Deals
Aspen Skiing, KSL Capital Nab Intrawest Resorts in $1.5B Deal
Scheduled to close during the third quarter, the deal includes resorts in the U.S. and Canada, an adventure travel business and more than 1,000 acres of land.
Uniti Group Eyeing Southern Light for $700M
The deal falls in line with the telecommunication services provider’s strategy of acquiring high-quality, mission-critical communications infrastructure which will enhance growth prospects within the company.
Madison Partners Brokers Hollywood Office Sale
The 29,000-square-foot property, which is fully leased by Deluxe Entertainment Services, traded for $12.6 million.
Lincoln Property Co. Nabs LA-Area Office Tower
The firm and its partner Long Wharf Capital acquired the 101,526-square-foot office tower and plans to renovate and reposition the asset.
Ovitas Acquires Office Asset in Burlington
The two-story facility will be renovated before the new owner moves in. The property is located less than one mile away from Route 128 and the Burlington Mall.
Care Capital to Acquire $400M Hospital Portfolio
The behavioral health hospitals located in California, Arizona and Illinois will be leased to affiliates of Signature Healthcare Services on a ten-year triple-net basis, upon completion of the transaction.
Retail Center in Philadelphia Sells for $52M
Bakers Center, a grocery-anchored shopping center, is located on a 27-acre lot in an area poised for growth. The asset is anchored by ShopRite, Ross Dress for Less and Planet Fitness.
Business Property Trust Sells 3 Self-Storage Facilities in Arizona
The facilities, totaling 1,111 units, traded for the combined purchase price of $8.6 million. All assets are well located within the Tempe Town Lake/Rio Salado district.
Avison Young Brokers $8M Sale of Monterey Boutique Hotel
Local private investor rises to the occasion to nab a 52-key property in an area with a moratorium on new hotel construction.
DHL to Expand Port of Houston Industrial Campus
DCT will add a third distribution building to DHL’s leased campus on Texas 225 in La Porte, near the Port of Houston.