Appraised Value of 6116 Executive Blvd in Rockville, MD Slashed by Two-Thirds

The 207,055 square-foot office building at 6116 Executive Boulevard in Rockville, MD, also known as Rockville Executive Office Center I, has seen its appraised value slashed by two-thirds, according to…

Kirkland’s Signs Lease to Relocate, Expand HQ in Nashville

Kirkland’s, Inc. has entered into an agreement to relocate its current Nashville, TN headquarters to a new location several miles away, according to a filing with the Securities and Exchange…

Verastem Signs HQ Lease at 117 Kendrick Street in Needham, MA

Verastem, Inc. has entered into a lease agreement with landlord Intercontinental Fund III 117 Kendrick Street, LLC for 15,197 square feet of space at 117 Kendrick Street in Needham, Mass….

Special Servicer Pursuing Foreclosure on Tyngsboro, MA Retail Property

A $17.625 million loan on the TJ Maxx Plaza, a 136,206 square-foot retail property in Tyngsboro, Mass., has been transferred to a special servicer, which is pursuing a foreclosure on…

Industrial Property Trust Paying $4.1M for South Florida Distribution Center

A subsidiary of Industrial Property Trust Inc. has entered into an agreement to acquire a 100% fee interest in the Medley Distribution Center, one industrial building on 2.1 acres in…

The Streets of West Chester in West Chester Township, OH Sells for $40.5M

Publicly registered, non-traded REIT American Realty Capital – Retail Centers of America, Inc. has closed on its acquisition of the fee-simple interest of The Streets of West Chester lifestyle center…

Capella Education Returning 55,000 SF at Namesake Tower in Downtown Minneapolis

Capella Education Company has accepted notice to activate an amendment to its current lease with Minneapolis 225 Holdings, LLC for its premises at 225 South Sixth Street in Minneapolis, MN,…

Non-Traded REIT Agrees to Buy Southway Shopping Center in Houston for $29.2M

Publicly registered, non-traded REIT American Realty Capital – Retail Centers of America, Inc. has entered into an agreement to acquire the Southway Shopping Center in Houston, TX. The seller of…

“Shark Tank” Contestant Plated Subleases Space in Elk Grove Village

Springfield, Mass-based Hot Mama’s Foods, a specialty food manufacturer, co-packer and private label resource for organic, all-natural, and gourmet foods, has subleased the space it leases at 2500 Lunt Ave…

Non-Traded REIT Agrees to Pay $25.5M for Prairie Towne Center in Schaumburg, IL

Publicly registered, non-traded REIT American Realty Capital – Retail Centers of America, Inc. has entered into an agreement to acquire the Prairie Towne Center in Schaumburg, Illinois. The seller of…