Business Specialties
Memphis Industrial Portfolio Commands $50M
A partnership between Diamond Properties and funds managed by Ares Management LP acquired 43 buildings in the deal, thanks to $32.5 million in financing arranged by HFF.
Anchor Health Picks Up Charlotte MOB
CBRE represented seller The Bissell Cos. in the transaction, while Capital One facilitated the deal with $11.6 million in acquisition financing on behalf of the buyer.
BWI Airport Sheraton Hotel Changes Hands
Vista Group of Cos. acquired the 203-key Sheraton Hotel Baltimore Washington Airport. The property is a seven-minute drive from the airport, offering a complimentary shuttle service.
SL Green Leases 2 Full Floors at Tower 46
Located at 55 W. 46th St., the 2013-built property comprises 347,855 square feet across 34 stories. Features include column free floors, 14-foot slab heights, in-building parking, floor-to-ceiling windows and a tenant-only fitness center.
Baker Completes Chicago Office Redevelopment
The 2017 N. Mendell project called for the repurposing of a century-old industrial building between the Chicago River and Elston Avenue, which offers customizable spaces ranging from 3,800 to 17,000 square feet.
Miami Logistics Park Bolsters Occupancy
Neutralogistics has expanded its presence at Airport North Logistic Park by roughly 69,000 square feet. L&B Realty Advisors’ industrial complex is now 75 percent leased.
Glenfield Taps Colliers to Manage Atlanta Portfolio
The firm’s eight Class B garden and mid-rise office buildings in the northeastern suburb of Peachtree Corners total approximately 550,000 square feet.
Constellation, GE Power Home Depot in DC
The 554-kilowatt project is the capital’s largest solar rooftop array and will supply an estimated 35 to 40 percent of the store’s annual energy needs.
Veritas RE Acquires Pair of Philly-Area Office Buildings
The Marlton properties are located near major thoroughfares and less than 30 minutes away from Center City Philadelphia and Philadelphia International Airport.
Kimco Trades Atlanta-Area Retail Asset
The shopping center, built in the city’s northeast suburbs in 1991, includes nearly 75,000 square feet. A 62,000-square-foot Kroger anchors the property.