Deals
CBRE Nabs Leading Producer of Advanced Tech for Real Estate
The company acquired Floored, the creator of Protofit and Luma.
Holiday Inn Hotel in Houston Changes Hands
PH Lodging, a subsidiary of Chicago-based Satkar Hospitality Management LLC, is the new owner of the hospitality asset.
Stockholders Approve New York REIT Liquidation Plan
NYRT will use a $760 million facility from Credit Suisse to repay previous debt, purchase Worldwide Plaza and fund the REIT’s dissolution.
Iconic Downtown LA Office Building Commands $336M
The 48-story Citigroup Center was developed by Rockefeller Group and designed by noted architectural firm AC Martin Partners.
JCPenney HQ Trades in Sale-Leaseback Deal
Dreien Opportunity Partners paid $353 million to acquire the 650,000 square feet of Class A office space within the master-planned Legacy Business Park.
Wheeler Buys Georgia Shopping Center for $37M
The purchase of Rivergate Shopping Center marks the 23rd year-to-date acquisition for the company.
HFF Arranges Sale of Hampton Inn Hotel in Austin
The asset is located 1 mile from Austin Bergstrom International Airport and 5 miles from the Formula 1 racetrack.
Self-Storage Development Site Sells for $11M
1784 Capital Partners is planning to develop a new self-storage facility on the 1.5-acre parcel in Bethesda, Md.
Meridian Acquires 105 KSF Office Building for $29M
This marks the second major office transaction for Meridian in northern California since September 2016.
Carey Watermark Acquires SF Ritz-Carlton
More than $20 million of capital improvements have transformed the hotel since 2014.