Deals
Sovran, LifeStorage Become One
Sovran Self Storage has completed the $1.3 billion acquisition of LifeStorage LP, and plans to rebrand as Life Storage Inc.
San Jose Marriott Changes Hands
The 510-key hotel, which is connected to the McEnery Convention Center, traded for roughly $300,000 per room.
Cush&Wake Lends a Hand with Tampa Office Sale
At the time of the sale, the Class A office building was 100 percent leased to six high-quality tenants.
USAA, Brackett Flagship Grab Norfolk Medical Office Asset
The joint venture partners have acquired the iconic DePaul Medical Plaza in the heart of Hampton Roads.
AutoNation Goes Shopping in Westchester County
The largest automotive retailer in the U.S. is expanding its New York State footprint.
Dominion Virginia Gets the Go-Ahead for Solar Trio
Scheduled for completion in December, the facilities will generate 56 megawatts at sites in Powhatan, Louisa and Isle of Wight counties.
Blackstone JV Nabs Allianz’s $255M Berlin Base
The 970,000-square-foot asset was sold by Deutsche Office, a subsidiary of alstria office REIT-AG.
JLL Expands South Texas Footprint
The Chicago-based company has acquired Travis Commercial of San Antonio, continuing its aggressive acquisition activity this year.
Grosvenor Nabs Boutique Office Asset in San Fran
The 109-year-old building is located in the heart of the city’s Jackson Square neighborhood.
Apple Hospitality Snags Home2 Suites Atlanta Hotel
Built in the early 90’s as an office building, the all-suite hotel retains its historic look and architecture and features 128 suites.