Deals
Hersha Sells Manhattan Hotels to Chinese JV Partner
Hersha Hospitality Trust sold seven of its Manhattan hotels for more than $570 million, through the closing of a joint venture with Cindat Capital Management.
Duke Energy Boosts Solar Holdings with Six New N.C. Projects
Duke Energy Renewables recently acquired six North Carolina solar projects, which will generate enough solar energy to power about 6,000 homes.
COCO Selects Windy City for Fifth Coworking Location
The collaborative workspaces provider has acquired Enerspace Chicago and moved into its new West Loop offices.
PAC Acquires Grocery-Anchored Portfolio in the Sunbelt for $68.7M
Preferred Apartment Comunities of Atlanta paid nearly $70 million for six grocery-anchored shopping centers in the Sun Belt area.
Camden Property Trust to Sell $630M Vegas Portfolio
As part of its capital recycling program. the REIT is letting go of a sizable portfolio, including 15 multifamily properties, a retail center and several acres of undeveloped land.
NYU Langone Leases Entire Manhattan Office Tower
The medical center signed a 30-year lease to take up the whole space at Columbia Property Trust’s 222 E. 41st St., with plans for a significant capital investment.
SSGT to Lease up Metro Miami Self-Storage Facility in 2017
Strategic Storage Growth Trust agreed to purchase an upcoming Pembroke Pines development consisting of 880 climate-controlled units upon issuance of a certificate of occupancy.
Guitar Center Sets Up New West Coast Distribution Center
The lease comes as the Inland Empire market’s vacancy rate is slated to go up.
Univision Sells its West Coast HQ to CBRE Global Investors
The Silicon Beach asset was immediately leased back to Univision.
Hines Signs Tech Company to Upscale Office Suite at 24th at Camelback
Presidio is moving closer to frequent business partner Cisco as a result of the leasing agreement.