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Representative imageSJC Ventures Buys Former Macy’s at Harford Mall in Maryland, Plans 94,600 SF Mixed-Use DevelopmentBEL AIR, MD. — Atlanta-based mixed-use developer SJC Ventures has purchased the former Macy’s store at Harford Mall in Bel Air from CBL Properties, a mall REIT based in Chattanooga, Tenn.
Berkadia Arranges $52.4M Sale of Multifamily Community in Poquoson, VirginiaPOQUOSON, VA. — Berkadia has arranged the $52.4 million sale of The Flats at Legacy, a 176-unit multifamily community located off the coast of Virginia on Bull Island.
CBRE Brokers $34M Sale of Industrial Portfolio in Palm Beach CountyRIVIERA BEACH, FLA. — CBRE has arranged the $34 million sale of a 180,050-square-foot industrial portfolio in Riviera Beach, a city in South Florida’s Palm Beach County. The portfolio includes two buildings that are located at 1701 Australian Ave. and 2001 Australian Ave.
EQT Real Estate Divests of 275,243 SF Industrial Building in Temecula, CaliforniaTEMECULA, CALIF. — EQT Real Estate has divested of 41980 Winchester Road, a 275,243-square-foot industrial building located in Temecula. San Diego-based investment company SENTRE acquired the asset for an undisclosed price.
Cove Capital Investments Acquires 72,013 SF Shopping Center in Western KentuckyPRINCETON, KY. — Capital Cove Investments has acquired a 72,013-square-foot, grocery-anchored shopping center located at 55 U.S. Highway 62 in Princeton, a city in Western Kentucky’s Caldwell County.
Representative imageBMC Investments Sells 100,000 SF Mixed-Use Property in DenverDENVER — BMC Investments has sold 255 Fillmore, a Class A mixed-use building in Denver’s Cherry Creek neighborhood. A high-net-worth family office acquired the asset for an undisclosed price. Tim Richey of Newmark represented the seller in the deal, while Lincoln Property Co.
JLL Brokers $12.1M Sale of Shopping Center in Fort Collins, ColoradoFORT COLLINS, COLO. — JLL Capital Markets has brokered the $12.1 million sale of Drake Crossing, a 56,214-square-foot retail center located at 2100 W. Drake Road Fort Collins.
Ameriprise Signs 10-Year Renewal for One World Trade Center SpaceThe Durst Organization and the Port Authority of New York and New Jersey announced that Ameriprise Financial, Inc. has renewed its lease at One World Trade Center.
Yorba Linda Parking Lot Sells for Townhome RedevelopmentCBRE arranged the $8.12-million sale of a 1.9‑acre residential development site at 4861 Liverpool St. in Yorba Linda. The property, currently a parking lot, was sold by Messiah Lutheran Church.
Nonprofit Embrace Boston Plans Redevelopment of Two Downtown Crossing PropertiesAvison Young brokered the sale of two adjoining office buildings totaling 34,300 square feet and located at 33-41 West St. in Boston’s Downtown Crossing for $9.55 million. Principals Brandon Dickason and Jeff Gates represented the buyer, Embrace Boston.
Eastern Union Secures $13M to Acquire Ohio Shopping CenterEastern Union has arranged more than $12.96 million in financing toward the acquisition of Lima Center, a 174,078-square-foot shopping center located in Lima, Ohio. The purchase price for the center was $19.5 million.
Cirrus, Resorts World Acquire Jamaica Site for Workforce HousingA partnership of Cirrus Real Estate Partners and Resorts World New York City has acquired a 1.8-acre development site and parking garage at 92-30 165th St. in Jamaica, Queens for $46.125 million in a transaction brokered by RIPCO Real Estate.
Marcus & Millichap Arranges Sale of Wisconsin Dells Waterpark HotelMarcus & Millichap brokered the sale of Grand Marquis Waterpark Hotel & Suites, a 93-room hotel with an indoor and outdoor waterpark, located in Wisconsin Dells.
City of San Francisco Adds More Than 500K SF to Footprint at Hudson Pacific Office TowerThe City of San Francisco is more than doubling its presence at 1455 Market St., an office tower once home to Uber.
Partnership Acquires 549,170 SF Pinnacle Tower Office Building in North DallasDALLAS — A partnership between Estein USA and Vanderbilt Office Properties has acquired Pinnacle Tower, a 549,170-square-foot office building in North Dallas. The seller was New York Life.
Bradford Arranges Sale of 41,780 SF Industrial Flex Building in Haltom City, TexasHALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive formerly housed the manufacturing operations of Sunair Products.
Newmark Arranges $975M for Northern Virginia Data CenterNewmark has arranged a $975 million balance sheet financing for Project Helios, a newly constructed, state-of-the-art data center in Northern Virginia.
LM Acquires Fully-Leased Atlanta-Area Cold Storage FacilityLM Real Estate Partners acquired a newly constructed 99,750-square-foot cold storage facility for $27.5 million. Jones Development was the seller. It’s located at 109 Thompson Road in Hiram, Ga.
JLL Brokers $24.5M Sale of Industrial Service Facility in Edison, New JerseyEDISON, N.J. — JLL has brokered the $24.5 million sale of a 5.5-acre industrial service facility in the Central New Jersey community of Edison.
Representative imageNAI Earle Furman Negotiates Sale of 425 Acres in Upstate South Carolina for $1.2B USA Rare Earth Manufacturing PlantBLACKSBURG, S.C. — NAI Earle Furman has negotiated the sale of approximately 425 acres located at 998 Blacksburg Highway in Blacksburg, a city in Upstate South Carolina’s Cherokee County.