Deals
PFA Pension Fund Buys Stake in Large Office Portfolio
The Denmark-based company has teamed up with Spear Street Capital to acquire a 49 percent interest in the Invictus Portfolio, comprising 1.2 million square feet of space.
Sealy & Co. Buys Industrial Portfolio in Indianapolis
The seven buildings totaling 1.1 million square feet are located in the Park 100 campus within the city’s Northwest submarket.
Hyatt Centric to Open in Miami
The 208-key hotel will be part of the 83-story Panorama Tower, which will include the city’s tallest building and the largest residential development south of New York.
HFF Snags Hentschel & Co. in NYC
Steve Hentschel will now lead the firm’s M&A and corporate advisory services, provided by HFF Securities LP.
NJ Retail Center Trades for $51M
Phillips Edison Grocery Center REIT II purchased the only grocery-anchored shopping center in Pompton Plains.
TSCG Arranges Sale of Orlando Regional Shopping Center
An affiliate of Charlotte-based Gemini Real Estate Advisors purchased the LA Fitness–anchored asset for $16 million.
Hines, Oaktree Nab SF-Area Office Campus
Dublin Corporate Center was built between 2000 and 2001 and is reportedly one of the top assets in the submarket.
Biotech Firm Inks 125 KSF Tampa Lease
Amgen plans to open its new Tampa location in late 2017.
DLR Group Signs Lease Renewal in Orlando
The newly renovated office will allow the firm to execute projects throughout Florida and contribute to the growth of the Orlando market.
JV Snatches Up Manhattan’s Iconic 220 Fifth Ave.
The asset currently has six floors available for lease comprising 9,000 square feet each.