A 24-story office building in Charlotte has changed hands. Highwoods Properties Inc. acquired 6Hundred at Legacy Union, a 411K SF office tower in Charlotte, from Lincoln Property Co. for $230M, according to Charlotte Business Journal, citing Mecklenburg County property records. …
Marcus & Millichap closed the sale of BJ’s Wholesale Club, a 91,828-square-foot retail property located at 110 Longview Dr. in Bangor, ME, for $12,460,350. “We received serious interest in this deal from several institutional buyers,” said Adam Cohen, first VP…
After seeing its office occupancy boosted by continued demand for “lifestyle space,” Cousins Properties plans to deploy fresh capital for high-quality office assets. Cousins Properties’ Promenade Tower in Atlanta. The Atlanta-based development and landlord REIT has one of the largest office portfolios…
Crew Campus Private REIT, a pure-play student housing REIT headquartered in Aliso Viejo, announced a performance fee waiver incentive program to benefit early investors. Following Crew Campus’ announcement in February of the acquisition of a 297-bed seed asset located near Baylor University in…
IPC Alternative Real Estate Income Trust, Inc., a publicly registered perpetual-life NAV entity focused on alternative property sectors, announced its operating partnership, IPC Alternative Real Estate Operating Partnership, LP, closed on the acquisition of four self-storage properties. Two of the…
San Clemente-based CareTrust REIT, Inc. (has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties for a total of $60.3 million. The multi-service senior living campuses include 475 assisted living, skilled nursing and…
Starwood Real Estate Income Trust and Morningstar Properties have formed a joint venture to invest in the “resilient” self-storage sector, according to a Tuesday release. The new entity will recapitalize 25 self-storage assets already owned by Morningstar funds and invest in additional assets to be operated under the…
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