Oxford Properties Invests $100 Million in Phoenix Industrial Portfolio
Oxford Properties Group has acquired the 460,000-square-foot Sycamore portfolio, consisting of six industrial spaces in Phoenix and Tempe, Ariz., in close proximity to the Sky Harbor International Airport. According to sources, the deal was closed for approximately $100 million, with Link Logistics as the seller. Â
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Hammes Opens New Building at Moffitt Cancer Center Life Sciences Campus in Tampa, Fla.
The Discovery and Innovation Center was designed to expand Moffitt Cancer Center’s research capabilities with 20 faculty laboratories and approximately 250 research personnel by the end of 2026.
What Is a 1031 Exchange in Commercial Real Estate?
This guide explains what a 1031 exchange is, which commercial properties qualify, the two deadlines that decide whether the exchange works, the role of the qualified intermediary, and…
Shorenstein Acquires Tishman-Owned SoHo Office for $132.5 Million
Tishman Speyer completed the sale of a 12-story, Class A, boutique office space in Manhattan, N.Y.’s SoHo neighborhood for $132.5 million with an estimated price per square foot of $866. Newmark’s Adam Spies, Doug Harmon, Adam Doneger, Marcella Fasulo, Avery Silverstein and Joshua King represented the seller during the negotiations.
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