Deals
Google Unit Moves into Former Onyx Biotech Campus
Verily, formerly known as Google Life Sciences, is taking up more than 400,000 square feet in an Alexandria Real Estate Equities campus in the heart of biotech country.
BlueRoad Ventures Shells Out $139M for Net-Lease Portfolio
The newly created company has already boosted its portfolio to 1 million square feet with the acquisition of a 48-asset retail portfolio.
143 KSF of Richmond Industrial Commands $11M
The 8000 Villa Park Drive industrial property, which changed hands for $11 million, is fully leased to direct mail marketing company Colortree Group.
H.I.G. Buys $17M Office Package on D.C.’s Route 28 South Corridor
The Chantilly lot comprises three buildings adding up to almost 100,000 square feet and a 12-acre adjacent parcel that could accommodate an additional 100,000 square feet of office.
Paradise Group Acquires Embassy Suites by Hilton Orlando Downtown for $26 Million
In a $26 million deal arranged by HFF, HEI Hotels & Resorts sold the 167-key Embassy Suites by Hilton Orlando Downtown to Korea-based Paradise Group.
Marriott International Doubling European Presence
Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide will bring the hotel giant’s European portfolio to more than 123,000 rooms.
Madison International Realty Takes a Piece of Sierra Portugal Fund
The real estate-focused liquidity provider has expanded its reach with a minority stake purchase in the prominent shopping center owner and an office acquisition in San Francisco.
Kearny Real Estate Sells Trophy Office Building to Bosa Development
Bosa Development acquired the Five Thirty B office building in downtown San Diego for $53.2 million from Kearny Real Estate Co.
Largest Ranch in U.S. Gets Sporty New Owner
The sale of the 535,000-acre ranch was the largest transaction in Sotheby’s International Realty’s history and was sold to a billionaire businessman and sports entrepreneur.
California REIT Signs 16K SF Lease at Park Center
Xplore Technologies at Park Center leased 16,228 square feet of office space to KBS Strategic Opportunity REIT.