Keith Loria
KBS REIT III Acquires Salt Lake City Office Tower for $170M
KBS REIT III has acquired 222 Main, a Class A, LEED Gold office tower in the center of Salt Lake City’s CBD, for $170 million.
Ashford Hospitality Prime Acquires Chicago Hotel for $153M
Ashford Hospitality Prime has acquired a 415-room hotel in the desirable Gold Coast submarket of Chicago from The Blackstone Group for $153 million.
Southwest Value Partners Acquires 463 KSF Office Building in Chandler, Ariz.
Southwest Value Partners has acquired Continuum Business & Technology Park, a Class A office building on 152 acres in Chandler, Ariz., from Capital Commercial Investments for $52 million.
Stream Realty Partners Gets Financing for Power Center in Houston Area
Stream Realty Partners has received joint venture equity and construction financing for a 165,000-square-foot power center development in Pearland, Texas.
TrendLines Yields 6 CRE Megatrends in 2014
The recent TrendLines event produced by Transwestern and research affiliate Delta Associates in Washington, D.C., offered six key themes for investors to consider in 2014.
George Smith Partners Secures $51M in Construction Financing for M-F Project in Las Vegas
George Smith Partners has arranged $51 million in construction financing for the development of Elysian at the District, a 360-unit Class-A multi-family community in Las Vegas, on behalf of a joint venture between The Calida Group and Cypress Equity Investments.
KDC to Develop 2 MSF Transit-Oriented Project in Metro Atlanta
KDC is developing a 2.2 million-square-foot corporate office development on 17 acres in the Perimeter Center area of Dunwoody, Ga.
Crocker Partners Buys 174 KSF Office Building in Maitland, Fla.
Crocker Partners has acquired 851 Trafalgar Court, a 174,048-square-foot office building in Maitland, Fla., and plans to reposition the four-story lakefront building to attract quality tenants.
Coldwell Banker Commercial Alliance Opens New Miami Office
Coldwell Banker Commercial Alliance has opened a new brokerage and advisory services operation in Miami, with commercial real estate brokerage veteran and former Miami-Dade municipal mayor Jim McCoy at its helm.
BDO Forecasts RE Trends for 2014
BDO USA revealed its outlook for real estate in 2014, noting that the year has started with gradual improvement and will most likely continue steady growth throughout the next 12 months.