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KYLE, TEXAS — JLL has arranged the sale of Kyle Crossing, a 121,485-square-foot retail center located in the Central Texas city of Kyle. Target, Kohls and Petco are the center’s anchor tenants. A partnership between Elm Creek Real Estate and Reserve Development LLC acquired the asset from SITE Centers Corp., an Ohio-based retail REIT, for an undisclosed price. Adam Howells, Tom Salanty and Caroline Binning of JLL brokered the deal.

JLL Arranges Sale of 121,485 SF Retail Center in Kyle, Texas - CRE firms KYLE, TEXAS — JLL has arranged the sale of Kyle Crossing, a 121,485-square-foot retail center located in the Central Texas city of Kyle. Target, Kohls and Petco are the center’s anchor tenants. A partnership between Elm Creek Real Estate and Reserve Development LLC acquired the asset from SITE C...

MORENO VALLEY, CALIF. — Rockefeller Group has acquired an 8.8-acre industrial land site in Moreno Valley for the development of Centerpointe Commerce Center, an industrial distribution facility. The company plans to begin construction of a 203,000-square-foot project this fall, with completion expected in summer 2020. Located on Cactus Avenue, the cross-docked building will feature 32-foot clear ceiling heights, 8,000 square feet of speculative office improvements, 109 auto parking stalls and 27 trailer parking stalls. Rockefeller Group acquired the property fully entitled and zoned from Newcastle Partners for $5.9 million.

Rockefeller Group to Develop 203,000 SF Centerpointe Commerce Center in California - CRE firms MORENO VALLEY, CALIF. — Rockefeller Group has acquired an 8.8-acre industrial land site in Moreno Valley for the development of Centerpointe Commerce Center, an industrial distribution facility. The company plans to begin construction of a 203,000-square-foot project this fall, with completion exp...

SEATTLE — Unico Properties, a subsidiary of Unico Investment Group, has purchased Washington Park Building, a historic building located in Seattle’s Pioneer Square submarket. Terms of the sale were not disclosed. The four-story Washington Park Building features 36,000 square feet of office space, with 83 percent leased to a number of small tenants. Originally constructed in 1890, the building was built for the Lowman & Hanford Stationery and Printing Co. [ 72 more words ]

Unico Properties Buys Historic Washington Park Building in Seattle’s Pioneer Square District - CRE firms SEATTLE — Unico Properties, a subsidiary of Unico Investment Group, has purchased Washington Park Building, a historic building located in Seattle’s Pioneer Square submarket. Terms of the sale were not disclosed. The four-story Washington Park Building features 36,000 square feet of office space...