Category Archives: REITs

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…

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,…

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…

Hartman Acquires One Technology Center in San Antonio, TX for $19.575M

A subsidiary of Hartman Short Term Income Properties XX Inc has acquired One Technology Center, the 196,348 square foot office building in northwest San Antonio, TX, for $19.575 million, exclusive…

Inotek Pharmaceuticals Relocating HQ to 91 Hartwell Ave in Lexington, MA

Inotek Pharmaceuticals Corp has entered into a lease agreement with landlord 91 Hartwell Avenue Trust, an affiliate of Boston Properties, for space in the building at 91 Hartwell Ave in Lexington,…

DuPont Fabros Commences Development on Phase III of ACC7 Data Center in Ashburn, VA

DuPont Fabros Technology (DFT) reported Tuesday that it has commenced development on Phase III of its ACC7 data center, which is expected to consist of 11.9 megawatts of critical load…

MVP REIT Pays $8.375M for Houston Parking Garage

San Diego, CA-based MVP REIT, Inc. has closed on its purchase of the parking lot at 611 Fannin St in Houston, Texas for $8.375 million in cash. The parking garage…