Business Specialties
Suburban Philly Devon Square Trades for $34M
In a deal brokered by HFF, the two-building office complex in Wayne, Pa. was sold by a joint venture of Keystone Property Group and Argosy Real Estate Partners.
JV Lands $43M Charlotte Retail Center
American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.
Home2 Suites by Hilton Rock Hill Makes Debut
Durga Hospitality owns and manages the 105-key hotel located in the Charlotte, N.C., MSA. The new location offers studios and one-bedroom suites with fully equipped kitchens and living rooms.
Douglas Elliman Moves Miami Flagship Office
The company chose a new flagship location in the Brickell corridor, appointing Managing Broker Martha Pomares as office lead.
Tenants Announced for Miami Mixed-Use Development
Amazonica, The House of Findings and Wynwood Shades are the latest confirmed additions to Upper Buena Vista, a mixed-use development located north of Miami’s Design District and Buena Vista neighborhoods, which is slated to open this summer.
BIDMC Takes 21 KSF in Eversource’s Suburban Boston HQ
In a deal brokered by Colliers International, Beth Israel Physician’s Organization relocated to The Summit at Station Drive in Westwood, Mass.
St. Petersburg Office Gets Facelift
Joint venture partners Denholtz Associates and Convergent Capital embarked on an expansive improvement program of the property, after acquiring it in 2016.
Passco Nabs Inland Empire Value-Add Retail Center
The company plans to reposition the 102,976-square-foot neighborhood shopping center in Corona, Calif. The retail market has one of the lowest vacancy rates in the regions.
DC-Area Assets Land $90M in Financing
Citizens Bank arranged the $49 million loan to refinance Georgetown Center in Washington, D.C. and the $41 million loan to finance the Old Centerville retail center in Centerville, Va.
Level 3 to Redevelop Iconic San Diego Building
Upgrades to The Wall, once a 1920s dance hall, will include a custom steel and wood front awning, exposed ceilings, skylights and a green living wall. SBMI Group bought the property last year for $2.8 million.