Category Archives: REITs

Foundation Medicine Expanding in Cambridge, MA

Foundation Medicine, Inc., a molecular information company, has amended its lease with landlord ARE-MA Region No. 50, LLC for the Company’s headquarters at 150 Second St in Cambridge, Mass. Under…

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…

$150M COPT Office Portfolio Loan Becomes Delinquent for First Time

The $150 million COPT Office Portfolio loan, which is backed by two office properties in Chantilly, VA, has been transferred to a special servicer after becoming delinquent for the first…

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…

WRIT Trading Lease Proposals with World Bank, Booz Allen

During their quarterly conference call with analysts last week, executives with Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) said they have traded proposals with both World Bank and Booz Allen…

Kirkland’s Signs Lease to Relocate, Expand HQ in Nashville

Kirkland’s, Inc. has entered into an agreement to relocate its current Nashville, TN headquarters to a new location several miles away, according to a filing with the Securities and Exchange…

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…