Mihaela Coste
Local Orlando Motel Changes Hands
The 14-key motel built in 1955 was operated by the same owner for more than 30 years. Raceway Motel offers approximately 5,044 square feet of living area.
Manhattan Office Asset Lands $200M Recap
Silverstein Properties has acquired a majority interest of 619 West 54th St.. The company partnered with Taconic, which purchased the Hell’s Kitchen asset five years ago.
Austin Mixed-Use Development Lands $26M in Financing
The first phase of Lantana Place will offer 99,663 square feet of leasable space and is expected to break ground in May 2017, with the opening of a dine-in movie theater scheduled for the second quarter of 2018.
ARA Nabs 846 KSF Atlanta-Area Industrial Asset
The property sold by Trammell Crow is 100 percent leased to a subsidiary of Wayfair, one of the world’s leading online destinations for home goods.
Colliers Lends a Hand in $60M MOB Package Deal
The 10-building Blackstone Valley Medical Office Portfolio encompasses 301,700 square feet of institutional-quality, Class A medical office space located across three Rhode Island submarkets.
Meridian Secures $14M in Financing for Reno Retail Asset
The three-year loan will be used for the acquisition of Paradise Plaza, a Kmart- and Walgreens-anchored shopping center. The center’s trade area is expanding as a result of an increasing presence of manufacturing, technology and logistics companies.
Pompano Retail Center Changes Hands in $30M Deal
The 126,928-square-foot asset anchored by Publix and completed in 1973 was 100 percent leased at the time of the transaction.