Deals
HFF Secures JV Partner for DC Trophy Office
Lincoln Property Co. and Pearlmark Real Estate plan to renovate an historic bank, along with developing an adjoining office building.
Starwood Capital Expands Manchester Footprint
The U.S. investment company expands its U.K. portfolio by grabbing its third hotel in the area, Holiday Inn Manchester City Centre.
Bixby Closes $56M Sale of Orange County Building
Karma Automotive LLC purchased the 262,463-square-foot property it had leased in August 2016. The company is planning to redesign its new headquarters to include further employee amenities and a branded experience center for its new Revero luxury sedan.
Webster Bank Closes on $7M Financing Deal
The portfolio financing for a craft beer cooperative includes a partnership with the U.S. Small Business Administration in conjunction with their 504 Program.
CNL Lifestyle Liquidates with $830M Final Sale
In the larger of two deals, EPR picked up a collection of 21 properties, the most prominent of which is the 3,000-acre Northstar California Ski Resort.
Chicago Grocery-Anchored Shopping Center Commands $107M
Federal Realty Investment Trust likes the market area’s strong demographics and the property’s location in Lincoln Park neighborhood.
Humanetics Lands Michigan Facility
The leading supplier of crash test dummies has bought a 78,065-square-foot property in Farmington Hills, Mich., from an owner of commercial and multifamily properties.
Monmouth Nabs FedEx Ground Terminal in Michigan
The company also acquired another FedEx-Leased warehouse at the beginning of the year.
Stos Partners Sells One, Buys Two SoCal Assets
The company acquired two office properties located in Encinitas and San Dimas for a total amount of $7 million and sold an industrial asset in Rowland Heights for 6.6 million.
ESJ Acquires Interactive Zoo Park for $60M
ESJ also plans expansions and renovations for the park, expected to take two years to complete. The first phase will debut this summer.