Deals

W.P. Carey Spends $111M on Sale-Leasebacks

The net-lease REIT closed on three deals for industrial properties in the U.S. and Canada.

Rouge Hotel. Image via Google Street View

Pebblebrook Continues DC Disposition Program

The company sold a 137-key hotel situated within walking distance of the White House and the National Mall.

Hudson Advisors Sells Chicago-Area Office Building

The new owners financed the acquisition of the 141,186-square-foot asset through a $9.6 million loan from Calmwater Capital.

San Francisco Office Building Trades for $27M

Newcastle Partners sold the 30,000-square-foot office property in the city’s Jackson Square neighborhood.

Granite Properties Grows Denver Tech Center Portfolio

The company acquired Regency Plaza for $71.3 million and revealed plans to make significant interior and exterior upgrades.

Finmarc Cashes In $52M for DC-Area Value-Add Play

After acquiring the 61,500-square-foot property five years ago, the firm implemented an extensive improvement plan and landed Trader Joe’s as anchor tenant.

Lincoln Property, Crow Holdings Pay $30M for San Diego Industrial Portfolio

The partnership intends to revamp the existing three buildings and redevelop parts of the property. The seller will lease back the asset.

Sealy & Co. Boosts Houston Presence With Off-Market Deal

Sealy plans enhancements to the two-year-old facility, which is located in the metro’s largest industrial submarket.

Cushman & Wakefield Brokers Sale of New Jersey Industrial Building

The company represented both the seller and the buyer in the transaction of a last-mile industrial complex in Rockaway, N.J.

Lee & Associates Arranges Los Angeles Office Sale

Principals Jay Rubin and Scott Silverstein represented both parties in the transaction. The new owner intends to reposition the 50,234-square-foot Marin Corporate Center as a Class A medical office asset.