EQT Exeter has acquired USA Parkway Distribution Center, a two-building, 1.1 million-square-foot industrial campus in Sparks, Nev., a Reno submarket. Commercial Edge reports the Altus Group sold the asset for $140 million. The park, situated on 45.9 acres at 3300…
Alexandria Real Estate Equities, Inc. announced the completion of the sale, through an affiliate, of 1165 Eastlake Avenue East in its Lake Union submarket of Seattle to longstanding tenant Fred Hutch Cancer Center. Alexandria developed and delivered the fully leased 100,086-square-foot, single-tenant…
Continental Realty Corporation, on behalf of Continental Realty Fund IV, L.P., has completed the sale of Ridge Plaza, a nearly 140,000 square-foot retail center located at 9000-9200 W State Rd 84 in Davie, Florida, for $22.25 million. JLL represented CRC…
Machine Investment Group and Prospect Lane have landed a $53.4 million bridge financing for an 877-unit, seven-property portfolio in two South Carolina counties. A JLL team led by Jamie Leachman secured the three-year, floating-rate loan. The portfolio comprises five properties…
Hanley Investment Group Real Estate Advisors arranged the sale of a recently constructed, three-tenant net-leased investment anchored by a Chipotle Mexican Grill with a drive-thru Chipotlane in Riverside. The sale price was $5.84 million. EVP Eric Wohl and associate CJ Kiehler…
Marcus & Millichap finalized the sale of Olivetree Senior Citizen Apartments, a 44-unit seniors housing property located in Olivehurst. The asset sold for $3,265,000. Senior associate Aaron Moayed and first VP investments Isaak Heitzeberg in Marcus & Millichap’s Sacramento office marketed the…
Focus Healthcare Partners acquired Treeo Senior Living for $26.2 million. Columbia Pacific Advisors was the seller. The Triangle Business Journal reports Columbia Pacific Advisors developed the community after buying the land for $1.8 million in 2016. Columbia built the facility…
The Smyrna Distribution Center in Smyrna, TN, sold for $26.4 million. The sale represents a 35% increase from the property’s previous sale in 2021 when it sold for $19.5 million. The 267,597-square-foot warehouse facility is located at the Interstate 24 and…
LM Real Estate Partners has acquired Premier Distribution Center, an almost 1.4 million-square-foot industrial facility in Charlotte, N.C., for $97 million. The firm financed the purchase with a $67 million loan originated by Voya Investment Management. Completed in 1966, the…
Wigeon Capital has sold Greenfield 27, a three-building, 260,000-square-foot Class A industrial park in Garner, N.C., for a combined $47.3 million. Cushman & Wakefield and NAI Tri Properties negotiated the deal on behalf of the seller and developer. Greenfield 27…
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