Lucia Morosanu
FRP Acquires Baltimore-Area Industrial Park
The company intends to perform capital improvements on the 270,000-square-foot Cranberry Run Business Park in Aberdeen, Md. The $6.3 million purchase is part of the firm’s new development strategy.
Pinnacle Brokers CO Retail Asset Sale
The company facilitated the $1 million acquisition of a single-tenant, net-leased property located in a King Soopers-anchored shopping center in Westminster.
Drawbridge Realty Sells Austin Office, R&D Building
The asset was fully leased at the time of sale. HFF arranged the deal on behalf of the seller, which had acquired the property in 2013.
NJ Office Building Trades
HFF facilitated the sale of Eagle Rock Executive Office IV, a 178,000-square-foot asset in East Hanover, on behalf of the seller.
AZ Office Campus Commands $63M
Cushman & Wakefield Executive Directors Tracy Cartledge, Steve Lindley and Bob Buckley worked on behalf of the seller to facilitate the disposition of Rio West Business Park in Tempe.
CBRE Facilitates $35M Miami-Area Industrial Sale
Senior Vice Presidents Larry Dinner, Tom O’Loughlin and Larry Genet worked on behalf of the seller, a partnership between Core5 Industrial Partners and Helms Development.
North Orange Industrial Park Changes Ownership
Alere Property Group expanded its Orange County footprint with the acquisition of a fully leased, three-building facility constructed in 1973.
Alabama Crossing in Fort Payne Changes Hands
Bob Havasi and Dan Cooper of Cooper Commercial Investment Group facilitated the sale on behalf of the seller. The property traded for $4.3 million.
South FL Shopping Center Commands $43M
HFF facilitated the sale of the 107,000-square-foot retail asset in Wellington. The new owner took out a $13.5 million loan to finance the acquisition.
Tapestry Collection by Hilton Opens First Pacific Northwest Hotel
The Hotel Group and Hilton launched The Sound Hotel, a 142-key project within the Arrivé tower in Seattle’s Belltown neighborhood.