Deals
CBRE Arranges Sale of Texas City Hotel
The 70-room Holiday Inn Express & Suites was acquired by Texas City Hospitality from Peet Hotels.
Finmarc Buys Big Industrial Portfolio in NoVa
The company has purchased 15 buildings comprising more than 750,000 square feet in Woodbridge and Fredericksburg, Va.
Orange County Office Acquisition Is Pendulum’s First Swing
Strengthening market fundamentals prompted the firm to acquire the $41.7 million Irvine asset.
JV Acquires Additional 180 KSF of Pearlridge Center in Hawaii
The partnership shelled out $70 million.
Northwood Investors Nabs Charlotte’s Ballantyne Corporate Park
The $1 billion deal is considered to be the largest single real estate transaction in Charlotte’s history.
Napa Valley Hotel Sells for $1.2M per Key
Ashford intends to finance the purchase with about $50 million of non-recourse mortgage debt.
Trump Taj Mahal in AC Transitions to Hard Rock
The new owners will invest more than $300 million to purchase, renovate and re-open the property.
Finmarc Closes $5M NoVa Office Sale
The 78,327-square-foot property was acquired by Better Lafayette LLC.
Lincoln Property Co. Expands Phoenix Office Portfolio
The company has purchased a Class A office building for $24.7 million.
Charlotte-Area Shopping Center Gets New Owner
Unison Realty Partners acquired Mooresville Festival, a property anchored by Kohl’s and Big Lots, for $10 million.