Business Specialties
Stan Johnson Facilitates $3M Sale in Tampa Area
Joshua Pardue, James Ullrich, Michael Macchia and Greg Macchia represented the seller. The 9,276-square-foot retail asset in Bradenton, Fla., traded at a 7.25 percent cap rate.
Acadia Realty Trust Acquires FL Retail Center
Located within an opportunity zone, the 171,352-square-foot asset is the largest shopping center in Flagler County. An HFF team assisted the seller in the transaction.
Morning Calm Management Buys $84M Detroit Industrial Portfolio
The firm purchased the nine-property, 1.5 million-square-foot suburban portfolio from Promanas Group. The deal marks the company’s fourth acquisition in the area over the past year.
Spaces Takes 40 KSF in Atlanta Office Campus
The IWG-owned coworking firm signed up with CBRE Global Investors to occupy the eighth floor of a Class A building in the city’s Central Perimeter market.
Work Begins on $180M Mixed-Use Project in KC
Drake Development broke ground on Streets of West Pryor, a 70-acre project that is set to include residential, hospitality and retail components.
National Asset Services to Manage OC Office Building
The 83,218-square-foot Foothill Corporate Centre features recently renovated lobby and common areas, with amenities such as touch screen communication control and an omnidirectional microphone system.
Flagship Healthcare Expands Charlotte Footprint
The investor’s $26.3 million acquisition includes six medical office buildings totaling more than 120,000 square feet in Cabarrus County.
Industrious Opens 2nd Charlotte Location
The flexible space operator selected a recently reimagined warehouse in the North of Davidson neighborhood as the setting of its new office space.
Retail Investors Pull Back Amid Mall Woes
A new JLL report finds that buyers are getting more selective as structural changes rock the sector. Overall transaction volumes fell in the first quarter, while power center and grocery-anchored assets outperformed.
Goldman Sachs to Buy European Budget Hotel Chain
PAI Partners, a leading European private equity firm, confirmed it is in exclusive negotiations to sell B&B Hotels, which has 486 hotels in 12 countries.