Keith Loria
KBS Realty Advisors Acquires Top Raleigh Office Tower for $98.4M
KBS Realty Advisors acquired Captrust Tower, a prestigious, 300,389-square-foot office and retail building in the North Hills area of Raleigh, N.C., for a reported $98.4 million.
Lynd Residential Acquires 438-Unit M-F in Houston
Lynd Residential Properties acquired the Limestone, a 21-building, 438-unit apartment complex in the Briar Forest-Ashwood submarket of Houston, with plans to upgrade the property and thus increase its value.
Block Funds Acquires 396-Unit Luxury M-F Project in Texas
Block Funds, a Kansas City, Mo.-based commercial real estate fund sponsor, has acquired The Settlement, a 396-unit luxury apartment home community located in Kyle, just south of Austin.
TCC, Principal to Develop New 456 KSF BTS in Houston
Leading independent energy company Noble Energy has hired the joint venture of Trammell Crow Co. and Principal Real Estate Investors to develop Noble Energy Center Two, a 456,000-square-foot office building located in Houston’s Northwest submarket.
Mack-Cali Constructing M-U Development Project in East Boston
The Roseland subsidiary of the Mack-Cali Realty Corp. has commenced construction on Portside at Pier One, a 176-unit luxury apartment project on the East Boston waterfront.
Host Hotels & Resorts Sells Atlanta’s Largest Hotel for Reported $293M
Host Hotels & Resorts has sold the 1,663-room Atlanta Marriott Marquis to an undisclosed buyer for a reported $293 million.
Parkway Properties Buys 264 KSF Tempe Office Tower for $66M
Parkway Properties has cemented its presence in the Tempe office market with the $66 million acquisition of Tempe Gateway, an eight-story, Class A multi-tenant office building.
Avison Young Buys Houston-Based Mason Partners
Canada’s largest independently owned commercial real estate services company, Avison Young, continues to expand its offerings with the acquisition of Mason Partners, a Houston-based commercial real estate brokerage company, for an undisclosed amount.
Inland American Acquires Two Necessity-Based Shopping Centers for $95M
Inland American Real Estate Trust has purchased two necessity-based shopping centers in Oklahoma and Texas for a combined total of approximately $95 million.
Win Properties Refinances 56-Property National Retail Portfolio
Win Properties has refinanced a 56-retail property portfolio with ING Investment Management for $63 million.