Jeff Hamann
Kimco Sells 370 KSF Midwest Shopping Center
Chase Properties and DRA Advisors used a $40 million Wells Fargo loan to fund the acquisition of Primrose Marketplace, an open-air retail property in Springfield, Mo.
Houston Office Asset Lands $92M Refinancing
The note, secured by HFF and held by PGIM Real Estate, matures after three years and has a variable interest rate.
Pacific Hospitality Acquires, Opens Dallas Hotel
The 256-key dual-brand hotel, opened under the Residence Inn and AC Hotel flags, broke ground in 2016 in the heart of the Dallas Midtown development.
Preferred Apartment Communities Grabs 2 Retail Assets
Publix grocery stores anchor both community shopping centers, which total nearly 140,000 square feet in the Nashville and Atlanta areas.
Retail Expansion Kicks Off Near Atlanta
The second phase of The Shops at Belmont will add more than 10,000 square feet to the property. Two tenants have signed leases and expect to open this fall.
Clarius Trades Phoenix Industrial Property
The two-building asset opened in 2017 and contains nearly 200,000 square feet. The structures are 71 percent leased to four tenants.
Cabinet Distributor Expands Houston HQ
Asia Cabinetry renewed its headquarters lease, expanding its footprint to more than 41,000 square feet in the Class B industrial asset.
Courtyard by Marriott Opens Doors in Austin
The Courtyard by Marriott Austin Northwest/Lakeline broke ground in 2015, offering 118 guestrooms across five floors and located minutes from a 1.1 million-square-foot, super-regional mall.
Steam Realty Development Lands $11M Financing
The firm plans to build a nearly 300,000-square-foot Class A speculative industrial property approximately 20 miles southwest of central Atlanta.
Atlantic Hotels Picks Up 2 DFW-Area Assets
An HFF team led by Pete Fehlman secured more than $20 million in acquisition financing for the 190-key hospitality portfolio.