Detroit's new Huntington Bank headquarters sold for $150M | Crain's Detroit Business
Boca Raton, Fla.-based The Herrick Company Inc. is the new owner of the 20-story building at Woodward Avenue and Adams Street.
Source: crainsdetroit.com
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CBRE brokers $30M industrial trade on 1-95 corridor
CBRE announced the $29.37 million sale of Runnemede Corporate Center, a seven-building, 304,077 s/f light industrial portfolio serving the greater Philadelphia last-mile and regional distribution markets in Runnemede, New Jersey. Richards & Robbins sold the portfolio, which includes four development parcels with expansion potential of nearly 125,000 s/f, to Faropoint, an industrial investment firm that has been actively engaged in the commercial real estate market of the Southeast, Mid-Atlantic, and Midwest regions of the United States. The CBRE National Partners’ team comprised of Michael...
Source: rew-online.com