Deals
CIM Group, Carr Buy DC-Area Hotel
The two companies teamed up to acquire the 12-story, 254-key Crowne Plaza Hotel Alexandria, situated on the Potomac River.
Guardian Realty Investors Sells VA Office Campus
Twin Oaks, a two-building property totaling 170,000 square feet of Class A space in Norfolk, changed hands in a $24.9 million deal.
Waterford Hotel, Waterton Form New Venture
Waterford took over operations of a 1,600-key group of eight Waterton hotels, increasing its portfolio to 41 properties totaling 6,200 guestrooms.
CBRE Facilitates 45 KSF Coworking Lease in Miami
Senior Vice President Zach Wendelin and Senior Associate Will Portfolio worked on behalf of the new tenant in arranging the lease at Sabadell Financial Center.
Shorenstein Properties Pays $135M for Nashville High-Rise
Wells Fargo Bank provided the buyer of the 600,000-square-foot Class A office tower with more than $100 million in acquisition financing.
Denver-Area Office Portfolio Trades for $28M
SteelWave sold three properties in Boulder, Colo., totaling almost 115,000 square feet of office and lab space. The new owner intends to continue the renovations the seller started.
SSGT II Pays $16M for Sacramento Asset
The 1,029-unit self storage facility was completed in 2018 and is located approximately 13 miles from the city’s downtown.
National Storage Affiliates Buys GA Facility
The company has expanded its portfolio with a 110,400-net-rentable-square-foot facility located in Augusta, Ga., roughly 5 miles from the city’s downtown.
Austin-Area Storage Facility Changes Hands
Bellomy & Co. facilitated the sale of Move It Self Storage, a 451-unit facility located in Liberty Hill, Texas.
Retina Associates Expands Overland Park Office
The company will lease an additional 8,580 square feet on the second floor of Copaken Brooks’ 6201 College Blvd. office asset in Leawood, Kan.