Deals
Dallas PwC Tower Lands 28 KSF Lease
Law firm Barnes & Thornburg will occupy the seventh floor of the 20-story Dallas high-rise in September 2018. The tower is part of the Park District mixed-use development that also includes luxury apartments and retail spaces.
Bank of Texas Signs Lease in Fort Worth Tower
The financial institution will occupy more than 20,000 square feet in the nearly 1 million-square-foot Class A office high-rise in the city center.
Orlando-Area Retail Center Sells for $11M
CBRE has arranged the sale of Winter Garden Regional Shopping Center located in Winter Garden Fla., a growing submarket of Orlando.
Miramar Capital Snags $19M CA Office Property
NKF Capital Markets completed the sale on behalf of the seller, Mar Ventures, which was the original developer of the 77,201-square-foot asset in Torrance.
Time Equities Acquires Eastern TN Retail Center
The shopping center, leased to a variety of tenants including Books-A-Million, Jo-Ann Fabrics, Shoe Carnival and Catherine’s, contains more than 140,000 square feet.
Investcorp Enters German Market
The firm purchased Bürocampus Wangen, a 500,000-square-foot mixed-use office campus in Stuttgart, Germany, in a joint venture with Continuum Capital Investment Management GmbH.
Eldorado Resorts to Add Chicagoland Casino to Growing Portfolio
The company plans to buy the Grand Victoria Casino in Elgin, Ill., a gambling venue with more than 1,000 slot machines, 30 table games and a poker room.
Tropicana Entertainment to Sell for $1.9B
Majority owned by Icahn Enterprises, Tropicana will sell its real estate assets to Gaming and Leisure Properties and merge its gaming and hotel operations with Eldorado Resorts in the all-cash deal.
Foxfield and Novaya Receive $8M Loan for NJ Acquisition
The joint venture invested in three properties located within Pureland Industrial Complex, a 3,000-acre park providing immediate access to major distribution routes and the Ports of Camden and Philadelphia.
Duke Realty Inks Full-Building Industrial Lease in NJ
RAB Lighting, a manufacturer of indoor and outdoor LED lighting and controls, will relocate and expand its northeast distribution center operations in the new 264,000-square-foot facility in Cranbury.