Deals
Intercontinental RE Enters NYC Market
The firm teamed up with a local investor for the acquisition and redevelopment of two office buildings in SoHo, which will result in 42,000 square feet of premier office space and a 4,500-square-foot, two-floor retail portion.
DRA Advisors Sells Metro Atlanta Office Park
CBRE brokered the transaction and will retain leasing and management of the 1.2 million-square-foot asset, which includes 21 mid- and low-rise buildings along the I-85 corridor in Chamblee, Ga.
Shorenstein Snags US Bank Tower in Sacramento
With help from JLL, a joint venture between David S. Taylor Interests and Britannia Pacific Properties sold the 25-story Class A office high-rise at 621 Capitol Mall.
Greysteel Arranges Sale of DC Mixed-Use
The property is located along one of the longest retail corridors in Washington, D.C. and holds further leasing potential with the possible addition of 2,018 square feet.
Key International Snags Northwest FL Hotel
Hampton Inn & Suites Destin sits directly across from the Gulf of Mexico and underwent a $12 million renovation program in 2014.
Baceline Acquires KC Shopping Center, Sells Indy Asset
The shopping center is set in a busy retail corridor and is home to a mix of retail tenants including Quest Diagnostics and The UPS Store.
Divaris Arranges Sale of Outparcel in Waynesboro, VA
The company represented the seller in the disposition of 1.4 acres at Waynesboro Town Center. Seven Development acquired the site, with plans to develop two additional retail properties totaling 9,620 square feet.
Dalfen America Buys $29M Industrial Portfolio
The portfolio includes four properties totaling 426,000 square feet, located in Lakeland and Winter Haven, Fla. JLL arranged the transaction on behalf of the seller, Parkway Partners.
C&W Secures HQ Relocation Leases in Ft. Lauderdale
The C&W team of Jeff Holding, A.J. Belt and Christina Stine negotiated leases totaling 12,927 square feet of office space on behalf of tenants Marksman Security and Outer Reef Yachts.
American Academic, Harrison Street Buy PHL MOB Portfolio
The portfolio includes four medical office buildings and a parking garage on the Hahnemann University Hospital campus.