STAG Capital buys 3-property portfolio

STAG Capital Partners acquired three manufacturing facilities in Gadsden, Ala., for an undisclosed price.

The total size of the portfolio is approximately 195,000 square feet. The three buildings, located adjacent to one another on 17 acres of land, are each approximately 65,000 square feet.

Hickory Hills Leasing LLC sold the portfolio.  more...

Connecticut apartments sell for $52.5 million

The Hawthorne at Gillette Ridge, a 246-unit luxury apartment community in Bloomfield, Conn., has been sold for $52.5 million.

The property, located at Two Francis Way, was built in 2004 as part of the master-planned development within the corporate campus setting of CIGNA Corp., which features a mix of residential, retail and office space.

The apartment community features 19 unique floor plans within 10 three-story buildings.  more...

Energy company commits to Denver

Noble Energy Production Inc. has renewed and expanded its office lease to 109,113 square feet at Denver's World Trade Center for an undisclosed price.

The space, built in 1980 and owned by Transwestern Broadreach WTC, is located within a class A building located at 1625 and 1675 Broadway. The 393,742-square-foot asset was the recipient of the 2001 BOMA Building of the Year Award, according to a press statement.  more...