acquisition – FastCRE: Commercial Real Estate Deals, News and Views

Tag archives for acquisition

Goldman Sachs Sells CA Mall for $22M

Commercial Property ExecutiveOctober 2, 2018 Goldman Sachs Sells CA Mall for $22M2018-10-02T12:38:56+00:00 Retail

A global insurance company has purchased the 330,000-square-foot regional shopping mall in Santa Maria, Calif., built in 1976 and spread across 6 ...

Katerra adds a Denver-area GC to its growing stable

Building Design + ConstructionOctober 2, 2018 Katerra adds a Denver-area GC to its growing stable2018-10-02T11:02:38+00:00 Construction-Development

Katerra, the fast-growing design, prefabrication construction and technology company, today announces its acquisition of Bristlecone Construction, a four-year-old, general contractor based in ...

Sold: 2051 Greenhouse Rd. – Houston, TX

Healthcare Real Estate InsightsOctober 2, 2018 Sold: 2051 Greenhouse Rd. – Houston, TX2018-10-02T10:42:55+00:00 Medical

JLL Capital markets – Office Investment Sales SOLD: 2051 Greenhouse Road, Houston, TX JLL is pleased to announce the sale of Greenhouse Medical ...

CBRE Negotiates Sale of 420,550 SF Retail Center in Arlington

REBusiness OnlineOctober 2, 2018 CBRE Negotiates Sale of 420,550 SF Retail Center in Arlington2018-10-02T09:05:43+00:00 Retail

ARLINGTON, TEXAS — CBRE has negotiated the sale of Bardin Place, a 420,550-square-foot retail center located just south of Interstate 20 in Arlington. ...

Colliers Orchestrates Sale of 125,295 SF Retail Center in New Jersey

REBusiness OnlineOctober 2, 2018 Colliers Orchestrates Sale of 125,295 SF Retail Center in New Jersey2018-10-02T08:56:13+00:00 Retail

ROBBINSVILLE, N.J. — Colliers has arranged the sale of The Shoppes at Foxmoor, a 125,295-square-foot retail center in Robbinsville. The sales price ...

Strategic Storage REITs Merge In $340M Deal

Globe St.October 2, 2018 Strategic Storage REITs Merge In $340M Deal2018-10-02T06:50:45+00:00 Globe St.

Once the deal closes, SST II will acquire a portfolio totalling approximately 2.1 million net rentable square feet of storage space.

RAF Pacifica Sells San Diego Industrial Portfolio for $170M

Commercial Property ExecutiveOctober 2, 2018 RAF Pacifica Sells San Diego Industrial Portfolio for $170M2018-10-02T06:50:27+00:00 Industrial

Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.

Manhattan real estate is now in a year-long correction

CNBCOctober 2, 2018 Manhattan real estate is now in a year-long correction2018-10-02T00:01:00+00:00 CNBC

Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter ...

It’s Student Housing Time

Nat'l Real Estate InvestorOctober 1, 2018 It’s Student Housing Time2018-10-01T17:50:14+00:00 Nat'l Real Estate Investor

The student housing industry continues to experience rapid evolution with two mega transactions this year.

Berkadia Arranges $19 Million Sale of Community Near Western Michigan University

Student Housing BusinessOctober 1, 2018 Berkadia Arranges $19 Million Sale of Community Near Western Michigan University2018-10-01T15:37:57+00:00 Student Housing

Kalamazoo, Mich. — Berkadia has arranged the sale of 700 SoHo near Western Michigan University in Kalamazoo for $19 million. The 488-bed ...

Landmark Properties Acquires 300-Bed Community Near Penn State University

Student Housing BusinessOctober 1, 2018 Landmark Properties Acquires 300-Bed Community Near Penn State University2018-10-01T15:36:46+00:00 Student Housing

State College, Pa. — Landmark Properties has acquired The Legacy, a 300-bed student housing community located one block from the Pennsylvania State ...

TREIS Closes $43M FL Portfolio Sale

Commercial Property ExecutiveOctober 1, 2018 TREIS Closes $43M FL Portfolio Sale2018-10-01T11:14:02+00:00 Office

The properties included the Waterway Shoppes retail center, as well as the Heron Bay III and Heron Bay IV office buildings, all located ...

Cushman & Wakefield Brokers $13.5M Sale of Retail Building in Manhattan

REBusiness OnlineOctober 1, 2018 Cushman & Wakefield Brokers $13.5M Sale of Retail Building in Manhattan2018-10-01T10:32:54+00:00 Retail

NEW YORK CITY — Cushman & Wakefield has brokered the $13.5 million sale of a three-story retail building in Midtown, Manhattan. John ...

HFF Secures $9.8M Acquisition Loan for Crowne Plaza Boston Newton Hotel

REBusiness OnlineOctober 1, 2018 HFF Secures $9.8M Acquisition Loan for Crowne Plaza Boston Newton Hotel2018-10-01T10:31:51+00:00 Hotel-Hospitality

NEWTON, MASS. — HFF has secured a $9.8 million acquisition loan for the leasehold interest in the Crowne Plaza Boston Newton, a ...

JLL Arranges Sale of 93,916 SF Office Building in New Jersey

REBusiness OnlineOctober 1, 2018 JLL Arranges Sale of 93,916 SF Office Building in New Jersey2018-10-01T10:31:03+00:00 Office

MONTVALE, N.J. — JLL has arranged the sale of a 93,916-square-foot office building in Montvale. Located at 3 Paragon Drive, the building ...

Colliers Brokers Sale of 186-Unit Self-Storage Facility in Arlington

REBusiness OnlineOctober 1, 2018 Colliers Brokers Sale of 186-Unit Self-Storage Facility in Arlington2018-10-01T10:21:04+00:00 Self-Storage

ARLINGTON, TEXAS — Colliers International has brokered the sale of Arlington Stor-More, a 186-unit self-storage facility located at 2932 W. Division St. in ...