Deals
Dallas Shopping Center Changes Hands
Kite Realty Group sold a 208,000-square-foot retail center in Dallas to Rainier Realty Investment. At the time of sale, Wheatland Towne Crossing was 92 percent occupied.
GHX Industrial Anchors Houston Business Park
The industrial distributor will settle into a 143,500-square-foot facility that consists of 121,000 square feet of warehouse and shop space, as well as 22,500 square feet of office space.
Shanska Sells Oslo Office Building Shares
Entra purchased Skanska’s 50 percent shares in a 103,000-square-foot office building in Oslo, Norway. The property changed hands for roughly $95 million.
NAI Closes Bay Area Shopping Center Sale
The company represented both the buyer and the seller of the 50,047-square-foot neighborhood center in Newark, Calif., in this off-market transaction.
Prologis to Buy Out Brazilian JV Partner for $362M
Upon closing, during the second half of the year, the company will own a full interest in 20 industrial properties, with an average occupancy of 90 percent.
Crowne Plaza Ravinia in Atlanta Lands New Owner
Sold by Ashford Hospitality Trust, the 495-key property in Dunwoody changed hands for $89 million. The former owner had bought the hotel in 2011 as part of a $1.3 billion portfolio.
Dominion Energy Adds to Its VA Solar Portfolio
The company acquired Clarke County Solar, a 10-megawatt solar array, and plans to purchase the 20-megawatt Cherrydale facility, presently under construction in Northampton County, Va.
BMG to Consolidate Operations on Music Row
The music company will relocate from two existing Nashville offices to a planned office building that will rise on the site of the Country Music Association’s former headquarters.
Colliers International Secures 102 KSF Indianapolis Asset
The four and six buildings of the Corporate Center North feature a total of 101,727 square feet, leased 75 percent to Stericycle. The acquisition marks Tower Investments’ sixth purchase in Central Indiana.
Phoenix Self Storage Lands New Owner
The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.