Bay Area R&D Facility Trades for M

Bay Area R&D Facility Trades for $82M

In an $81.5 million deal, Cannae Partners and Blue Vista Capital Management have sold the Silicon Valley Innovation Hub in San Jose. The building is fully leased to Merck. The buyer, Klein Investments Family Limited Partnership, was represented by Michael…
Retail Owners Gain Leverage in JLL Report

Retail Owners Gain Leverage in JLL Report

Retail landlords can find some good news in JLL’s United States Retail Outlook for the second quarter. Retail net absorption increased 75.4 percent quarter-over-quarter to 7.7 million square, particularly in community centers, lifestyle centers and Class C malls. Tenants are…
Dalfen, Centerbridge Add to IOS Portfolio

Dalfen, Centerbridge Add to IOS Portfolio

The property at 2 Gowin St. in Sayreville, N.J. Image courtesy of Dalfen Industrial The joint venture between Dalfen Industrial and Centerbridge Partners is continuing to expand its industrial outdoor storage portfolio across the U.S. This time, the partnership acquired…
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