Lucia Morosanu
Las Vegas Office Asset Changes Hands for $20M
The 58,950-square-foot Crossing Business Center VII previously traded less than a year ago, when Moonwater Capital purchased it as part of an $82.8 million, seven-building portfolio transaction.
Denver Office Building Changes Hands
Stabilis Capital Management sold Monaco Tower after holding it for five years. The property is located within 7 miles of downtown.
Cushman & Wakefield Brokers 3 FL Office Leases
Gift of Life, The North West Co. and Jay @ Play will occupy a total of 36,539 square feet at Sabre Centre I in Boca Raton.
Equus Capital Sells Houston-Area Office Asset
The new owner financed the acquisition of One Sugar Creek Center with a $29 million loan. The 194,000-square-foot property underwent significant upgrades in 2017.
Holloway Lodging Buys 3 Vacant Houston Office Buildings
The assets changed hands for a combined $13.2 million. BH Properties sold two buildings totaling some 235,000 square feet, while Stream Realty Partners traded a 198,000-square-foot property.
TriGate Capital, Finial Group Purchase DFW Industrial Park
Using a loan from Inwood National Bank, the joint venture acquired the 227,709-square-foot Westwood Business Park in Farmers Branch, Texas.
JLL Brokers DFW Industrial Sale
Executive Vice President Ryan Matthews and Vice President Joel St. John represented seller Besco Supply. The new owner intends to renovate the 23,413-square-foot facility.
Virgin Hotels Breaks Ground on New Orleans Property
Located in the city’s Warehouse District, the seventh addition to the brand will include more than 200 guestrooms and is slated for completion in 2021.
Uptown Dallas Office Adds 3 New Tenants
Koch Industries, IDI Logistics and Roscoe Property Management will occupy roughly 10,500 square feet at The Union, bringing the building’s occupancy to more than 90 percent.
Brennan Investment Group Sells 182 KSF Chicago-Area Industrial Portfolio
Principals Erik Foster, Mike Wilson, Chris Lydon and Chris Tecu from Avison Young worked on behalf of the seller in the two-building transaction.