Business Specialties
Taurus Investment Trades Orlando Office Campus
The $33.5 million sale includes three Class B buildings totaling nearly 200,000 square feet. The seller purchased the asset in 2016 for approximately $17 million.
Autograph Collection to Open First PA Hotel
The 10-story hotel sits next to the former Pittsburgh Athletic Association, offering convenient access to Pittsburgh International Airport.
Bridge Development Breaks Ground on LA-Area Industrial Facility
The company has launched construction of Bridge Point Vernon, a 117,360-square-foot asset located three miles south of downtown Los Angeles.
Indianapolis Office Commands $32M
Tryperion Partners purchased the recently developed, 137,000-square-foot asset, home to Allied Solutions’ headquarters, with Morgan Stanley providing more than $17 million in acquisition financing.
South FL Shopping Center Commands $43M
HFF facilitated the sale of the 107,000-square-foot retail asset in Wellington. The new owner took out a $13.5 million loan to finance the acquisition.
JV Completes Sale of PA Industrial Facility
J.G. Petrucci and The Davis Cos. have sold Wind Gap Logistics Center, a 349,012-square-foot warehouse and distribution property developed in 2018.
Marriott Secures $40M Loan for Tucson Asset
The 136-key AC Marriott is the first hotel to be built in the city’s downtown since the early 1970s. Walker & Dunlop arranged the financing.
Morning Calm Trades 240 KSF South FL Business Park
The campus contains Class B office space spread across four buildings, developed between 1987 and 2000 and renovated between 2015 and 2018.
European Hotel Investment Hits Record Levels
Multiple cities are attracting robust capital flows to their hospitality sectors, CBRE reports. Of note, buyers from outside the continent are expanding their footprint.
W.P. Carey Invests $75M in Food Production Facility
Cambridge Holdings will develop a 290,000-square-foot, build-to-suit property for Cuisine Solutions in San Antonio, scheduled for delivery in 2020.