Deals
Five More Dunkin’ Donuts Restaurants Coming to New Orleans
Dunkin’ Donuts plans five additional restaurants in New Orleans with existing franchise group, Panama City Donut Network LLC.
HFF Arranges $61M Refi for Retail Portfolio
HFF arranges $61 million refinancing for Civic Center Plaza, Willow Lake West, Merchant’s Village and The Shoppes of Kildaire.
Origin Capital Partners Launches Crowdfunding Deal in Denver
For as little as $10,000, a crowdfunding deal initiated by Origin Capital allows investors to become part owners of a high-end office building in Denver.
TIAA-CREF Reorg Gives RE, Other Real Assets Own Unit
The financial services firm is undergoing a major reorganization with several structural changes, a new business division and the announced retirement of an industry veteran.
QIC, Forest City Enter JV for Westchester Regional Mall
One of Australia’s largest institutional investment managers has acquired a majority stake in the 1.3 million-square-foot Ridge Hill mall, extending its joint venture with Forest City.
First Washington Realty Heads Into the (West) Woods
An affiliate of First Washington Realty Inc. is the new owner of West Wood Shopping Center.
Investor Grabs Secure Net-Leased Property in Bradenton
Bradenton, Fla.—An 11,200-square foot net-leased property sold for $4.75 million in Bradenton. Marcus & Millichap facilitated the sale of the freestanding property. Senior Associate James Medefind of the firm’s Tampa office had the exclusive listing to market the property on behalf of the seller. The buyer was secured and represented by Associate Chris Adams of the firm’s Dallas office. Both parties are private investors, the identities of whom remained undisclosed. Built in 2003, the asset sits on 1.21 acres at 520 First St. West. Located on the main thoroughfare of U.S. Highway 301 leading to Manatee Memorial Hospital, the site benefits…
TJM Properties Snaps Up Former Harrah’s Resort
The Florida-based firm is the new owner of the shuttered Harrah’s Tunica, located in the “casino capital of the South” and once the property of Caesar’s Entertainment.
HFF Leads $135M Refi for D.C. Trophy Office Building
A joint venture between Hines and Sarofim Realty Advisors secured the 10-year loan to refinance 700 11th St. N.W., in Washington, D.C., Williams & Connolly’s global headquarters.
Forest City Bids Adieu to Stake in Barclays, Nets
As part of its new REIT structure, Forest City continues selling off assets in 2016, this time exiting the basketball business.