Deals
FNB to Anchor Charlotte Mixed-Use Tower
The corporate parent of First National Bank will occupy 30,000 square feet at a new 31-story mixed-use tower in Charlotte, N.C., which is being developed by Dominion Realty Partners.
Crown, Crestpoint JV Buys $129M Toronto Office Asset
The downtown campus, which is slated for upgrades and also includes a 303-spot parking structure, marks the partnership’s second acquisition.
CBRE Arranges Sale of 1 MSF Industrial Asset
The firm worked on behalf of the seller, Ryan Cos. to arrange the $50.3 million disposal of a build-to-suit industrial facility located approximately 80 miles east of Minneapolis.
Dilweg Picks Up Midtown Atlanta Office Asset
The new owner revealed plans to invest more than $10 million in the repositioning of the seven-story Pershing Point, which is anchored by Kaiser Permanente and HUGE.
DiamondRock Grows Western Hotel Portfolio
The 242-key hotel first opened its doors in 2012, and is situated in downtown Phoenix, within the 1.2 million-square-foot CityScape mixed-use high-rise.
NAI Closes North Jersey Industrial Lease
The tenant, a newly formed industrial tire supply company, will occupy nearly half of the building, which totals more than 65,000 square feet.
Piedmont Office Realty Sells Orlando Asset for $28M
CBRE arranged the sale of HD Supply Building, a Class A, 182,461-square-foot office tower located in downtown Orlando.
Cousins Sells Orlando Portfolio for $24M
CBRE brokered the sale and arranged $18.3 million in acquisition financing on behalf of buyer-borrower Realty Capital Commercial Real Estate Advisors.
KBS Snags $88M Minneapolis Office Tower
Base Management disposed of the 523,000-square-foot Marquette Plaza, which is situated on an expansive 1.5-acre park, the largest green space in the city’s CBD.
Hilton Garden Inn Changes Hands in Maine
Dover Properties LLC sold Hilton Garden Inn Freeport Downtown, a 99-key asset dating back to 2005, located within a 20-minute drive of Portland.