Category Archives: Acquisition

Franklin St Taps HFF to Explore Sale of 303 East Wacker in Chicago

In a letter sent to shareholders on Thursday, George J. Carter of Boston-based Franklin St Properties said that his company has retained Holliday Fenoglio Fowler, L.P. to facilitate the potential…

REIT Pays $169.5M for 353 Sacramento in San Francisco

KBS Strategic Opportunity REIT, Inc. has acquired the 284,751 square foot office building at 353 Sacramento in San Francisco, CA for $169.5 million plus closing costs. The seller was Pacific…

Hines Global II Agrees to Pay $56.2M for 820K SF Amazon Warehouse in AZ

Hines Global REIT II, Inc. has entered into a contract to acquire Goodyear Crossing II, a Class-A industrial warehouse in the Phoenix submarket of Goodyear, AZ, for $56.2 million, exclusive…

REIT Acquires Nike’s 267K SF Tech Campus in Oregon for $45.5M

Griffin Capital Essential Asset REIT II, Inc. has acquired a four building, Class B office campus in Hillsboro, Oregon leased in its entirety to Nike, Inc. The purchase price for…

Prospectus Details $37.5M Loan on 15020 and 15030 Conference Center Dr in Chantilly

Credit Suisse has filed a prospectus related to its CSAIL 2016-C6 Commercial Mortgage Trust deal, which is comprised of 50 loans secured by 363 commercial properties having an aggregate principal…

Hines Agrees to Pay $140M for Cottonwood Corporate Center in Utah

  Hines Global REIT II, Inc. has entered into a contract to acquire Cottonwood Corporate Center, a four-building, Class-A office project located in Cottonwood, Utah, a submarket of Salt Lake…

Hines Again Under Contract on the Domain Apartments in Henderson, NV

Hines Global REIT II, Inc. is again under contract to acquire the Domain Apartments, a multi-family community in Henderson, Nevada. The sale price is $58.2 million, exclusive of transaction costs,…

Naperville Multifamily Community Selling for $66.7M

Resource Real Estate Opportunity REIT II, Inc reported Monday that it has agreed to purchase a 319-unit multifamily community in Naperville, IL for $66.7 million plus closing costs. The buyer…

Industrial Property Trust Agrees to Pay $189M for 15-Building California Portfolio

A subsidiary of Industrial Property Trust Inc. has entered into an agreement to acquire the Golden State Industrial Portfolio, 15 industrial buildings totaling 1.4 million square feet on approximately 81.5…

Prospectus Details Dweck’s $88M Mortgage Loan on Rolling Brook Village in Woodbridge

Wells Fargo has filed a prospectus related to the collateral and structure of its Wells Fargo Commercial Mortgage Trust 2015-P2 transaction, which includes information on the $88 million mortgage loan…