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Rexford buys Calif. asset for $20M; Four Corners pays $4M for Mich. property

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Rexford buys Calif. asset for $20M; Four Corners pays $4M for Mich. property

This feature rounds up recent commercial property news and highlights larger deal coverage already published.

* Rexford Industrial Realty Inc. acquired a 148,740-square-foot, single-tenant industrial building on 6.21 acres of land at 14421-14441 Bonelli St. in the City of Industry for $19.5 million and sold three buildings totaling 48,000 square feet on 3.23 acres of land at 311, 319 and 329 E. 157th St. in Gardena, Calif., for $10.4 million.

* Four Corners Property Trust purchased a BJ's Restaurant and Brewhouse property in Michigan for $4.2 million.

* Consolidated-Tomoka Land Co. sold 4.095 acres of land in an opportunity zone near the East Coast Surgery Center in Florida for about $935,000.

* Hi-Five Sports Zone is leasing 14,000 square feet at Brookfield Property Partners LP's Northbrook Court shopping center in Illinois, The Real Deal reported.

Additional coverage

Preferred Office Properties affiliate buys NC commercial asset for $209M

New York Life affiliate pays $166M for Atlanta office tower

Pacific Reach Properties buys Chicago rental building for $121M

East End Capital buys minority stake in $120M NYC office portfolio

Inland Residential Properties to sell Montgomery, Ala., apartments for $41M