Category Archives: REITs

Industrial Property Trust Agrees to Acquire O’Hare Distribution Center for $27.1M

IPT O’Hare DC LLC, a subsidiary of Denver, CO-based Industrial Property Trust Inc., has entered into an agreement to acquire a 100 percent fee interest in the O’Hare Distribution Center,…

Industrial Property Trust Agrees to Acquire Corridor Industrial Center II for $27M

IPT Acquisitions LLC, a subsidiary of Denver, CO-based Industrial Property Trust, has entered into an agreement to acquire Corridor Industrial Center II, three industrial buildings totaling 429,000 square feet on…

REIT Originates First Mortgage Loan on 655 Summer St in Boston

A subsidiary of KBS Strategic Opportunity REIT II, Inc. has originated a first mortgage loan on 655 Summer Street, a three-story office building in Boston, Massachusetts. The borrower is 655…

Duke Realty Signs ChannelAdvisor Corp to 136,538 SF HQ Lease in Morrisville, NC

ChannelAdvisor Corp has entered into a new headquarters lease with Duke Realty LP for Suites 100, 300, 400, and 500 in a building to be constructed at 3025 Carrington Mill…

Hines Agrees to Sell Airport Corporate Center Near Miami for $132.3M

Houston-based Hines Real Estate Investment Trust, Inc. has entered into a contract to sell Airport Corporate Center, a portfolio of properties located in the Miami Airport submarket of Miami, FL….

Industrial Property Trust Commits $43M to Properties in Dallas, San Francisco, Atlanta

Denver-based Industrial Property Trust has committed $43 million to three industrial buildings in the Dallas, San Francisco and Atlanta markets. On August 5, 2014, the company entered into an agreement…

First Industrial Sells Six Baltimore Industrial Properties

First Industrial Realty Trust, Inc. reported Tuesday that it has sold six industrial properties in Baltimore, Maryland for gross proceeds of $28.5 million. The assets are comprised of approximately 0.4…

171 17th Street in Atlanta to Sell for $132.5M

A subsidiary of KBS Real Estate Investment Trust III, Inc. has entered into an agreement to acquire the 509,237 rentable square foot office property at 171 17th Street in Atlanta,…

KBS Sells Torrey Reserve West in San Diego for $39.2M

A subsidiary of KBS Real Estate Investment Trust II, Inc. has sold Torrey Reserve West in San Diego, CA to a subsidiary of California State Teachers’ Retirement System (CalSTRS) for…

Steadfast Apartment REIT Pays $27.9M for Harrison Place Apartments in Indianapolis

A subsidiary of Steadfast Apartment REIT, Inc. has acquired a fee simple interest in Harrison Place Apartments, a 307-unit multifamily residential community in Indianapolis, IN, for $27.9 million, exclusive of…