Deals
Rubenstein Partners Buys Stake in DC Trophy Building
The company cashed out $27.5 million for an 80 percent stake and plans to modernize the office property through a series of building and tenant service upgrades.
Spanish Conglomerate Buys $58M Miami Beach Hotel
Paul Weimer and Christian Charre of CBRE Hotels represented seller Rockwood Capital in the disposition of the recently refurbished art-deco property.
Helix Hospitality Nabs Northern AL Hotel
The Residence Inn Huntsville, built in 2002, includes a 78-guestroom mix of studio, one- and two-bedroom suites and sits near a major retail center.
Starwood Capital Buys Forestar Portfolio for $232M
The off-market acquisition included residential and commercial assets in high-growth markets throughout Texas, the Southeast and the Western U.S. The transaction follows an earlier bid by Starwood to purchase Forestar Group outright.
Nasdaq Relocates HQ to 4 Times Square
The Durst Organization inked a 15-year lease with the company to bring its headquarters to Nasdaq’s current MarketSite location.
Arby’s to Relocate HQ in Atlanta
Columbia Property Trust inked a 12-year lease with the company to occupy 161,000 square feet at Three Glenlake.
Transwestern Closes 142 KSF Texas Leases
WorldVentures expanded its global headquarters to 125,000 square feet at Legacy Tennyson Center, while Affinion Group signed a lease contract for 17,153 square feet.
Hilco Scoops Up Former Chicago Power Plant
The company plans to demolish the building and construct an industrial facility in the Little Village neighborhood. Remediation work of the 70-acre site might take up to 24 months.
Charleston Logistics Provider to Invest $36M in 400 KSF Expansion
The company acquired 26 acres of land at a former Navy base, with plans to build a facility to support its operations near Port of Charleston.
CareTrust Buys Montana MOB
The overall investment in the asset amounted to more than $5 million, including transaction expenses. Evans Senior Investments arranged the deal.