Lucia Morosanu
Albuquerque-Area Office Asset Changes Hands
This is the first time the 45,000-square-foot Rio West Business Park in Rio Rancho, N.M., changed ownership since 2005.
Marcus & Millichap Facilitates Texas Industrial Sale
First Vice Presidents Tim Speck and Adam Abushagur procured the buyer and represented the seller in the disposition of a 536,141-square-foot facility in Tyler.
Courtyard by Marriott in Virginia Sells for $20M
Excel Group’s purchase of the 191-key Courtyard by Marriott Springfield marks the seventh major transaction for the company in the last year.
Atlanta Office Property Trades for $120M
Farallon Capital Management and Crocker Partners intend to invest in renovations of the common areas and amenities at the 646,471-square-foot former headquarters of The Home Depot.
Houston Office Portfolio Trades in Energy Corridor
LNR Partners previously purchased the two-building, 176,000-square-foot Parkview complex out of foreclosure in 2017. JLL facilitated the disposition on behalf of the seller.
PA Self Storage Asset Trades for $13M
Cushman & Wakefield represented the seller, Vertical Fields, in the disposition of an 82,116-square-foot asset in Clifton Heights. CubeSmart was tapped to manage the facility.
Global Holdings Lands $340M Refi for Manhattan Asset
The Crédit Agricole loan will be used to retire an existing $320 million financing from Bank of America, which was taken out four years prior.
Seattle Office Portfolio Receives $135M Refi
Located in the Belltown neighborhood, Martin Selig Real Estate’s Fourth & Battery, 333 Elliott West and Third & Battery total roughly 400,000 square feet.
Avison Young Arranges Raleigh Office Asset Sale
Vice Presidents Blake Thomas and Grant Linderman worked on behalf of the seller in the disposition of the 65,000-square-foot Crabtree Center.
Marcus & Millichap Arranges AK Storage Sale
The company’s Fort Worth office brokered the $1.3 million sale of The Storage Place, a roughly 47,000-square-foot self storage facility in Little Rock.