Jeff Hamann
Invesco Real Estate Buys $129M FL Industrial Portfolio
The deal includes approximately 1.9 million square feet of warehouse space spread across three buildings in Jacksonville’s Westside and Northside submarkets.
DRA Advisors Buys Minneapolis Office Portfolio
The nearly $74 million deal includes two high-rises totaling more than 620,000 square feet of Class A space in the city’s central business district.
Nashville Office High-Rise Commands $105M
The 26-story Class A tower last changed hands in November 2013, when Shidler Group shelled out $103 million for the Union Street asset.
North FL Hotel Project Lands $20M Financing
Plans for the Homewood Suites in St. Augustine, Fla., call for more than 100 guestrooms along the San Sebastian River.
Shorenstein Properties Pays $135M for Nashville High-Rise
Wells Fargo Bank provided the buyer of the 600,000-square-foot Class A office tower with more than $100 million in acquisition financing.
Northern Nashville Office Changes Hands
The Dilweg Cos. traded the nearly 166,000-square-foot Class B asset for more than $26 million, with Pinnacle Bank providing the buyer with acquisition financing.
Wheelock Street Capital Pays $112M for Nashville Office
SunTrust Bank provided the buyer of the recently renovated, nearly 436,000-square-foot Class A high-rise with roughly $72 million in acquisition financing.
Nashville High-Rise Development Secures $280M Loan
A joint venture between AECOM Capital and The Congress Group plans to construct a 40-story tower that will include a 232-key luxury hotel and condominiums.
Piedmont Sells DC Office Asset for $170M
The Class A, nine-story property’s tenant roster includes several government tenants. The previous owner renovated the building five years ago.
Somerset Properties Trades Milwaukee Office Portfolio
The six assets, which contain nearly 400,000 square feet, sold for close to $38 million. The seller purchased the buildings in 2012 as part of a $195 million portfolio deal.