by Kipp Gillian | Jun 3, 2024 | Office
Partner Valuation Advisors, a Chicago-based appraisal firm, has hired McKenna Luke, MAI, who joins to lead the firm’s National Hospitality Practice Group. Luke will be responsible for driving the growth of the firm’s hospitality work related to appraisals, market...
by Kipp Gillian | Jun 3, 2024 | Industrial
B+E, an investment brokerage firm specializing in net lease real estate, announced the sale of a FedEx Ground distribution facility in Portland’s Swan Island Industrial Park for $32.5 million. The cap rate establishes the 2024 benchmark cap rate for FedEx. B+E...
by Kipp Gillian | Jun 3, 2024 | Multifamily
Berkadia closed the sale of Bella Vista, an 88-unit, garden-style multifamily property in Tacoma, Washington, for $18.5 million. Senior Managing Director Kenny Dudunakis, Managing Directors Benjamin Johnson, David Sorensen, and Jay Timpani, and Directors George Pallis...
by Kipp Gillian | Jun 3, 2024 | California Real Estate
Allen Matkins has added a leading real estate transactional team is joining the firm across California. The group includes partners Dean Pappas, Jennifer Sung and Shaunt Kodaverdian, senior counsel Julia Lee and associate Brenn Coyle. All are joining from...
by Kipp Gillian | Jun 3, 2024 | Office
Newmark completed the sale of 7083 Hollywood Blvd., a Class A value-add office investment property strategically at the intersection of Hollywood and La Brea in Los Angeles. The property sold for $25.5 million. Kevin Shannon, co-head, U.S. capital markets and vice...