Deals
Hilton Berlin Changes Hands
This year, Park Hotels & Resorts has sold more than $500 million worth of hotels as part of its plan to recycle capital out of non-core assets and reduce its presence in international markets.
Manhattan to House Convene’s Largest Location
The flexible workplace provider will occupy four floors within the Brookfield Properties-owned One Liberty Plaza., joining tenants like Aon, Business Insider and New Avon.
NAI Hiffman Arranges Lease for SLAS
Senior Vice President Perry Higa represented the tenant in its headquarters relocation from Saint Charles to an office building in Oak Brook, Ill.
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
ANSYS Expands Pittsburgh HQ Space
The company will be leasing an additional 31,000 square feet at Zenith Ridge in Southpointe II, a luxury office campus, where it currently occupies 186,000 square feet.
Hilton Divestment Vindicates Blackstone’s Patience
Analysts outline how the company followed up on the unification of Hilton’s domestic and international sides, and why the investor’s moves have paid off so well.
UBS Trades DC Office Asset for $54M
Representing the property owner, HFF secured a buyer for the 110,000-square-foot building and orchestrated acquisition financing on behalf of the investor.
AICPA to Relocate Central Park District Office
The financial organization is set to occupy roughly 30,000 square feet on the 27th floor of Fisher Brothers’ 2 million-square-foot office high-rise.
Kennedy Wilson Snags 292 KSF Seattle Business Campus
CBRE Capital Markets arranged $34.5 million acquisition financing on behalf of the buyer, for its acquisition of the eight building Redmond East Business Campus in Redmond.
Oaktree Capital Nabs Charlotte CBD Office Tower for $134M
A CBRE team represented the seller in the transaction and arranged $93.5 million in acquisition financing on behalf of the buyer/borrower.