Southeast

The portfolio Sweden-based Hemfosa will acquire includes office, warehouse and logistic assets and totals approximately 460,000 square meters or nearly 5 million square feet.

Meanwhile, the vacancy rate in the District rose to 14% in Q2 -- an increase of 170 basis points (bps) year over year and the city's highest vacancy rate since 2014.

The acquired timberlands are projected to grow from the current 2.8 million tons of annual harvest volume to more than five million tons by 2028.

The Miami office market in the second quarter continues to show signs of leveling off, JLL reports. The market year-to-date has registered 153,698 square feet of negative office space absorption and a total vacancy rate of 14.2%.

Collateralized loan obligations -- the erstwhile CDOs -- have re-emerged and are adding more liquidity for borrowers seeking flexible and bridge loans.

In the first deal, recently formed LBX Investments of Los Angeles has purchased Alfaya Commons, a 130,811-square-foot shopping center at 11792-11970 East Colonial Drive from Regency Centers in a deal valued at $19.8 million.

It paid $82.5 million for the site or $589,000 per acre.

Colliers has acquired 75% of Harrison Street, with the senior management team of Harrison Street owning the balance of the equity.