Keith Loria
JLL Nabs Dallas M-F Brokerage Firm
JLL has acquired The Apartment Group, a market-leading multi-family brokerage firm in Dallas.
Wells REIT II Acquires 657 KSF Office Tower in San Francisco
Wells Real Estate Investment Trust II has acquired 333 Market St., a 33-story Class A office tower in the heart of San Francisco’s financial district, for a reported $447 million from the Korean Federation of Community Credit Cooperatives.
Ashford, Prudential Complete $216M Financing on Three-Hotel Portfolio
Ashford Hospitality, along with its joint venture partner, Prudential Real Estate Investors, has closed a $216 million refinancing loan secured by non-recourse senior mortgage proceeds for a three-property portfolio of hotels.
Retail Opportunity Investments Acquires $114M Grocery Anchored Portfolio
Retail Opportunity Investments Corp. has closed on three shopping centers and has a binding contract to acquire a fourth in a $114 million acquisition encompassing approximately 444,000 square feet of gross leasable space in Southern Calif.
Local Investors Purchase 190 KSF Building in Dallas’ Historic West End
A group of local investors headed by Slingshot Advertising CEO Owen Hannay has acquired 501 Elm Place, an approximately 190,000-square-foot landmark building in the heart of Dallas’ West End District, from a German investor group represented by International Capital.
Steelbridge Capital, Apollo Global JV Buys Miami Office Tower
In a JV, Steelbridge Capital and a real estate investment fund managed and advised by affiliates of Apollo Global Real Estate Management have acquired Concorde Centre II, the largest office purchase in Aventura, Fla. this year.
Pasha Group Sells Prime Midtown Manhattan Development Site
Pasha Group sold 546 W. 44th St., a prime development site located between 10th and 11th avenues in New York City’s Midtown West submarket. Cushman & Wakefield Inc. represented the company in the deal.
Friedland Properties Buys NYC’s 706 Madison Ave. for $142M
JLL represented BNY Mellon in the sale of 706 Madison Ave., a 19,100-square-foot, premier retail building that was sold to Friedland Properties for $142 million.
CalSTERS, GI Partners Fund Acquires San Diego Data Center
DataCore, a fund co-founded earlier this year by CalSTERS and GI Partners, has acquired a two-story data center and office building in a submarket of San Diego.
HFF Markets $133M Loan for M-U Development in Texas
HFF has sold a $133 million non-performing loan secured by Watters Creek at Montgomery Farm, a mixed-use development in Allen, Texas, on behalf of a five-member bank group to a joint venture group led by Fort Worth-based Trademark Property Co.