Business Specialties
DC-Area Hyatt Regency Changes Hands for $47M
Situated near Dulles International Airport, the 316-key, 13-story hotel includes a 29,000-square-foot Executive Meeting Center, built in 2014. HFF arranged acquisition financing for the new owner.
Hyatt Regency to Debut in Budapest
The opening of the 231-key hotel in 2020 will mark the brand’s entry into the Hungarian capital. The property will offer a spa, a restaurant and a 4,000-square-foot ballroom.
Duke Energy Carolinas Files for New Rate to Distribute Savings
The company’s shareholders will contribute $4 million to the Share the Warmth fund to help low-income customers manage their winter bills.
HFF Secures $90M Refi for Pittsburgh-Area Campus
The office complex comprises three LEED-certified buildings totaling more than 450,000 square feet. Starwood Mortgage Capital provided the 10-year, fixed-rate loan.
PSAI Realty Partners Acquires San Jose Tech Center
Constructed in 1999, the roughly 300,000-square-foot campus encompasses five two-story buildings located along Highway 237. The global headquarters of TiVo Corp. anchors the asset.
Partnership Buys 213 KSF Dallas Industrial Asset
Corinth Land Co. and Prattco Creekway Industrial purchased Northgate Business Park in a transaction that marks the joint venture’s fourth and largest acquisition.
JEMB Realty Scores $235M Loan for Brooklyn Office Project
JLL Capital Markets arranged construction financing for the 34-story high-rise located in the borough’s downtown area. The tower already has two anchor tenants.
Atlanta Retail Asset Trades for $12M
GDC Properties sold a Walgreens-anchored 45,279-square-foot shopping center in the city’s Cascade corridor. A private investor purchased the asset using a Deutsche Bank loan.
Taco Bell Cantina Debuts in NYC
The fast-food franchise’s new location will be strategically situated in a highly transited Manhattan corridor and will welcome its first customers by the end of this year.
Suburban Atlanta Office Lands 40 KSF Tenant
The Dilweg Cos. owns the 140,000-square-foot office mid-rise in Decatur. The property, home to Wells Fargo and Emory University, is 81 percent leased.