Deals
Coyote Logistics to Anchor Detroit Mixed-Use Development
The logistics company is establishing a tech hub on two floors of The Assembly, Bedrock’s redevelopment of a historic warehouse in the city’s Corktown neighborhood.
Airbnb Acquires HotelTonight
The company purchased the booking service in order to accelerate the brand’s plan to have boutique properties list faster on the platform, as well as cater to last-minute travelers more efficiently.
LBA Logistics Buys Sacramento Industrial Property
The local Colliers office represented both the seller and the buyer in the transaction, which marks the city’s largest sale of its kind so far this year.
LA-Area Office Building Changes Hands
Excelsior Partners has acquired a 49,336-square-foot building in Torrance. Team Shannon Private Capital Group negotiated the deal on behalf of the seller.
HFF Arranges Sale, Financing for Ft. Lauderdale Office
Cardinal Point Management partnered with Halstatt Real Estate Partners in the $41.7 million purchase of Trade Centre South. New York Life provided funding for the transaction.
Publix Acquires Atlanta-Area Shopping Center
Acting on behalf of the seller, HFF has arranged the disposition of a 112,427-square-foot, Publix-anchored retail center in East Cobb, Ga.
Fitch Group and 4 Others Coming to Chicago Trophy Tower
Irvine Co. closed five leases totaling 104,000 square feet at One North Wacker in The Loop and is getting ready to welcome Fitch Group, Wipfli, The Jordan Co., May River Capital and Heard Capital.
Schnitzer West Acquires 2 Denver-Area Assets
The company plans to invest in upgrades to the 115 Inverness office property, by adding a conference facility and locker rooms.
WA Office Park Commands $63M
The roughly 200,000-square-foot, three-property portfolio in Bothell changed hands with help from Newmark Knight Frank, which acted on behalf of seller Equity Office.
CBRE Arranges Sale of FL Office Property
Senior Vice President David Wigoda and Financial Analyst Sean Kelly represented the seller, Liberty Real Estate Holdings, in the disposition of Port St. Lucie Technology Center.