Deals
Xenia Buys Arlington Hotel for $105M
The hotel is situated in one of the busiest upscale segments of Arlington county. The property recently underwent an $11 million renovation.
Las Vegas 644 KSF Site Changes Hands
Marcus & Millichap represented the seller in the transaction, which hit a record-high price of $18.5 million. The Las Vegas Strip is nearby, as is the planned future home of the NFL’s Las Vegas Raiders.
Radler Snags 100 KSF San Antonio Office Property
The Class A office property was recently completed and is fully leased to a single tenant through April 2027.
Westmount Grows Chicago-Area Industrial Portfolio by 2 MSF
Most of the 21 properties making up the portfolio are located near the Chicago O’Hare International Airport and the Illinois Port District.
JLL Closes Sale-Leaseback of Northwest Houston Industrial Asset
The new owner and lessor of the property, Industrial Property Trust, will lease the entire facility to the tenant that currently occupies it.
Suburban Orlando Business Park Commands $20M
CBRE brokered the sale of the six-building Suntech Commerce Park campus, which is leased to a diverse mix of tenants including Applied Concepts, Vitil Solutions, EDCO Group and Massey Services.
ASB JV Nabs Brooklyn Warehouse Complex
The two-building industrial asset is located in Brooklyn’s Sunset Park neighborhood and includes 21,000 square feet of surface parking.
Grocery-Focused REIT Completes $1B Sponsor Buy
Phillips Edison’s transaction has created the largest REIT exclusively focused on grocery-anchored shopping centers. The new entity has an enterprise value of roughly $4 billion.
Charles River, AEW Land $205M Mixed-Use Financing
Located a few miles from Boston, The District Burlington is a 1 million-square-foot urban park with suburban environment features. Tenants are attracted by its enhanced connectivity, walking trails and private shuttles.
Waterton Enters DC Hotel Market
The company acquired the former Loews Madison, a 356-key downtown hotel with a rich history. The property, rebranded as The Madison, a Hilton Hotel, has undergone more than $75 million in capital improvements in the last 15 years.