Category Archives: Acquisition

REIT Buys Keurig Green Mountain Facility in Burlington, Mass for $39.4M

ARCP OFC Burlington MA, LLC, a subsidiary of Cole Office & Industrial REIT (CCIT II), Inc., has entered into an agreement of purchase and sale with Burlington Crossing Realty Trust…

German Investor Agrees to Pay $164.5M for 50 South Tenth St in Minneapolis

FSP 50 South Tenth Street Corp., an affiliate of Wakefield, Mass-based Franklin St Properties, has agreed to sell 50 South Tenth St in Minneapolis, Minnesota to Union Investment Real Estate…

Prospectus Details $75M Loan on 200 West Monroe

J.P. Morgan Chase Commercial Mortgage Securities Corp. has filed a prospectus related to its commercial mortgage-backed securities (CMBS) transaction, J.P. Morgan Chase Commercial Securities Trust 2014-C20, which is comprised of…

Salvation Army Buys Two Park Center in Hoffman Estates for $8.825M

A joint venture partnership between Wells Real Estate Fund XIII, L.P. and Piedmont Operating Partnership, LP, has sold Two Park Center, the four-story office building in Hoffman Estates, IL, to…

KBS Pays $85.1M for Anchor Centre in Phoenix, AZ

A subsidiary of KBS Real Estate Investment Trust III, Inc. has acquired the Anchor Centre in Phoenix, AZ for $85.1 million plus closing costs. The property consists of two office…

Chicago Data Center in Northlake, IL Sells for $211.7M

A subsidiary of Carter Validus Mission Critical REIT, Inc. has acquired 100 percent of the fee simple interest in the Chicago Data Center, a multi-tenant data center facility in Northlake,…

Physicians Realty Trust Spending $19.5M on Two Indiana Assets

Physicians Realty Trust, a healthcare REIT that acquires, develops, owns and manages healthcare properties that are leased to physicians, hospitals and healthcare delivery systems, committed $19.5 million toward the acquisition…

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…

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…