Business Specialties
Target Hospitality Purchases Delaware Basin Lodging Properties
The company purchased the communities from Superior Lodging, upping its portfolio by 575 single-occupancy accommodations within the Permian Basin, at the epicenter of great activity among oil and gas businesses.
Compass Self Storage Buys FL Facility
The Amsdell Cos. paid $9.9 million for a 98,000-net-rentable-square-foot storage facility located in Largo. The asset marks the company’s 21st facility in Florida.
Downtown Boston Office Tower Breaks Ground
The 600-foot-tall building, One Congress, is part of The HYM Investment Group’s ambitious $1.5 billion Bulfinch Crossing redevelopment, which will deliver 2.9 million square feet of mixed-use space.
Brookfield, Hearst JV Kicks Off $1B Project in San Francisco
The joint venture began work on 5M in the SoMa district, a mixed-use development set to include a residential component as well as office space and parks.
Situs, American Mortgage Consultants to Merge
The agreement between the two firms will combine their commercial and residential real estate services, as well as their technology offerings to clients across the globe.
Pacific Retail to Manage Chicago South Loop Shopping Center
Encompassing 300,000 square feet, Southgate Market is home to major chains such as Whole Foods, PetSmart, Marshalls, LA Fitness or Starbucks.
India’s OYO Hotels Plans $300M US Expansion
The fast-growing, “value-chic” hospitality chain already has a presence in Atlanta, Miami and several Texas cities, and expects to enter numerous new markets over the next few years.
NorCal Industrial Building Receives $13M Refi
NorthMarq arranged the 10-year loan for a single-tenant, 348,500-square-foot facility located in Fairfield, Calif., around 3 miles from the city’s downtown.
Target Aims for 100 Percent Renewable Energy by 2030
The retailer currently uses roughly 22 percent renewable energy and has set to generate 60 percent of its energy through green sources by 2025.
Stan Johnson Brokers $20M Retail Sale in TX
Tom Fritz and Brandon Duff represented the seller in the disposition of The Shops at Abilene Village, a 145,000-square-foot, multi-tenant retail center in Abilene.