Deals
Equus Capital Buys Suburban Philly Trophy Asset
Brandywine Realty and Realen Properties sold 1000 Chesterbrook Blvd., in Berwyn, Pa., which is located in Philadelphia’s largest suburban office submarket.
The Stein Mart Building Changes Hands in Jacksonville
Headquarters to Stein Mart Inc., the 10-story office building is currently 96 percent leased and it home to more than a dozen companies.
HFF Arranges Financing for Transwestern Property Buy
The broker secured acquisition financing for a five-property industrial portfolio in metro Chicago.
Indianapolis Hotel Reacquired by Original Developer
White Lodging has closed on the $165 million purchase of the 622-key hotel, with plans to begin a major revamp in 2017.
Harbert Management Buys 360KSF Mixed-Use Development in Dallas
HFF has arranged the sale and acquisition financing for Plaza at Solana, working on behalf of seller Equity Office and buyer Harbert Management Corp.
Workspace Property Trust Buys $969M Office, Flex Portfolio
WPT teamed up with Safanad to acquire 108 properties from Liberty Property Trust.
PGIM Picks Up Alpharetta Lifestyle Center
The real estate investment business of Prudential Financial reportedly paid $500 million for the Avalon mixed-use center.
Carey Watermark Grabs 372-Key La Jolla Hotel
The company plans to renovate the property’s meeting space within the next two years.
Atlanta Omni Hotel Lands $59M in Construction Financing
The 16-story hotel will feature 264 guestrooms, 12,000 square feet of meeting space, a restaurant with rooftop seating, and more.
Historic Boston CBD Office Building Trades for $42M
Deka bought the 85,977-square-foot property from GLL Real Estate Partners.