Deals
SkyWalker Property Closes First Houston Office Buy
The new owner purchased One Northwind Plaza from Aegon USA Realty Advisors and revealed plans to invest $1 million in capital improvements.
JLL Arranges Sale of Dallas Industrial Asset
Linron Properties disposed of a 289,000-square-foot manufacturing facility that also features 10 acres of laydown yard, fully utilized rail access and an additional 24 acres of contiguous land.
TSG Group’s New Platform Buys Downtown Indy Tower
Black Salmon, the company’s recently launched CRE investment vehicle, has acquired BMO Plaza, a 444,644-square-foot, 28-story Class A office building in Indianapolis’ central business district.
CBRE Arranges 199 KSF Plano Office Property Trade
With the assistance of the commercial real estate services firm, Alexander & Baldwin sold the suburban Dallas complex at 1800 & 1820 Preston Park to Libitzky Property Cos. and Sunwest Real Estate Group.
Stonecrop Technologies Inks 527 KSF Lease in Columbus
In a quick move that reflects the strength of the local market, Plymouth Industrial REIT signed the newcomer to a three-year deal just a few months after the old tenant vacated space.
Staybridge Suites Changes Hands in North Dallas
Granitepark-Parkwood LLC sold a 101-key hotel in Plano, Texas, to Ascend Growth Partners. CBRE negotiated the deal on behalf of the seller.
LBA Realty Expands DFW Industrial, Office Footprint
The California-based company purchased a portfolio incorporating more than 500,000 square feet of warehouse space, as well as a 53,600-square-foot office asset in Coppell, Texas.
NAI Hanson Completes Sale of NJ Flex Property
T&M Realty Associates purchased the 2,800-square-foot, mixed-use building in Hackensack from Voorhis Associates. The deal included 0.3 acres of land.
Union Investment Buys $149M Portland Hotel
The Germany-based firm has acquired The Porter, a 294-key hotel, located in the city’s central business district. The acquisition marks the company’s sixth property in the U.S.
Jernigan Invests $83M in Miami Self-Storage Portfolio
The portfolio includes five Generation V self-storage facilities developed by Miami City Self-Storage. CubeSmart is the manager of each property.