Deals
JV Makes Oceanfront Resort Purchase in Mexico
Trinity Investments LLC, Walton Street Capital LLC and Oaktree Capital Management LP teamed up to acquire the 375-key Hilton Los Cabos Beach & Golf Resort.
Supervalu Announces Strategic Shift
The company has completed the sale and leaseback of seven of its distribution centers as part of a plan to transition away from the responsibilities of running traditional retail grocery stores.
HREC Brokers IL Embassy Suites Sale
A joint venture between Hotel Capital and ORIX Real Estate Americas purchased the 209-key, recently renovated asset in an off-market transaction.
Real Capital Solutions Buys Chicago-Area Corporate Center
A team of HFF brokers closed the office transaction on behalf of the seller, a joint venture between TriGate Capital and Pearlmark.
Suburban Seattle Industrial Park Commands $13M
Colliers brokered the sale of the two-building Olympic Industrial Park in SeaTac, Wash., that changed hands in a 1031 exchange transaction.
MCR Acquires Cincinnati Hilton Garden Inn
The firm will also manage the 88-key Hilton Garden Inn Cincinnati Northeast, which features a fully equipped fitness center, a 24-hour business center and an indoor pool.
Simone Development Snags CT Warehouse/Office Asset
The 118,500-square-foot property at 316 Courtland Ave. currently has 65,638 square feet of warehouse and R&D, as well as 12,768 square feet of office space available for lease.
JV Sells, Completes Renovations of Denver Adaptive-Reuse Project
The adaptive-reuse project is partly leased to Soledi U.S. and Design Wright Studio, and more than 28,000 square feet is currently available for lease.
WEDGE Snags Houston-Area Office Building
An HFF advisory and debt placement team represented the seller and arranged a long-term, fixed-rate acquisition financing on behalf of the borrower.
GTT Communications Signs New Lease in Austin
The internet service provider will occupy roughly 45,000 square feet of office space at KBS Realty Advisors’ Stonebridge Plaza I and II.