Deals
StepStone Invests in HRI Hotel Expansion
Robert W. Baird & Co. served as financial advisor to the New Orleans-based hospitality company.
LA Office Sales Break New Records in 2016, CommercialCafe Report Shows
The sales volume hit a 10-year high last year, with Blackstone and Douglas Emmett scoring as top players.
Marcus Partners Expands New Jersey Footprint
The company plans to implement a $7.6 million improvement program at its newly acquired 230,000-square-foot office building in Morristown.
Houston’s Northborough Tower Under New Ownership
The office property is currently vacant, although it is 99 percent leased to Noble Energy until 2018.
Greenstone Nabs 107 KSF Office Building in Atlanta
The company arranged the acquisition financing with SunTrust Bank.
Sonnenblick-Eichner Co. Secures $41M Loan for Eastlund Hotel
The company provided a 10-year, fixed-rate loan for the 168-key hotel from an international money center bank.
Brixmor Property Group Acquires Retail Center for $102M
The purchase makes Brixmor the largest institutional landlord in the Ann Arbor, Mich., market.
HFF Arranges $99M Financing for Iconic Portland Office Tower
The 2016 sale of Pacwest Center was the largest commercial transaction in Portland.
Hanley Sells SoCal Single-Tenant NNN Rite Aid Asset
The brand-new 17,185-square-foot property was completed in late 2016.