• Real Estate

    Bixby JV Sells Inland Empire Industrial Facility

    The one-story building at 19949 Kendall Drive. Image courtesy of CommercialEdge Overton Moore Properties has purchased 19949 Kendall Drive, a 104,500-square-foot industrial property in San Bernardino, Calif. A joint venture between Bixby Land Co. and a global investment manager sold the Class A facility that was fully leased at the…

  • Real Estate

    Adler Pays $38M for Denver Light Industrial Facility

    Adler Real Estate Partners has purchased Valley Business Center, a 204,981-square-foot light industrial property in Denver. BKM Capital Partners sold the asset for $37.7 million, according to CommercialEdge data. Tenants at Valley Business Center have an average lease term of 13.3 year. Image courtesy of CommercialEdge JLL Capital Markets arranged…

  • Real Estate

    Vertical Cold Storage to Buy 109 KSF Alabama Facility

    Dothan Warehouse expanded the USDA-certified facility in 2023. Image courtesy of Vertical Cold Storage Vertical Cold Storage will acquire its 10th cold storage facility, in Dothan, Ala. Sponsored by Platform Ventures, the company entered into an acquisition agreement that is expected to close in August. Dothan Warehouse will sell the…

  • Real Estate

    Cypress West JV Buys San Diego MOB

    The four-story medical office building underwent cosmetic renovations. Image courtesy of JLL Capital Markets Cypress West Partners, in a joint venture with TPG Angelo Gordon, has acquired Chula Vista Medical Arts II, a nearly 37,000-square-foot medical office building in Chula Vista, Calif. Turner Impact Capital sold the Class B asset…

  • Real Estate

    Lovett Industrial to Build 298 KSF Inland Empire Facility

    Schaefer Logistics Center will come online by the end of next year. Image courtesy of Lovett Industrial Lovett Industrial has obtained entitlements for the development of Schaefer Logistics Center, a 298,000-square-foot industrial facility in Chino, Calif., within the Inland Empire West submarket. Lovett acquired the development site in 2023, for…

  • Real Estate

    Aspen Real Estate Buys Las Vegas Shopping Center out of Foreclosure

    Aspen Real Estate has purchased Renaissance III, a 226,000-square-foot foreclosed shopping center in Las Vegas, for $24.7 million. Special servicer LNR Property LLC—representing the CMBS bond group—sold the underperforming asset. The deal marks Aspen’s second foreclosure purchase from LNR. Renaissance III encompasses 226,000 square feet of retail space. Image courtesy of…

  • Real Estate

    Dallas Industrial Investment Activity Sees Surge

    The Dallas-Fort Worth metroplex has become a key hub for the industrial sector, growing its inventory by an impressive 17.9 million square feet of new space delivered in the first five months of 2024. Presenting a strong pipeline of projects and multiple significant transactions, the metro continues to thrive, according…

  • Real Estate

    Healthcare Realty Invests $400M to Expand Nuveen JV

    Healthcare Realty Trust Inc. is expanding its existing joint venture relationship with Nuveen Real Estate (previously referred to as TIAA) to the tune of about $400 million in assets. Todd Meredith, President & CEO, Healthcare Realty Trust. Image courtesy of Healthcare Realty Trust HRT will contribute the assets to a…

  • Real Estate

    Demetree Global Pays $55M for Mixed-Use Metro Orlando Asset

    The multifamily buildings’ ground floor includes retail space. Image courtesy of CommercialEdge Demetree Global has purchased Hannibal Square, a nine-building, 168,741-square-foot mixed-use asset in Winter Park, Fla., for $55.3 million. CommercialEdge identified the seller as Owens Realty Services. The property encompasses 92,034 square feet of retail and office space, as…

  • Real Estate

    BBX Logistics JV Eyes Miami-Area Redevelopment

    The Park at Davie will comprise two logistics buildings. Image courtesy of BBX Logistics Properties The joint venture between BBX Logistics Properties, a subsidiary of BBX Capital Inc., and FRP Development Corp. plans to develop The Park at Davie, a two-building, Class A, 182,000-square-foot logistics campus in Davie, Fla. The…