Deals
Allen Morris Co. Arranges 56 KSF Lease at Upcoming Atlanta Mixed-Use
The IWG-owned Spaces will occupy two floors at Star Metals Offices, as well as a 5,642-square-foot ground-floor reception area and a private business club.
Harbor Associates, Ascentris Acquire San Diego Office Property
The Class A Pinnacle comprises 110,110 square feet across five stories and was purchased from BioMed Realty for $31.2 million.
Blackstone Trades $170M South FL Hotel
Brookfield Property Group picked up the 589-key Hilton Fort Lauderdale Marina. The previous owner renovated the 1980s-era asset 10 years ago.
Mid-America Brokers Chicago Retail Sale
The 31,325-square-foot property is located in the Uptown neighborhood and is leased to Ross Dress for Less and Verizon Wireless.
Louisiana’s Margaritaville Resort Casino to Sell for $376M
In separate transactions, VICI Properties will acquire the Bossier City, La., gaming destination’s real estate properties, while Penn National Gaming will purchase the operating assets.
Meridian Sells CA Office Building
The buyer, Phase 3 Real Estate Partners of South San Francisco and San Diego, paid $39.5 million for the multi-tenant asset.
HFF Brokers Sale of 191-Key VA Hotel
Westin Reston Heights, which opened in 2008, is within walking distance of the upcoming Reston Town Center Metrorail Station, while Dulles International Airport is a 10-minute drive away.
The Mele Group Brokers Sale of 382-Unit Facility
Marcus & Millichap’s Tampa-based self-storage brokerage team arranged the sale of a storage property located in Spring Hill, Fla. The team worked on behalf of both the seller and the buyer in the deal.
Nektar Therapeutics Trades AL R&D Facility
The building, constructed in 2000, is part of Huntsville’s Cummings Research Park and contains more than 50,000 square feet of office, laboratory, production and research space.
Hospitality Properties Trust Buys Minneapolis Hotel
The Radisson Blu Minneapolis Downtown features 29,000 square feet of meeting and event space and offers convenient access to the Minneapolis—St. Paul International Airport.