Adriana Marinescu
Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Manhattan Luxury Hotel Gets $31M Refi
Madison Realty Capital originated the loan for the 81-key GEM Hotel in Chelsea. The sponsor acquired the property, which previously served as a residential building, in 2007.
Lincoln Property Completes OC Office Campus Renovation
Katella Office Campus is a two-building, 150,000-square-foot property in Los Alamitos, Calif. The developer used a $21.2 million construction loan to implement the upgrades.
Cushman & Wakefield Brokers AZ Industrial Sale
Conor Commercial Real Estate and Globe Corp. sold AZ|60 Industrial for $27 million. The two-building property in Gilbert encompasses 225,600 square feet.
Manufacturer Signs New Central FL Lease
The Dikman Co. worked on behalf of tenant MKZ Inc. in securing the 4,000-square-foot lease in Tampa’s Madison Business Park.
LA-Area Office Building Changes Hands
Excelsior Partners has acquired a 49,336-square-foot building in Torrance. Team Shannon Private Capital Group negotiated the deal on behalf of the seller.
Publix Acquires Atlanta-Area Shopping Center
Acting on behalf of the seller, HFF has arranged the disposition of a 112,427-square-foot, Publix-anchored retail center in East Cobb, Ga.
South FL Amazon-Leased Warehouse Changes Hands
Dalfen Industrial is the new owner of the industrial asset in the North Central Miami-Dade submarket. The roughly 200,000-square-foot facility traded for $24 million.
Alteon Health Relocates Maryland HQ
The health care solutions provider has leased more than 24,000 square feet at Milestone Business Park in Germantown, with J Street Cos. assisting the tenant in the transaction.
Choice Hotels Opens Southwest FL WoodSpring Suites
The 123-key extended-stay hotel is the newest addition to the brand’s Florida portfolio. The developer, Gold Coast Premier Properties, plans to open several WoodSpring Suites in three states.
South FL State Agencies Ink 19 KSF Leases
The Florida Department of Corrections and the Florida Department of Children and Families are the newest tenants at Lauderdale Marketplace in Lauderdale Lakes. Berger Commercial Realty/CORFAC International arranged both leases.