Deals
CapRock Buys Phoenix Facility for $8M
The company acquired an industrial property in an off-market transaction, with plans to transition the asset to Class A standards.
Blackstone Closes International Market Centers Acquisition
The company purchased the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries from Bain Capital Private Equity and funds managed by Oaktree Capital Management.
MOB REIT Gives Itself a Growth Spurt
In two separate deals, Physicians Realty Trust has agreed to acquire six medical office buildings for a total of $189.4 million.
Hilton Grows DC Presence With Iconic Building
Loews Madison Hotel, built in 1963, became The Madison Washington DC, a Hilton Hotel. The 365-key building is located among Washington’s most popular attractions.
InvenTrust Nabs 226 KSF Texas Retail Center
Located in the south Austin suburb, the center sits approximately 20 miles south of the Austin central business district. The property is anchored by H-E-B Plus and features nationally known tenants and is 98 percent leased.
Mass Equities Receives $30M Loan for Industrial Buy
Mass Equities, leader of a Santa Monica-based joint venture, received a $30 million loan to purchase a 157,210-square-foot industrial property in Denver. The joint venture plans to turn the space into a mixed-use property.
Seagis Buys Warehouse Complex in Miami
With its latest acquisition, the company’s holdings include 10 million square feet of industrial buildings in South Florida, New Jersey and New York City.
KBS Strategic Snags Greater Dallas Office Tower
Brookwood Financial Partners sold 125 East John Carpenter Freeway, a renovated 18-story building in Irving, Texas, three years after its acquisition.
JLL Facilitates Sale of Rail-Served Property in Houston
JLL represented the buyer, a Houston-based supplier of multiple types of plastic resins. The property will serve as the supplier’s company’s global manufacturing and distribution center.
Hilton Garden Inn Sells for $44M in Portsmouth, NH
Chatham Lodging Trust is the new owner of the 131-key hotel, which opened in 2006. The company purchased the property from Cathartes Private Investments.