Deals
CT Office, Distribution Center Changes Hands for $15M
The 260,000-square-foot building in Meriden, Conn., is fully occupied by two companies owned by Sports Direct: Bob’s Stores and Eastern Mountain Sports.
Fort Lauderdale Sheraton Sells, Gets New Management
Everwood Hospitality Partners acquired the 263-key hotel which features more than 10,000 square feet of meeting rooms and event space.
Majestic Signs 1st Tenant for WI Development
CTDI will move into more than 160,000 square feet of the distribution center, which opened in late 2016. The firm plans to hire 150 new employees in the space.
Caliber, Habitat Metro Acquire 8 AZ Assets
The new owners are planning to redevelop the downtown Mesa historic buildings, as part of the city’s revitalization project.
Alexander & Baldwin Takes 3 in Hawaii for $254M
Terramar Retail Centers disposed of three newly constructed retail centers, totaling 391,000 square feet. As part of the transaction, A&B also assumed $62 million in mortgage debt.
Hudson Pacific Inks 102 KSF Hollywood Lease Renewal
Trailer Park, a full-service agency specializing in content creation and entertainment marketing, has signed a 10-year lease renewal at 6922 Hollywood Blvd., and plans to renovate the space to accommodate for company growth.
SPI Inks Lease at NJ Industrial Asset
The new tenant signed for more than 25,000 square feet of manufacturing and distribution space in the building, which is situated within 10 miles of Manhattan.
Owens Realty Nabs Orlando Office Asset
A CBRE team led by Ron Rogg and Chip Wooten closed the $10.5 million transaction in the city’s Winter Park submarket.
Hunter Hotel Advisors Arranges Sale of Charleston Hotel
Situated in the heart of the tech-driven Summerville submarket, Home2 Suites is 93-key hotel featuring studio and one-bedroom units.
Newmark Knight Frank Puts Its Money in Knotel
The commercial real estate services firm’s strategic investment in the customized, on-demand office space provider will give its clients—both tenants and owners—options in the flex space arena.