Amalia Otet
Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.
Parkway Closes on $22.5M Tampa-Westshore Office Building Purchase
Parkway Properties, Inc., in the wake of its recent shopping spree, has also announced closing on the previously announced deal to acquire the Westshore Corporate Center in Tampa for a net purchase price of $22.5 million.
Houston Office Market Heats Up as 3 Buildings Change Hands; Invesco Emerges as Williams Tower Buyer
With Houston having already set an annual record in office sales, December closings will certainly stand as confirmation as investors seem to be herding local properties at an unusual pace.
Dual-Branded Hilton Opens in Midtown; Imperial Hotel Renovation Eyes LEED Gold Certification
Midtown Atlanta is now home to Georgia’s first dual-branded hotel, as Hilton Worldwide has recently celebrated the opening of its newest hotel, Hilton Garden Inn® and Homewood Suites by Hilton.
PM Realty Buys Greenway Plaza Site for New Mixed-Use Development
Having recently broken ground on what could become Houston’s tallest apartment building—the 2929 Weslayan project—PM Realty Group has now purchased a 4.97-acre site with plans for a two-phase, mixed-use project.
364-Acre Ranch Retreat Sells at Auction
Anabelle Island, a 364-acre private ranch estate located 30 minutes south of Jacksonville, recently changed hands at an auction.
RLJ Lodging Agrees to Pay $71.6M for New Hilton in Miami Beach
The yet-to-be-completed 231-room Hilton Cabana Miami Beach will soon have new owners, as RLJ Lodging Trust has recently announced that it has entered into a purchase and sale agreement to acquire the property upon completion for $71.6 million.
$21M Houston Sale Marks Weingarten Realty’s Exit from Industrial Sector
In a move to reinforce its position as a shopping center owner, manager and developer, Weingarten Realty Investors has closed on the sale of its interest in three industrial joint ventures to Exeter Property Group’s Fund II.
Parmenter Realty Buys Two Tampa Office Buildings from Prudential for $85M
Miami-based Parmenter Realty Partners added 494,813 square-feet of office space to its portfolio when it purchased two Class A office buildings on Rocky Point Island in Tampa, Fla. for $85 million.
Related Group Buys $18.5M Mixed-Use Development Site
Another Related Group apartment development could rise at the intersection of Coral Way and South Miami Avenue, as the company recently closed on the $18.5 million purchase of a 1.29-acre mixed-use development site. The site is approved for the development of a 556-unit residential tower plus 15,049 square feet of retail space and 38,357 square feet of office space.
ADT Moves to Camp Creek Business Center; Brennan Investment Group Buys Ball Ground Industrial Facility
ADT Security Services—a provider of electronic security and monitoring systems—will soon move into Duke Realty’s 17-building Camp Creek Business Center located in the Atlanta Airport submarket. ADT recently signed a lease for 58,080 square feet that it plans on occupying in the first quarter of 2013.