Deals
DC-Area Retail Asset Trades for $21M
Located in Bowie, Md., The Shoppes at Bowie Town Center is an 104,000-square-foot extension of a popular open-air center across the street and was built in 2004.
Equinix to Acquire Metronode for $792M
The company will add approximately 215,278 square feet of new colocation space. It plans to expand the new facilities, as well as take advantage of two subsea cables, both slated for completion in the first half of 2018.
San Antonio Medical Center Changes Ownership
The three-story, 42,000-square-foot medical facility was 95 percent leased to eight medical practices on triple-net leases.
Premier VA Office Tower Fetches $62M
PGIM Real Estate has sold One Global View in Herndon, Va., a 217,088-square-foot, ENERGY STAR-certified office building anchored by Airbus Group.
HFF Closes Sale of IL Nursing Facility
Helia Healthcare of Greenville is the only nursing home within a 20-mile radius offering skilled nursing services, including neuromuscular disorders care, amputation care, cardiac care, nutritional support, advanced wound care and enteral nutrition.
Savills Studley Adds Tenant to Atlanta’s Century Center
The Council of State and Territorial Epidemiologist will relocate its national headquarters to the FBI’s former Atlanta office in August 2018.
DHC Snags San Jose Holiday Inn Hotel
The new owner plans to complete a $15 million renovation of the Holiday Inn San Jose-Silicon Valley, a 354-key hotel located about one mile from San Jose International Airport.
HFF Brokers Grocery-Anchored Retail Sale in MD
Totaling 87,006 square feet, the North East Station shopping center is located between Philadelphia and Baltimore and anchored by Food Lion.
Emerald Hospitality Nabs Orlando Hilton Hotel
Hilton Garden Inn Orlando East / UCF Area hotel represents Emerald Hospitality Associates Inc.’s 24th acquisition. The 122-key hotel underwent a $2 million renovation in 2014.
RLJ Sells Luxury Boston Hotel for $170M
The historic Fairmont Copley Plaza, which dates back to 1912, sold for $444,000 per key, representing a 4.6 percent cap rate on the hotel’s 2017 NOI.