Deals
ARC Hospitality Takes More Hotels Off Summit’s Hands
American Realty Capital Hospitality Trust recently purchased six hotel assets in Washington and Colorado from Summit Hotel Properties, for a price tag of $108.3 million.
Arbor Square Office Asset Sold in Northwest Austin
AMC Investments sold a two-building office property in Texas to an out-of-state investor.
Trio of DC Office Buildings Command $45M
Urban Investment Partners paid $45 million to acquire three Class C office buildings in Washington, D.C., from American University.
Seattle Class A Office Building Commands $129.3M
MetLife paid a whopping $129.3 million for a Class A office building in Seattle’s South Lake Union.
Strategic Storage Trust II Buys Canadian Portfolio for $38M
Strategic Storage Trust II is expanding in Canada with the acquisition of three self-storage facilities in the Greater Toronto Area.
Shutterstock Expands Empire State Building HQ
Shutterstock has signed an expansion lease for 25,300 additional square feet at its iconic Midtown Manhattan headquarters.
Tysons Overlook Changes Hands for $92.5M
The Pentagon Federal Credit Union acquired a trophy office building in suburban Washington, D.C., from Logistics Management Institute.
IRG Snaps Up Weyerhaeuser’s Federal Way Campus
Industrial Realty Group has finalized the purchase of the Weyerhaeuser Campus near Seattle.
Invesco Shells Out $475M for Runway Playa Vista in Los Angeles
Invesco Real Estate paid a whopping $475 million for a 14-acre mixed-use asset in Westside Los Angeles.
NY Life & Encore Acquire 5005 LBJ Tower in Dallas
New York Life Real Estate Investors joined forces with Encore Office to purchase the former Occidental Tower in Dallas.