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LXP Industrial Trust has purchased the former University of Phoenix headquarters campus in Phoenix for $103 million — a 44% markdown from the $183 million that the seller paid in 2015.
The campus at 4025 S. Riverpoint Parkway covers 628,192 square feet on about 37 acres in south Phoenix. It holds three office buildings; a 10-story tower and two six-story towers; two pa...
In the largest single-property industrial sale seen in the Chicago market in more than five years, Realty Income has paid $124 million to acquire a 910,800-square-foot warehouse facility in University Park, Ill.
The property, located at 23301 S. Central ...
New York City-based Cohen & Steers Income Opportunities REIT, Inc. (CNSREIT) recently announced the acquisition of a high-quality community shopping center in Charlotte, N.C., through a long-term strategic partnership with Sterling Organization, a real estate investment firm that specializes in shopping centers in the U.S.
The property is Winslow Bay Commons, a sho...
Multinational corporation Costco Wholesale recently announced the acquisition of a 55-acre development site in Fort Myers, Fla. Located at the signalized intersection of Colonial Boulevard and Plantation Road with additional frontage along Metro Parkway, the site reportedly makes this purchase one of the largest and highest-value land sales in the history of the southwest Flo...
The Soloviev Group recently announced the successful refinancing of its flagship tower, 9 West 57th St. Lead lender Bank of America, along with Wells Fargo and Citi Real Estate Funding, originated a $1.80 billion, interest-only, fixed-rate commercial mortgage loan for the property, which will mature in June 2031,