Deals
HFF Facilitates Sale of Fort Lauderdale-Area Retail Asset
A 16.20-acre grocery-anchored retail center has changed hands in Plantation, Fla.
Mack Real Estate Group Sells 1411 Fourth in Seattle CBD
As the seller pivots towards a multifamily-centric strategy, assets such as 1411 Fourth have to be traded.
Cross-Border Buyer for Carlson Hotels
Carlson Hospitality just revealed that it has signed on the dotted line to sell Carlson Hotels to this Beijing-based global conglomerate.
Gramercy Extends Portfolio with 12 Industrial Buildings in U.S. and Canada
The 12 industrial assets are located in major markets and were acquired for $115.2 million. Gramercy assumed four mortgages for the transaction.
Equity Commonwealth to Sell Hoboken Office Asset for Tidy Sum
Equity Commonwealth will sell the 13-story tower to Mack-Cali Realty Corp.
Pontus Capital Secures $109M Loan for National Retail Portfolio
HFF managed to secure a $109 million acquisition loan for Pontus Capital to purchase a 61-asset retail portfolio in the Eastern U.S. and Northern California.
Scandic Hotels Takes Over Hotel in Finland, Plans Expansion
Scandic Hotels will open a new hotel in Vaasa, the largest economic center in Finland’s Österbotten region.
Spacer, Costockage Team Up to Expand Services in Asia
Australia’s “Airbnb of storage,’’ Spacer, and European firm Costockage will jointly launch their business in Asia’s growing self-storage market.
North Boston Office Asset Commands $22M
The new owner plans to turn the four-story building at 200 Exchange St. into a mixed-use facility featuring retail, a data center, and almost 200,000 square feet of creative office space.
Chevron Partners Shells Out $24M for Boston’s Sears Crescent Building
The 50,300-square-foot building completed in 1816 was fully leased at the time of sale to 14 tenants.