Alex Ciorogar
Residence Inn by Marriott Breaks Ground in Houston
The 182-key hotel broke ground near the Texas Medical Center. Moody National Hospitality Management will be responsible for managing the 5,000-square-foot property.
Transwestern Expands Industrial Portfolio in Florida
TA Realty sold the two-building industrial portfolio in Sanford, Fla. Comprising more than 213,000 square feet, the two properties offer quick access to major highways.
CareTrust Expands Health Care Portfolio
While providing mortgage financing for a SoCal property, CareTrust purchased other three skilled nursing facilities. Providence Group will be managing the assets.
Universal Orlando Lands 101-Acre Site
In a sale brokered by CBRE, Highlands REIT sold the site, the last and largest available industrial site in the Orlando tourism corridor, for more than $27 million.
Kidder Mathews Adds New San Diego VP
Veteran broker Peter Quinn has joined Kidder Mathews’ San Diego office. In his new role, he will be responsible for the company’s investment properties.
Residence Inn Salt Lake City Opens Doors
The 99-key Residence Inn Salt Lake City – West Jordan has opened its doors. Utah Hospitality of Aberdeen, S.D., will manage the property.
NKF Arranges Sale of San Diego Industrial Portfolio
Colony Capital sold a two-property industrial portfolio in central San Diego, comprising more than 132,000-square-foot.
San Diego Luxury Hotel Lands $85M Bridge Financing
Located in the city’s historic Gaslamp Quarter, the 317-key property is close to the San Diego Convention Center and Petco Park.
LA-Area Retail Center Sells for $38M
Weingarten Realty sold the 92,000-square-foot retail asset. More than half of its tenants are entering their 22nd year of contract. NKF represented the seller.
Stockdale Secures New Lease at Scottsdale Galleria
Indeed Inc. is expanding its Phoenix-area footprint, having signed for 53,000 square feet at the LEED-certified office property. The building recently underwent a $7 million renovation.