Deals
Wyndham to Buy AmericInn Brand for $170M
The transaction includes 200 franchised hotels, as well as management company Three Rivers Hospitality. The portfolio totals 11,600 rooms and a pipeline of 23 projects.
SoCal Industrial Park Commands $211M
The six-building campus in Rancho Dominguez is 99 percent leased to 23 tenants. Situated adjacent to the Alameda Intermodal Corridor, the property offers access to five major freeways.
Calare Properties Buys Warehouse, Secures Medical Marijuana Lease
The new owner acquired the industrial property in Littleton, Mass., and inked a 10-year lease with Premier Health Group LLC, an affiliate of a non-profit that provides organic medicinal marijuana to qualified patients.
Waypoint Acquires 288-Unit Student Housing
The company plans to redevelop the student housing into conventional apartments. Renovations will be made to the unit interiors, as well as to the exterior.
Feldman Arranges New Lease at Tampa Office Tower
The new tenant will relocate its headquarters later this year and will occupy the 18th floor of the office building which is currently under renovation.
C&W Closes Downtown Miami Lease Renewal
Cushman & Wakefield’s advisory team of Tony Jones and Ryan Levy worked on behalf of the long-term tenant in the lease negotiations.
Inland Real Estate Acquires 49 CVS Properties
Totaling 651,216 square feet across 16 states, the portfolio traded for more than $211 million. Joe Consenza, David Neboyskey and Kristin Orlando facilitated the transaction.
St. John Properties Closes 100 KSF in B’More-Area Leases
The seven companies inked for space within Greenleigh at Crossroads, a phase of the 1,000-acre development Baltimore Crossroads @ 95.
HFF Facilitates $16M Sale of NC Site
Managing Directors Justin Good and Jeff Glenn together with Senior Director Allan Lynch represented Wells Fargo Bank in the sale of a roughly 19-acre site in Raleigh, N.C., to DeWitt Carolinas Inc.
Gramercy Closes $1.1B Sale of Euro-Portfolio
The transaction includes 35 assets totaling 11.6 million square feet, fully occupied. The properties are primarily in Germany and the Netherlands, with smaller footprints in France, Poland and the U.K.