Business Specialties
Midcoast Properties Brokers North Carolina Storage Deal
Dale Eisenman and Michael Morrison assisted both parties in the $6 million transaction.
Host Hotels & Resorts Amends $2.5B Credit Agreement
The REIT altered terms of its $1.5 billion revolving credit facility and two $500 million term loans to preserve liquidity and bolster flexibility at a challenging time for the hotel industry.
Facebook to Build $800M Data Center in Metro Chicago
The company’s project in DeKalb, Ill., will rank among the world’s most energy- and water-efficient data centers.
REITs Ramp Up ESG Campaigns
A new report from Nareit shows that the sector is finding innovative ways to meet environmental, social and governance goals.
Gantry Secures $10M Refi for Storage Asset
The new mortgage retires an $8.1 million construction note originated by Bank of the West in 2016.
KBS Sells Silicon Valley Office Buildings for $95M
EXAN Group acquired the pair of properties in San Jose, Calif., which are leased to Raytheon.
Blackstone Takes Co-Starring Role in $1.7B Hollywood Portfolio
Under this joint venture, Hudson Pacific Properties will retain majority ownership of its 2.2 million-square-foot collection of studios and office buildings.
Hilco Redevelopment Partners Buys Refinery Site for $226M
The investor-developer plans to transform the former Philadelphia Energy Solutions complex, which closed in 2019, into a 1,300-acre multi-modal logistics hub.
Texas Welcomes First Margaritaville Resort
The 186-acre property includes a 303-key hotel and 32 lakefront cottages, as well as a water park, a golf course and 72,000 square feet of meeting space.
SRS Real Estate Arranges Retail Sale in West Phoenix
John Redfield, Ed Beeh and Alan Houston, along with Eric Diesch and Peter Sengelmann of Pinnacle Real Estate, represented the seller.