Deals

Cloud Computing Firm Inks 118 KSF Lease in Houston

PROS is relocating its offices to Thor Equities’ new 1 million-square-foot mixed-use Kirby Collection, located in the Greenway Plaza submarket.

53 State Street (Image courtesy of Newmark Knight Frank)

Allianz JV Buys Boston Office Tower for $845M

The Munich-based company teamed up with Beacon Capital Partners and the Pension Reserves Investment Management Board to purchase the 1.2 million-square-foot asset.

Westlake Village

Welltower Acquires LA-Area MOB Campus

The two-building property in Westlake Village is fully occupied by UCLA Health and Providence St. Joseph Health. HFF negotiated the deal on behalf of the seller.

Baywood Hotels Expands in Ithaca, NY

The company has acquired a 106-key Fairfield Inn & Suites near Cornell University and Ithaca College, which are home to approximately 28,000 students.

The Tata Innovation Center at Cornell Tech

Brookfield Completes $11.4B Purchase of Forest City

With the all-cash acquisition of the century-old investor and developer, the company adds a diversified portfolio of assets.

440 Ninth Ave.

NYC Office Tower Trades for $269M

Taconic Investment Partners teamed up with TH Real Estate to acquire the 411,000-square-foot property. The new owners are set to reposition the asset by implementing building-wide improvements.

Grande Lakes Orlando Resort

Trinity Investments JV Buys Grande Lakes Orlando Resort

In a partnership with Elliott Management, the company paid a reported $900 million to purchase the 400-plus-acre property, which includes two hotels and a Greg Norman–designed golf course.

JV Acquires Berlin Office Complex

In a partnership with a private investor, Ardian Real Estate has acquired an asset offering more than 300,000 square feet of rental space in the heart of Berlin.

PacVentures Buys TX Industrial Portfolio

Transwestern represented the buyer in the acquisition of a collection of 10 buildings located in Brownsville and totaling more than 800,000 square feet.

MCA Realty Enters San Diego Industrial Market

The company purchased a two-building property that encompasses almost 41,000 square feet and revealed plans to renovate the existing vacant space.