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CUNY Buys Historic Bronx Post Office For $201MThe university system leased the property last year for a new community college campus.
WareSpace Expands Microbay Flex Industrial Concept With South San Francisco AcquisitionWareSpace is targeting industrial users seeking 2K SF or less.
CBRE Arranges Valencia Office Sale for Harbor AssociatesCBRE facilitated the $32-million sale of Commons at Valencia, a two-building Class A office campus totaling approximately 157,189 square feet, located at 25124 and 25152 Springfield Court in Valencia.
Japanese Firm Acquires Upper West Side Apartments for $25MAlchemy Ventures has announced the sale of 310 W. 80th St., a 36-unit residential elevator building on Manhattan’s Upper West Side, to Japan-based Phoenix Co. Ltd. for $24.8 million.
Representative imageVictoria Industrial, Lincoln Equities Buy NoVa Industrial Portfolio for $63MVictoria Industrial Properties and Lincoln Equities Group have acquired a seven-building flex industrial portfolio in Northern Virginia’s Dulles Tech Corridor for $62.5 million. Baltimore-based Klein Enterprises sold the assets.
Oxford Properties Divests Riverside Light Industrial PortfolioJLL Capital Markets arranged the sale of a light industrial portfolio comprising four assets totaling 238,473 square feet in Riverside. Senior managing director Patrick Nally, senior director Ryan Spradling and associate Shae Vomund represented the seller, Oxford Properties.
Lee & Associates Negotiates Land Sale for Planned Industrial DevelopmentLee & Associates has closed a $4.5 million sale transaction for four acres located at 11330 W. Melrose Avenue in Franklin Park, Illinois. Jeff Provenza, principal at Lee & Associates’ Illinois office, represented the buyer, Seefried Industrial Properties.
Principal Asset Management Adds Drew Fung for Debt RoleDrew Fung, who led Clarion Partners’ commercial real estate debt investment group for the last 14 years, will be taking on a similar role at Principal Asset Management.
Related Group, Tricap Sell Casa Tua-Leased Retail Condo in Miami’s WynwoodThe Pérez family’s Related Group and David Edelstein’s Tricap have sold the newly completed ground-floor retail space at the NoMad Hotel-branded condo development in Miami for $33 million, property records show.
Equus Picks Up 420K-SF Wilmer WarehouseEquus Capital Partners acquired Inland Logistics Center, a 420,643 square foot Class A cross-dock distribution facility located in Wilmer, Texas, within the South Dallas industrial submarket. Hines was the developer and former owner.
Nashville Investor Acquires 95K-SF Mixed-Use DevelopmentAn affiliate of LBX Investments bought a retail and office development in West Nashville. The development has about 95,000 square feet of space. The Nashville Business Journal reports the company paid $37.5 million for the Stateline in The Nations.
Flagship Pays $51M for 92K-SF Hickory Medical FacilityFlagship Healthcare Properties spent $51 million a Class A, 100% leased medical outpatient building (MOB) and ambulatory surgery center (ASC) in Hickory, North Carolina.
Affinius Capital, Alliance Residential Dispose of 545-Unit Seniors Housing Portfolio in Northern CaliforniaROSEVILLE AND SAN JOSE, CALIF. — A joint venture between Affinius Capital and Alliance Residential has sold a two-property seniors housing portfolio totaling 545 units in Northern California.
Newmark Brokers Sale of Four-Building Industrial Portfolio in Silicon ValleyMILPITAS, CALIF. — Newmark has arranged the sale of The Cadillac Court Industrial Portfolio, an industrial campus in Milpitas.
Tesseract Capital Sells Apartment Property in Modesto, California for $26.6MMODESTO, CALIF. — San Francisco-based Tesseract Capital Group has completed the sale of The Marc at 1600 in Modesto to an undisclosed family office for $26.6 million.
Representative imageLink Logistics Acquires 291,285 SF Industrial Property in Coppell, TexasCOPPELL, TEXAS — New York City-based Link Logistics has acquired a 291,285-square-foot industrial property in Coppell, located in the northern-central part of the metroplex.
Representative imageLee & Associates Negotiates 35,000 SF Industrial Lease in Northeast Fort WorthFORT WORTH, TEXAS — Lee & Associates has negotiated a 35,000-square-foot industrial lease in northeast Fort Worth. According to LoopNet Inc., the building at 566 N. Beach St. totals 123,450 square feet.
CBRE Arranges Sale of 91,306 SF Office Building in Camp Hill, PennsylvaniaCAMP HILL, PA. — CBRE has arranged the sale of West Shore Office Center, a 91,306-square-foot office building in Camp Hill, a southern suburb of Harrisburg. The seven-story building at 214 Senate Ave.
Representative imageABG Commercial Negotiates $8M Sale of Industrial Building in Medford, MassachusettsMEDFORD, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $8 million sale of a 28,600-square-foot industrial building in Medford, a northern suburb of Boston. The building at 118 Mystic Ave. was fully leased to Verizon at the time of sale.
Galvanize Pays $94M For Milpitas Industrial PortfolioGalvanize bought a 302K SF industrial portfolio in Milpitas for $94M as Silicon Valley's AI and robotics industries grow.