Business Specialties
Sabra Pays Half-Billion for 21-Property Portfolio
Sabra Health Care REIT Inc. has just reconfigured its portfolio in one fell swoop with the acquisition of 21 independent living facilities from affiliates of Holiday Acquisition Holdings.
International: Marriott, Hotecapsa to Develop Guayaquil Hotel in 2016
Ecuador ‘s largest and most populous city is set to get a brand new Marriott-operated hotel in two years, according to the hotel chain.
Capp Industries Taps Opus to Build Spec Warehouse in Suburban Minneapolis
Confidence is building in suburban Minneapolis’ industrial sector and Capp Industries is making a move to capitalize on the improving conditions.
Coldwell Banker Unveils New e-Marketing Platform
Coldwell Banker Real Estate has selected Imprev to create the brand’s new mobile eMarketing platform as part of the new Coldwell Banker 360 suite of products.
DDR Sells Shopping Center Portfolio in Utah for $223M
In an off-market transaction worth $223 million, DDR Corp. has sold to Excel Trust a portfolio of three shopping centers in the Salt Lake City area.
Champion, Long Wharf Sell 800 KSF Group of Suburban Dallas Office Buildings
Champion Partners and Long Wharf Real Estate Partners have sold an 800,000-square-foot group of Class A office buildings in Richardson, just outside of Dallas, to Spear Street Capital.
INTERNATIONAL: AMP, Billbergia Sell Landmark Site in Brisbane
AMP Capital Select Property Portfolio No.3 (SPP3) and Billbergia have agreed to sell part of the former Vision tower site in Brisbane’s CBD to the owner of Felicity Hotel Group, which plans to develop a five-star hotel on the property.
Shorenstein Grabs 4-Building Tech Campus in North San Jose for $100M
Shorenstein Properties has acquired four buildings in Champion Station from TMG Partners for a reported $100 million.
JPI Opens 360-Unit Suburban Dallas M-F Property for Leasing
The JPI/TDI Real Estate family of companies is feeding the apartment-hungry metropolitan Dallas market with the commencement of leasing at the 360-unit luxury multi-family community One of Jefferson Center in Richardson, Texas.
Simon, Noble Investment to Build 166-Room AC Hotels by Marriott in Atlanta
Buckhead’s Phipps Plaza will soon become home to one of the few U.S. properties under the rapidly expanding AC Hotels by Marriott brand.