Deals
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.
Starwood Continues Expansion in Gateway European Cities
After opening a record 18 new hotels in Europe in 2015, Starwood is planning to further expand its footprint across the continent with the completion of more than 30 projects by 2020.
BlueRock Fund Lands German Media Group HQ
BlueRock Fund has acquired Neven DuMont Haus, the headquarters of one of the largest media groups in Germany.
HFF Facilitates Refinancing of Suburban Philadelphia Retail Asset
HFF has arranged a $10.7 million refinancing loan for Lionville Shopping Center, an approximately 93,000-square-foot retail property located in Exton, Pa.
Walker & Dunlop Refinances Self-Storage Property in Broward County
Fort Knox Self Storage, an 833-unit self-storage facility in Pompano Beach has been refinanced through a $3.5 million loan arranged by Walker & Dunlop.
Foreign Auto Supplier Snags Industrial Warehouse near Motor City
A former Staples fulfillment center near Detroit was sold last month for north of $8 million.
$88.8M Earmarked for Hudson Valley Medical Village
HealthAlliance of the Hudson Valley received state funding to transform its Mary’s Avenue and Broadway campuses, marking the largest renovation and construction in the hospitals’ 122-year history.
Westwood Metro Tower Changes Hands in Tysons Corner
A joint venture between Rockpoint Group and MRP Realty has acquired a LEED certified office building in Tysons, Va.
Kimco’s Grand Parkway Marketplace Lands Target Store
A 450,000-square-foot open air shopping center in Spring, Texas, lands Target as the anchor retailer.