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Former Randalls Distribution Facility in Houston Switches Owners

March 30, 2018| Commercial Real Estate News, Deals, Industrial| Views: 80

  The former Randalls cooler warehouse and distribution center in Houston has changed hands. The Texas-based supermarket chain has recently been sold by its parent company,...

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Industrial Property in Low-Vacancy LA Submarket Sells for $17M

March 30, 2018| Commercial Real Estate News, Deals, Industrial| Views: 50

  Rexford Industrial Realty has recently acquired an industrial property in Cerritos, Calif., in the low-vacancy Los Angeles Mid-Counties submarket. The company, which...

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Google Snags NYC’s Iconic Chelsea Market for $2.4B

March 27, 2018| Commercial Real Estate News, Deals, Mixed-use, Office| Views: 54

  Google’s latest acquisition is the iconic Chelsea Market food hall in New York City. The tech giant has recently bought the property for a whopping $2.4 billion. With...

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Invesco Sells Walnut Creek Office Campus

March 16, 2018| Commercial Real Estate News, Deals, Office| Views: 120

  Growers Square, a three-building office project in Walnut Creek, Calif., is under new ownership. Investment management company Invesco, represented by NKF Capital Markets,...

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Arch Street Capital Snags Phoenix-Area Tech Center

March 14, 2018| Commercial Real Estate News, Deals, Office, Technology| Views: 177

  The El Dorado Tech Center in Gilbert, Ariz., an office building 100% leased to GoDaddy.com, has a new owner. Arch Street Capital Advisors, a real estate investment...

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Chicago RE Firm Snatches San Diego Medical Asset

March 13, 2018| Commercial Real Estate News, Deals, Healthcare| Views: 102

  Excel Centre, a medical office building in San Diego, Calif., has recently been acquired by a Chicago-based real estate firm. MBRE Healthcare bought the 82,157-square-foot...

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Third-Tallest Orange County High-Rise Sells for $147M

March 9, 2018| Commercial Real Estate News, Deals, Office| Views: 109

  City Tower, the third-tallest office building in Orange County, Calif., has recently found a new owner. The 20-story high-rise was acquired by KBS Capital Advisors from...

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The Story of US CRE Gaining High Status—Best-Selling Properties of the Past 20 Years

March 8, 2018| Commercial Real Estate News, Deals, Multifamily, Office| Views: 474

Institutional investment portfolios did not include commercial real estate before 1980, but now a $2 billion commercial property price tag no longer stands out the way it used to....

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Century-Old Durham Office Gem Gets New Owner

March 8, 2018| Commercial Real Estate News, Deals, Office| Views: 117

  The historic Trust Building in the heart of downtown Durham, N.C., has changed its owner. Akridge, a real estate services company that has only recently entered the Bull...

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LA Trophy Office Building Changes Hands for $196M

March 7, 2018| Commercial Real Estate News, Deals, Office| Views: 122

  Wedbush Center, a 21-story trophy office building located at 1000 Wilshire Blvd. in the heart of downtown Los Angeles, has a new owner. Cerberus Real Estate Capital...

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