Johnson & Assoc. Purchases Retail Bldg. for $1.15M
Bristol-based developer Johnson & Associates acquired 5914 University Parkway in Winston-Salem, NC from a private owner for $1.15 million or about $288 per square foot.The 3,986-square-foot retail building, built in 1975 and renovated in 2002, is…

99,900-SF Warehouse Trades in Sale Leaseback
A private investment firm called Sunshine Boys Investments, LLC acquired 628 Forum Parkway in Rural Hall, NC from Omli Commercial Properties, LLC for $1.3 million or about $13 per square foot.The 99,900-square-foot industrial building was built in…

CoStar's Daily Deals of Note for Tuesday
PHOENIXSumitomo Buys Tempe High-Rise for $93Mby Dale ZavodskySumitomo Corp. of America, the New York-based international trading and investment business enterprises corporation, acquired 60 E. Rio Salado Parkway in Tempe for $93 million, or…

Under Contract (June 22-28): $1.6 Billion of Properties
In this week’s issue:Exxon Mobil is shedding gas stations;Washington REIT is adding to DC portfolio;Univ. of North Carolina goes shopping for shopping centers;Plus, we give you the latest properties Under ContractExxon MobilBy: Sasha PardyExx