Marcus and Millichap
Capital Square 1031 Buys Phoenix MOB
Marcus & Millichap represented the seller of the Gilbert, Ariz., property.
IRA Capital Buys San Antonio MOB Portfolio
The fully leased properties total more than 50,000 square feet.
51 KSF Self-Storage Facility Trades in Orlando, FL
Marcus and Millichap arranged the sale on behalf of the seller and secured the buyer as well. The self-storage asset offers 443 drive-up units.
Well-Located Dallas Office Asset Changes Hands
A private investor sold the 32,000-square-foot office building in Dallas to a limited liability company. Cody Payne and Wayne Bares of Marcus & Millichap represented the seller and secured the buyer.
Las Vegas 644 KSF Site Changes Hands
Marcus & Millichap represented the seller in the transaction, which hit a record-high price of $18.5 million. The Las Vegas Strip is nearby, as is the planned future home of the NFL’s Las Vegas Raiders.
Moody Closes National REITs Merger
Worth more than $450 million, the combined portfolio now includes 14 hotel properties with premier brands, most of which are located in Texas.
Central TX Hotel Portfolio Trades
A joint venture purchased the Holiday Inn Express & Suites and the TownePlace Suites in Waco, Texas. Marcus & Millichap represented the seller and procured the buyer.
Phoenix-Area Self-Storage Assets Find Out-of-State Owner
Marcus & Millichap’s The Mele Group arranged the sale of a 608-unit self-storage portfolio, offering 86,963 square feet of rentable space. The two facilities offer value-add opportunities.
Partners Capital Buys Industrial Asset in 1031 Exchange
The purchase of the fully-leased 92,000-square-foot asset in San Bernardino, Calif., for nearly $8.7 million, marks the company’s sixth industrial acquisition in the past 18 months.
On the Market: 5 Interesting Listings for August
This month’s listings include a Texas retail property built in 1900 and completely renovated in 2015 and a mixed-use multifamily and retail asset in Brooklyn’s Williamsburg neighborhood.