Business Specialties
Q&A: Discipline Is Key in the Era of Flexible Capital
Admiral Capital Group Co-Founder Daniel Bassichis discusses the changing capital stack and how investors can manage risk in this competitive, late-cycle economy.
Marcus & Millichap Arranges AK Storage Sale
The company’s Fort Worth office brokered the $1.3 million sale of The Storage Place, a roughly 47,000-square-foot self storage facility in Little Rock.
EDF, Canadian Solar Sign 1.8GW Supply Deal
The manufacturing company will supply its bifacial enhanced wafer BiHiKu and HiKu modules to EDF Renewables’ solar projects underway in the U.S., Canada and Mexico.
Canadian Solar Subsidiary Inks 222MW PPA
The deal, touted as the beverage industry’s largest single purchase of solar energy in the U.S., will help Anheuser-Busch brew its entire portfolio with 100 percent renewable energy by 2021.
Ashford to Pay $275M for Hotel Management Platform
The Dallas-based company has agreed to purchase the platform from Remington. The business provides services for two Ashford-advised REITs and oversees nearly 90 hospitality properties.
Hospitality Properties Trust Buys $2.4B Portfolio
The company has acquired the 12 million-square-foot collection of assets from Spirit MTA REIT. The properties are net leased to tenants in a wide range of industries across 43 states.
DRA Advisors JV Buys San Francisco Office Park for $265M
Marina Village’s new owners have tapped JLL to spearhead leasing and are primed to transform 200,000 square feet of the 1 million-square-foot property’s available offerings into premier life sciences space.
W.P. Carey, Extra Space Storage Strike Net-Lease Deal
The transaction covers agreements for 36 self storage properties, most of which W.P. Carey acquired in its merger with CPA:17 last year.
Waterman Interests, USAA Real Estate Sell NYC Towers for $138M
The partners owned the two office buildings in Manhattan’s Midtown West neighborhood for four years. Qatar-based Alduwaliya is the new owner of the nearly fully leased assets.
Las Vegas Office Asset Changes Hands for $20M
The 58,950-square-foot Crossing Business Center VII previously traded less than a year ago, when Moonwater Capital purchased it as part of an $82.8 million, seven-building portfolio transaction.