Deals
KSL, HCC Purchase Utah Ski Resort
Deer Valley Resort offers more than nine properties in addition to its signature collection of private homes and condos. The transaction is anticipated to close prior to the upcoming 2017 to 2018 ski season.
Fully Leased NJ Industrial Asset Nabs $15M Financing
Arranged by Cushman & Wakefield, the loan was used for Camber Real Estate Partners and Advance Realty’s acquisition of a distribution center in Paterson, N.J.
CREG Grabs 259 Acres in MD for Large Industrial Spec
The company will partner with EverWest Real Estate Partners on phase one of construction, which will consist of a 500,000-square-foot speculative warehouse.
Trinity, Oaktree Form $3B Hotel JV
The partners will focus on high-quality, value-add hotels in a handful of markets around the world, including Hawaii, California, Mexico and Japan.
Bentall Kennedy Enters Portland MOB Market
The Class A asset includes space for medical offices, day surgery, on-site diagnostic imaging and laboratories, as well as 3,000 square feet of retail.
Hanley Completes Target Shadow-Anchored Retail Sale
The 22,577-square-foot shopping center in Lake Elsinore, Calif., changed hand for $11.6 million. The asset has long-term tenants and was fully occupied at the time of the transaction.
Dalfen America Buys B’more Class A Industrial Asset
Located five miles from downtown, the class A property is close to the CSX intermodal facility and the Fairfield Terminal of Baltimore Port.
Bridge Development Completes 2 Chicago Industrial Deals
The company sold a four-property portfolio in the O’Hare submarket for $69 million and purchased a 48-acre industrial site in Franklin Park.
AY to Oversee Sale of Major NC Master-Planned Community
The previous ownership had invested more than $100 million in improvements, including infrastructure such as roads, water, sewer, power, natural gas and fiber-optic service.
SAP Leases Space at New Atlanta Office Building
The company will join other notable tenants at 8000 Avalon, a mixed-use project that Hines and Cousins Properties completed in June 2017 in Alpharetta, Ga.