Deals
DiamondRock Adds to Hotel Portfolio
The company purchased The Landing Resort & Spa, a 77-key luxury resort in Lake Tahoe, Calif., for $42 million.
BKM Capital Partners Buys San Diego Industrial Property
Situated in the Miramar submarket, Activity Business Center is a 160,943-square-foot industrial property. Cushman & Wakefield represented the seller, Lincoln Property Co.
CFI Snags $40M SC Office Building
The previous owner, Daimler Trucks North America, has been the sole tenant at the property since 2008 and recently extended its lease for another 10 years.
CPE’s Top 5 February Posts
Miss out on any CPE stories in February? Here are five of our most popular articles for the month.
OA Development Snags $63M Charlotte Portfolio
The deal marks the firm’s largest acquisition to date. The Park – Huntersville includes nearly 400,000 square feet of office space and is part of a larger master-planned commercial park.
LFC Development Signs Tenant in South FL
Duane Morris will move into a 61,905-square-foot office building within Boca Raton’s Lynn Financial Center. Constructed between 2007 and 2009, the park is LEED Gold-certified.
Cohen Asset Management Buys $35M Phoenix Property
Living Spaces sold the 437,234-square-foot showroom and distribution center located on Interstate 10 in a deal facilitated by JLL Capital Markets.
Akridge Adds Iconic Building to Portfolio
New South Ventures sold Trust Building, a 41,000-square foot office asset in the heart of the city. PMC Real Estate Capital arranged the financing through RGA Reinsurance Group.
Lincoln Offloads YETI’s Austin Headquarters
The property, which opened last summer, includes nearly 170,000 square feet of Class A office space across two three-story buildings.
Dalfen America Lands 272 KSF Industrial Asset in Durham, NC
The partnership between Trinity Capital Advisors and SilverCap Partners sold the fully occupied property for $16.8 million. HFF represented the seller in the transaction.