Deals
DC-Area Hyatt Regency Changes Hands for $47M
Situated near Dulles International Airport, the 316-key, 13-story hotel includes a 29,000-square-foot Executive Meeting Center, built in 2014. HFF arranged acquisition financing for the new owner.
PSAI Realty Partners Acquires San Jose Tech Center
Constructed in 1999, the roughly 300,000-square-foot campus encompasses five two-story buildings located along Highway 237. The global headquarters of TiVo Corp. anchors the asset.
Partnership Buys 213 KSF Dallas Industrial Asset
Corinth Land Co. and Prattco Creekway Industrial purchased Northgate Business Park in a transaction that marks the joint venture’s fourth and largest acquisition.
Atlanta Retail Asset Trades for $12M
GDC Properties sold a Walgreens-anchored 45,279-square-foot shopping center in the city’s Cascade corridor. A private investor purchased the asset using a Deutsche Bank loan.
Taco Bell Cantina Debuts in NYC
The fast-food franchise’s new location will be strategically situated in a highly transited Manhattan corridor and will welcome its first customers by the end of this year.
Suburban Atlanta Office Lands 40 KSF Tenant
The Dilweg Cos. owns the 140,000-square-foot office mid-rise in Decatur. The property, home to Wells Fargo and Emory University, is 81 percent leased.
Chicago Trading Co. Expands in Windy City
CBRE represented the tenant in the 114,186-square-foot lease renewal and expansion, marking the seventh transaction closed this year at the property.
Strategic Storage Trust IV Grows Portfolio
The REIT has expanded its footprint with a 66,400-square-foot storage facility located in North Las Vegas, roughly 10 miles from downtown.
University of Pennsylvania Buys 247 KSF Industrial Asset
The property is less than 1 mile from Interstate 95 and approximately 3 miles from Philadelphia International Airport. Binswanger brokered the transaction.
764 KSF Industrial Portfolio Changes Hands in Charlotte
An HFF team facilitated the sale of two Class A buildings on behalf of The Keith Corp for $70.5 million.