Deals
BKM Adds 227 KSF to Phoenix Portfolio
The company has purchased Northwest Business Center for $17.2 million.
Transwestern Secures $28M for Boston Industrial Park
The 654,050-square-foot, Class A industrial space is currently 82 percent leased.
Phoenix Resorts Trade for $97M
DiamondRock Hospitality has acquired two resorts totaling 158 guestrooms in Sedona, Ariz.
Albany-Area Retail Center Trades for $15M
The new owner plans to invest more than $21 million in renovations.
Playa Resorts to Go Public with $500M Infusion
The merger between Pace Holdings Corp. and the luxury hospitality firm will deliver an enterprise value of $1.75 billion.
MRP Realty, Barings Close on Philadelphia Office Asset
Three Parkway was originally built in 1970 and underwent renovations in 2005.
Macy’s Inc. Sells Its Downtown Minneapolis Store
601W Cos. acquired the building for $59 million and plans to redevelop it into a mixed-use property.
MEPT Nabs Atlanta-Area Kedron Village II
MEPT Fund also owns the adjacent Kendron Village I, a grocery-anchored retail center.
Jonathan Rose Lands Forest City’s Affordable Housing Arm
The $500 million acquisition doubles Jonathan Rose’s portfolio and includes 48 communities totaling nearly 8,500 units in seven states.
Savant Investment Partners Buys 2 Las Vegas Office Buildings
The company acquired more than 101,000 square feet in the Henderson, Nev., medical corridor.