Deals
HFF Arranges Sale of Fort Worth Industrial Property
The firm marketed 35|820 @ Mercantile Center on behalf of the seller, Hunt Southwest. The building, completed last August, comprises more than 650,000 square feet.
Investcorp Grabs $300M Industrial Portfolio
The group of 56 warehouse assets totals 4.5 million square feet, increasing the global alternative investment manager’s U.S. industrial footprint to 14 million square feet.
Government Properties, Select Income REIT to Merge
Operating as Office Properties Income Trust, the combined company will own 213 properties in 38 states and Washington, D.C.
The Mele Group Arranges Sale of CA Facility
Marcus & Millichap’s Tampa-based self-storage team brokered the sale of a 711-unit asset located in the Inland Empire. The team represented both parties in the deal.
Silicon Valley Whole Foods Nets Hefty Sum
Imperial Hornet Developers purchased a 50,500-square-foot retail property in Los Altos, Calif. Cushman & Wakefield represented the buyer.
Thor Equities Sells London Office Asset for $64M
The firm purchased the property in 2017 and refurbished its facade. The six-story building comprises a little more than 25,000 square feet.
Ares Sells $270M Stake in Denver-Area Hotel Project
Joint venture partners Ryman Hospitality Properties and RIDA Development acquired the alternative asset manager’s interest in the $824 million Gaylord Rockies Resort & Convention Center development.
PEG Cos. Buys Multi-State Marriott Portfolio
The roughly $130 million deal encompasses more than 1,000 guestrooms in eight states. Cantor Commercial Real Estate provided the acquisition financing.
Convene Expands Manhattan Footprint
The flexible workplace and amenity services company signed a 116,000-square-foot lease in Midtown with RXR Realty. Convene now has 20 offices in New York City.
Public Storage Buys SC Facility
The company added a 54,000-square-foot property to its portfolio. The asset is located in Summerville, around 25 miles from downtown Charleston.