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Koontz Corp. Sells Two San Antonio Industrial Buildings Totaling 187,200 SFSAN ANTONIO — Local developer Koontz Corp. has sold two industrial buildings totaling 187,200 square feet in San Antonio.
Representative imageCenturion Foundation Acquires Northlake Mall in Metro Atlanta for $95M, Plans Expansion for Emory HealthcareTUCKER, GA. — Centurion Foundation, an independent nonprofit organization that specializes in real estate and financing solutions for the healthcare and higher education sectors, has acquired Northlake Mall, a nearly 1 million-square-foot shopping center in the Atlanta suburb of…
JLL Arranges Sale of 365,071 SF Shopping Center in Whitehall, PennsylvaniaWHITEHALL, PA. — JLL has negotiated the sale of Whitehall Plaza, a 365,071-square-foot shopping center located in the Lehigh Valley.
Representative imageBradford Allen Negotiates Two Office Leases for Illinois Retina in Chicago MarketSKOKIE, ILL. AND MUNSTER, IND. — Bradford Allen has negotiated two leases on behalf of Illinois Retina in the Chicago market.
Lee & Associates Arranges $5.2M Sale of Industrial Building in Metro ChicagoELK GROVE VILLAGE, ILL. — Lee & Associates of Illinois has arranged the $5.2 million sale of a 39,879-square-foot industrial building located at 1951 Lively Blvd. in Elk Grove Village.
Brookfield, CPP To Pay $5.2B To Take 108-Property Industrial Firm PrivateBrookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market. BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial...
John Malone-Backed MHL Makes Its Biggest Deal In 10 YearsJohn Malone-backed MHL Hotel Collection has agreed its biggest acquisition in a decade, purchasing two Dublin Airport hotels from Tifco Hotel Group in a deal worth around €95M. The transaction, which was marketed by CBRE Hotels and JLL, involves the...
Colliers Arranges Sale of 302K-SF Industrial Building in KentuckyColliers completed the sale of Gray Industrial Center Building 2, a newly completed 302,400-square-foot industrial facility at 530 Logistics Drive in Shelbyville, Kentucky, approximately 30 miles east of Louisville.
Marcus & Millichap Brokers Sale of Net-Leased Storming Crab Restaurant in RockfordMarcus & Millichap announced the sale of a net-leased restaurant property occupied by Storming Crab in Rockford, Illinois.
Free-Market NoHo Apartments Generate Strong Buyer DemandMarcus & Millichap finalized the sale of 312 Bowery, a multifamily property in Manhattan’s NoHo neighborhood, for $16.65 million.
Largely Vacant Santa Monica Offices Get New Life as School CampusColliers arranged the all-cash sale of Ocean Park Plaza, a two-story, 100,700-square-foot office and medical building at 2701 Ocean Park Blvd. in Santa Monica. The buyer, an undisclosed co-educational school, plans to relocate to the property and establish its new campus there.
Greystone Real Estate Capital Closes on Second Affordable Housing FundGreystone Real Estate Capital has closed on Greystone Affordable Housing Fund II LP, a $137-million multi-investor Low-Income Housing Tax Credit (LIHTC) fund.
Apartment Complex Sells for $51M in Los Angeles’ Miracle MilePrime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit.
UCHealth Acquires Two Greenwood Village Office BuildingsUCHealth purchased Greewood Plaza, a two-building office pair at 6550 and 6560 Greenwood Plaza Blvd., in Greenwood Village. The Denver Business Journal reports the healthcare company paid $19.3 million for the properties.
New Empire Corporation Buys Midtown Parking Garage for $33MBentley Zhao’s New Empire Corporation, a New York City-based developer of residential mixed-use buildings, dropped $33.5 million to acquire a Midtown parking garage at 10 East 30th Street, according to a deed filed in property records on Thursday.
Verizon To Sell 274 Retail Locations, Lay Off 500 Office WorkersVerizon is shrinking its corporate-owned retail footprint and laying off roughly 500 office employees, a year after it kicked off a broader corporate restructuring.
Eastham Capital Sells 200-Unit Apartment Complex in Humble, TexasHUMBLE, TEXAS — Florida-based real estate private equity firm Eastham Capital has sold Eagle Crest, a 200-unit apartment complex located in the northern Houston suburb of Humble.
Representative imageLee & Associates Negotiates 94,993 SF Industrial Lease in Southlake, TexasSOUTHLAKE, TEXAS — Lee & Associates has negotiated a 94,993-square-foot industrial lease in Southlake, located in the northern-central part of the metroplex. The tenant is Genuine Cable Group, and the space is located within Building 1 of Heritage Business Park.
Representative imagePartners Brokers Sale of 43,000 SF Industrial Building in La Marque, TexasLA MARQUE, TEXAS —Partners Real Estate has brokered the sale of a 43,000-square-foot industrial building in La Marque, a southeastern suburb of Houston. According to LoopNet Inc., the single-tenant building at 4725 Lawndale St.
Representative imageJLL Negotiates $54.3M Sale of Retail Center in Bridgewater, New JerseyBRIDGEWATER, N.J. — JLL has negotiated the $54.3 million sale of The Village at Bridgewater Commons, a 92,461-square-foot retail center in Central New Jersey.