Business Specialties
Bay Area Life Sciences Campus Lands $385M Refi
HFF worked on behalf of Phase 3 Real Estate Partners to arrange the refinancing of Genesis North and South Towers, two Class A buildings in South San Francisco, Calif.
High Street Realty Buys Chicago Industrial Portfolio for $86M
JLL’s Capital Markets team facilitated the transaction, which included 11 institutional-quality, value-add properties totaling nearly 1.2 million square feet.
SCG America Opens SoCal Hotel
The newly renovated building is home to the 132-key DoubleTree by Hilton and sits within a short drive of California State Polytechnic University and a major conference center.
Transactions: April 2018
The following is a list of transactions that were announced between February 22 and March 6, 2018.
How Are Driverless Cars Reshaping CRE?
Autonomous vehicles are expected to impact commercial real estate on several levels, from design to new development opportunities. Partner Engineering and Science’s Joe Derhake zeroed in on the extent of these effects.
McCraney Acquires Land for GA Industrial Park
985 Lanier Logistics in Buford will total more than 600,000 square feet and comprise three Class A industrial buildings ranging from 167,000 to 236,000 square feet.
The New Age of Hotel Amenities
In this age of potential disruptors, the hotel industry is using its current prosperity to experiment with amenities that attract Millennials.
Packard Hospitality to Renovate, Reflag IL Hotel
Springfield’s State House Inn is situated two blocks north of the Capitol and is anticipated to open for business in September.
Meridian Arranges $54M for New Pod Hotel
Clients Modus Hotels and Parkway Corp. will utilize the financing to develop Pod Philadelphia, an 11-story, 252-key micro-hotel.
Philly Sheraton Lands New Owner, Planned Makeover
The Buccini/Pollin Group acquired the 364-key property in the Old City district for almost $100 million. The Delaware-based company is set to renovate and rebrand the hotel.