Deals
Lidl Enters Texas Market
The German grocer acquired more than 5 acres in San Antonio and later this year will begin construction of a 30,000-square-foot location.
GBT Realty Acquires Alabama Retail Center
HFF represented DDR Corp. and TH Real Estate in the sale of McFarland Plaza Shopping Center, a 234,000-square-foot property in Tuscaloosa.
Kayne Anderson Buys Sentio Healthcare for $825M
The REIT’s portfolio comprises 33 properties, including private-pay senior housing assets, skilled nursing facilities, medical office buildings and specialty medical properties.
Cushman & Wakefield Expands ATL Lease for SunTrust Bank
The tenant renewed its 48,871-square-foot lease and added another 8,486 square feet of office space at its location in the Central Perimeter submarket.
HFF Brokers $44M Sale of Charlotte Hotel
Hospitality Properties Trust purchased the Crowne Plaza Charlotte Executive Park, a 300-key hotel that underwent an extensive revamp process in 2014. Intercontinental Hotels Group will manage the asset from now on.
New Skyscraper Coming to Uptown Charlotte
Ally Financial leased the majority of Ally Charlotte Center, a 742,000-square-foot office tower built by Crescent Communities. Construction on the 26-story building is set to begin early next year.
Calare Properties Lets Go of MA Asset
The warehouse, which Calare bought in 2015, is located in Watertown, Mass., and changed hands for $15 million. It is 100 percent leased.
Monmouth Lands 300 KSF OH Industrial Building
The company purchased the new asset for $18.3 million. Located in Kenton, the property is leased to New York-based International Paper Co.
Seagis Property Group Expands NYC Portfolio
The company acquired three warehouses totaling 135,000 square feet. This purchase marks Seagis Property Group’s entry into the Brooklyn submarket.
CenterSquare Spins Off from BNY Mellon
The firm, set to be sold to its management team and private equity firm Lovell Minnick Partners, has $9 billion in U.S. assets under its umbrella, as well as global real estate and infrastructure investments.