park, a downtown conversion scores a construction loan, and more.
CBRE Arranges 118K-SF Price Zone Lease in CommerceCBRE arranged a nearly 118,000-square-foot industrial lease at Harris Business Center in Commerce to Price Zone, a wholesale distributor and importer of consumer goods. The transaction allows Price Zone to consolidate operations previously spread among three separate facilities.
Terreno Adds to NYC Portfolio with Red Hook AcquisitionTerreno Realty Corporation, a Bellevue, WA-based owner and operator of industrial real estate, acquired an industrial property located in Red Hook Brooklyn, for approximately $26.3 million. The seller was not identified.