Business Specialties
Miami-Area Retail Asset Lands $25M Acquisition Loan
The Aztec Group team of Jason Shapiro and Sean Harrington worked on behalf of the borrower acquiring the shopping center for $31.5 million.
Interstate Lands Management of Philly Hotel
The new owner of the 349-key hotel, located near the city’s airport, is planning to extensively renovate the building in the near future.
China-Based Investor Buys Retail in Colton, CA
Evergreen Devco has sold the newly constructed asset for $8.9 million. The sale closed with market-leading pricing for the Colton submarket, at a 5.5 percent cap rate.
Skanska Invests $58M in Poland Office Project
Offering 196,979 square feet across 16 stories, construction of Generation Park’s phase two began in December 2017 and is slated for completion in the the third quarter of 2019.
Tulfra Sells NJ Industrial Portfolio
NKF Capital Markets represented Tulfra in disposing four single-tenant, net-leased properties at 100 percent interest.
Phoenix-Area Office Building Welcomes 30 KSF Tenant
GrubHub will open its fourth location, in Chander. San Tan Tech Center was constructed in 1981 and underwent renovations less than a decade ago.
Entertainment Venue Opens at $350M AL Mixed-Use Development
Topgolf is the first tenant of the nation’s fourth largest commercial project underway. RCP Cos. is building MidCity in Huntsville, Ala.
GBT Realty Lands 3rd Shopping Center in 6 Months
The company’s Capital Holdings division purchased Overlook Village, a 153,820-square-foot commercial property in Asheville, N.C. KIMCO Realty sold the asset for $25.5 million.
PCCP, Capital Partners Acquire Minnesota Industrial Portfolio
The portfolio consists of properties located within infill locations near freeways throughout the metro. The buildings are a mix of bulk warehouse, light industrial and flex product types.
SekureID Expands FL Footprint
The new space houses offices for sales, marketing, account management and technical support as well as industrial suites for warehousing, engineering, logistics and distribution.