Deals
Miller Global Properties Sells Portland Office Building
CBRE Global Investors paid $76.6 million for the eight-story property which is located in the Pearl District, one of the city’s high-profile submarkets.
CA Retail Center Sells for $45M
The 233,892-square-foot shopping center is located along Pacific Coast Highway in Marina, Calif. The buyer was a private investor based in Southern California.
JV Acquires Chicago Industrial Portfolio
HFF marketed the assets on behalf of the seller, Hackman Capital Partners. The properties include four buildings located in the O’Hare and South Cook submarkets.
Manhattan Office Deal Tops SL Green’s Big Day
The office REIT’s biggest news was its entrance into the hot Hudson Yards market, with the purchase of a $440 million property located at 460 W. 34th St.
TMG Partners, KKR Buy 24-Story Oakland Tower
The transaction marks the third change of ownership for 1221 City Center, an iconic office property in the central business district, over the past six years.
Meridian Group JV Buys Downtown DC Office
In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.
Goldman Sachs Acquires Portland Office Asset
The $25.7 million sale price is twice the amount paid in 2013 by the building’s previous owner, Melvin Mark.
DC Hotel Changes Hands for $128M
The 300-key Hilton Garden Inn in downtown Washington, D.C., sold for approximately $427,000 per guestroom. The seller was Xenia Hotels & Resorts.
Denver Office Building Changes Hands for $13M
The Church Ranch Office Building II was built in 2000 and renovated in 2017. The office property is fully leased to Staples Inc.
Atlanta Logistics Center Sells for $70M
Ackerman & Co. sold the largest industrial facility it has developed to date. A national shipping and business supply company purchased the asset.