Deals
Texas Self Storage Facility Changes Hands
Marcus & Millichap’s Houston- and Denver-based offices brokered the sale of the 529-unit storage property located in Katy, around 30 miles from downtown Houston.
Top 5 Hotel Transactions in Nashville
Several major hospitality assets changed hands in the 12 months ending in March as the Music City’s tourism economy continues to pick up speed.
Kaufman Organization Lands $120M Refi for NYC Portfolio
The firm secured the three-year loan from Capital One to refinance four properties in the Flatiron and NoMad neighborhoods of Manhattan.
KBS Buys $48M Office Asset in Seattle Suburb
The private equity real estate firm acquired the five-story, Class A property in Redmond, Wash., on behalf of a sovereign partner, as the metro’s Eastside markets continue to attract investors.
iintoo Buys RealtyShares Assets
With the completion of the transaction, the global real estate investment network has supplemented its assets under management by 150 percent, reaching a total value of $2.5 billion.
Piedmont Office Realty Expands in Atlanta With $95M Buy
The REIT acquired Galleria 100, a Class A office tower in The Galleria master-planned community in northwest Atlanta, near Sun Trust Park and the Cobb-Galleria Convention Center.
Edge Commercial Real Estate Brokers 47 KSF Office Lease in VA
Partner & Regional Director Scott Rabin and Vice President Todd McManus worked on behalf of the owner, Washington REIT. A team from Avison Young represented the tenant.
Fenway Capital Advisors Sells San Diego Office Asset
The two-building Oberlin Court is located in Sorrento Valley. The new owner, Intersection, paid $7.6 million for the 93 percent leased property.
Gemini Rosemont Buys Silicon Valley Campus for $171M
The firm acquired a four-building office park in Santa Clara, Calif., from The Sobrato Organization. The 386,707-square-foot property is 100 percent leased.
Beverage Distributor Sells San Antonio Industrial Facility
The seller had occupied the property since its completion in the early 1990s. The new owner facilitated the sale with a $14.4 million loan from Comerica Bank.