Deals

$700M Louisiana Project Moves Forward

Sumitomo Corp. and Strategic Biofuels are teaming up to develop this green fuel plant.

3340 Ocean Park

BXP Snaps Up Big Lease Extension in Santa Monica

A social media giant’s footprint at this property covers nearly 500,000 square feet.

Westfield Valencia Town Center

Unibail-Rodamco-Westfield Sells LA-Area Mall for $199M

The sale is part of a deleveraging strategy that has generated $1.8 billion so far.

Apollo Realty Goes Shopping in South Florida

The 135,000-square-foot retail center was completed last year.

Lincoln Property, Crow Holdings Sell New Distribution Center

A global asset manager acquired the property near the U.S.-Mexico border.

Palmetto Distribution Center. Image courtesy of Lee & Associates

KKR Pays $250M for Two Industrial Properties in Phoenix, Atlanta

The assets were acquired through an opportunistic equity fund.

GI Partners Pays $211M for Los Angeles Asset

AT&T sold the digital TV broadcasting facility.

West Memorial Place I

Fuller Realty Partners Secures HQ Lease in Houston

MODEC International and one of its affiliates will relocate to West Memorial Place I in late 2024.

commercialedge

Top 5 Markets for Industrial Transactions

Investment volume across the U.S. decreased by 22.5 percent year-over-year, according to CommercialEdge data.

VanTrust Real Estate has commenced work on Peoria Logistics Park, the largest Class A industrial Park to be developed in Peoria, Ariz.

PepsiCo Building in Phoenix Trades

The facility is part of a 150-acre industrial campus.