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A breakdown of the portfolio traded includes 46 buildings totaling 9.9 million square feet principally in Poland, France and Hungary and 40 buildings totaling 6.6 million square feet primarily in Seattle, Dallas and Chicago.
Plymouth Industrial has also signed a definitive agreement to acquire a 1.1-million-square-foot, multi-tenant Class B industrial property in Cincinnati for $24.8 million.
Washington Prime Group says it expects to use loan proceeds to reduce outstanding balances on its credit facility and for its ongoing redevelopment efforts.
Esperanté Corporate Center is one of only three Class AA office towers in West Palm Beach and is the market's newest office building following a renovation that was completed in the first quarter of 2018.
Third quarter leasing activity was 25.4% above Manhattan's five-year historical average and a sizable 48.5% above its 10-year average, according to a report released by commercial brokerage firm Colliers International.
The San Diego-based real estate owner and operator acquired the 235,214-square-foot property in the Warner Center/Woodland Hills area of Los Angeles for $93 million from Fairfield Warner LLC.
Torrey Square posted the lowest base rent per-leased-square-foot in Whitestone's wholly-owned portfolio. Since its IPO in 2010, Whitestone has improved its base rent per leased square foot by over 80%.
The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum in Fort Myers, FL for $16.5 million or approximately $111,000 per key.