Deals
Spin Master Relocates, Consolidates NYC HQ
The Canadian company is expanding its New York City footprint by joining its games and puzzle division at The Factory, a 1.1 million-square-foot creative office building in Long Island City.
Nashville Holiday Inn Sells for $118M
The buyer, Highland Capital Management, assumed three CMBS loans taken by the seller between 2016 and 2017 and totaling $72.5 million.
New York Life Acquires Atlanta Office Tower for $166M
Crocker Partners sold the 433,000-square-foot Prominence in Buckhead. The asset is scheduled to undergo a capital improvements plan to upgrade the lobby, amenities and common areas.
LaSalle Buys Munich Office Portfolio for $194M
Working on behalf of its Encore+ Pan European Fund, the company acquired two properties totaling roughly 430,000 square feet. JLL, CBRE and Colliers International negotiated the deal.
ShopOne Centers REIT Enters DC Market
The company continued its growth along the Interstate 95 corridor with the acquisition of Eastgate Shopping Center in Lanham, Md.
JV Wraps Deal for 1.6 MSF Newark Office Campus
A four-way partnership, with backing from Newark mainstay Prudential, acquired most of New Jersey’s largest transit-hub office campus.
NGP Pays $142M for DC-Area Business Park
Avison Young arranged the sale of the nine-building property situated in Lorton, Va., between the Pentagon and Marine Corps Base Quantico.
Madison International Invests in Norway’s Largest Urban Development
The firm purchased the majority of Bjørvika’s ground-level assets totaling roughly 409,000 square feet. This marks Madison International’s third acquisition in the country.
Apex Clean Energy Buys 442.5MW of Solar Projects in VA
The solar capacity is distributed into four projects currently underway across Virginia. Upon completion, the company’s portfolio is anticipated to power approximately 72,000 homes.
Mondelez International Moving HQ to Downtown Chicago
The company has leased an entire office building from Thor Equities in the Fulton Market neighborhood and will be relocating from Deerfield, Ill., once construction finalizes.