Barbra Murray
HREC Brokers Midwest Hotel Portfolio Sale
Acting on behalf of The Raymond Group and North Central Group, the firm sold three Hampton Inn properties in Wisconsin and Iowa.
Banyan Street, EII Realty Form New Investment Manager
The freshly minted vehicle, Banyan Street Real Estate Funds LLC, will focus on value-add and opportunistic strategies under the guidance of two former Ell Realty executives.
Rosenthal, PGIM Buy Richmond-Area Retail Portfolio for $125M
The companies have formed a joint venture to acquire the 745,000-square-foot collection of five grocery-anchored shopping centers from Marchetti Properties.
EverWest Arranges $63M Refi for Dallas Office Complex
Together with Korea-based investment clients, the company closed on a five-year loan for Fortis Property Group’s refinancing of The Colonnade, a 1 million-square-foot trophy property in Addison, Texas.
E-commerce, Logistics Firms Lead Industrial Leases in 2018
Manufacturers and retailers have taken a back seat, accounting for a decreasing number of space commitments, the latest CBRE research shows.
Coyote Logistics to Anchor Detroit Mixed-Use Development
The logistics company is establishing a tech hub on two floors of The Assembly, Bedrock’s redevelopment of a historic warehouse in the city’s Corktown neighborhood.
Waterford Hotel, Waterton Form New Venture
Waterford took over operations of a 1,600-key group of eight Waterton hotels, increasing its portfolio to 41 properties totaling 6,200 guestrooms.
Colony Industrial Buys $1B Portfolio
The company acquired the seven-state collection of high-quality facilities from Dermody Properties, enhancing its footprint by 11.9 million square feet.
Saban Sells, Buys $600M in Office Assets
The investment firm sold a 1.5 million-square-foot national portfolio and, as part of its strategy to acquire government-occupied properties, purchased a 340,000-square-foot building in Washington, D.C.
Hines Buys 430 KSF Campus in San Francisco Bay Area
Oakmead West, a complex of office/R&D buildings in Sunnyvale, last changed hands in 2013, when Deutsche Asset & Wealth Management acquired it for $119 million.