Category Archives: Acquisition

Terreno Agrees to Pay $116M for 820,207 SF DC Industrial Portfolio

Terreno Realty Corp has entered into an agreement to acquire an industrial property in Washington, D.C. consisting of six buildings totaling 820,207 square feet for $116 million. The acquisition is…

REIT Agrees to Pay $146.8M for 211,170 SF Office Property in Arlington, VA

KBS Real Estate Investment Trust III reported on Wednesday that it has entered into an agreement to acquire 100 percent of the Class A voting units of a single asset…

KBS REIT III Agrees to Pay $116.7M for Ten Almaden in San Jose, CA

KBS Real Estate Investment Trust III, Inc. has agreed to acquire Ten Almaden, an office property containing 309,255 rentable square feet on 1.6 acres of land in San Jose, CA,…

HFF Finds Local Buyer for 260K SF Lexicon Pharmaceuticals Property in The Woodlands, TX

Griffin Properties Inc has agreed to pay $24.5 million for Lexicon Pharmaceuticals‘ (Nasdaq: LXRX) property in The Woodlands, TX, which is commonly known as 8800 Technology Forest Place. HFF served…

CCIT II Acquires Freeport Property in Phoenix, AZ for $110M

Cole Office & Industrial REIT (CCIT II), Inc. reported this week that it has acquired the Freeport McMoRan property in Phoenix, AZ for $110 million. The property is comprised of…

KBS REIT III Agrees to Acquire Reston Square for $48M

A wholly owned subsidiary of KBS Real Estate Investment Trust III has entered into an agreement to acquire Reston Square, an office property containing 139,071 rentable square feet on 2…

NYCR Buys 570 Seventh Ave for $170.3M, Signs The Carlyle Group to One-Year Lease

American Realty Capital New York City REIT, Inc. (NYCR), a public non-traded real estate investment trust (REIT), has completed its acquisition of 570 Seventh Avenue, an office property in Times…

KBS REIT III Pays $33.8M for Rocklin Corporate Center Near Sacramento

A subsidiary of KBS Real Estate Investment Trust III has acquired the Rocklin Corporate Center, an office property containing 220,020 rentable square feet on approximately 13.9 acres of land in…

Plymouth Industrial REIT Acquires 2.63M SF Portfolio for $95.6M

Subsidiaries of the operating partnership of Boston-based Plymouth Industrial REIT, Inc. have completed the acquisition of 13 industrial properties located in Illinois, Ohio and Tennessee. The properties consist of an…

Piedmont Office Realty Trust to Buy 25.2 Acres in Lake Mary, FL

Johns Creek, GA-based Piedmont Office Realty Trust, Inc. has entered into a binding agreement to purchase approximately 25.2 acres of land adjacent to its 400 TownPark property in Lake Mary,…