Deals
Paramount Assets Grabs Value-Add Opportunity in NJ
The company, which specializes in renovating and converting underutilized historical buildings, has yet to decide the fate of the newly purchased office and retail buildings.
Sentinel Data Centers Buys Massive Parcel in Metro DC
JLL has arranged the sale of the 280-acre Washington Dulles Gateway site in Northern Virginia, working on behalf of a private partnership that had controlled the property for decades.
NKF Acquires 2 IRR Offices in Colorado and California
Brad Weiman, majority partner of the Denver and Pasadena, Calif., offices, will head up the Mountain States region, as the firm’s Valuation & Advisory practice reaches 400 employees.
Durst Inks 2 New Leases at Manhattan Office Tower
Law firm Perkins Coie and exchange Deutsche Borse have between them signed leases for a total of 70,000 square feet at 1155 Avenue of the Americas.
Goldstar Group Acquires Baltimore Industrial Facility
The property at 1821 Portal St. comprises 86,234 square feet and is 100 percent leased to Johns Hopkins Bayview Medical Center and Bacchus Imports.
Hawkeye, HOS Acquire $9M Florida Hotel
Marcus & Millichap brokered the sale of Hotel Indigo in downtown Fort Myers, which features a rooftop pool and bar, as well as a fitness center.
Apple Hospitality Snaps Up Hampton Inn & Suites in Atlanta
With the acquisition of the 132-key property at 4565 Ashford Dunwoody Road, the REIT now owns three hotels in the city.
TA Realty Sells $35M Miami Office Campus
Cushman & Wakefield represented the seller in the transaction and arranged a low-interest, non-recourse loan in acquisition financing on behalf of the buyer.
Hill Properties Sells San Diego-Area Facilities
JLL’s Sach Kirpalani, Bob Prendergast and Lynn LaChapelle represented the seller, which bought the assets in a nine-building portfolio deal in 2017.
Franklin Street Closes 4 Atlanta Leases
The transactions total 82,000 square feet and involved space at One Overton Park, a Class A office building located in the Galleria submarket.