Deals
Super-Regional San Jose Mall Sells for $200M
Pacific Retail Capital Partners and Silverpeak Real Estate Partners plan to invest $15 million to renovate the 1.4 million-square-foot Eastridge mall in the heart of Silicon Valley.
YouTube Lands Massive San Bruno Office Park for $215M
The online video-sharing giant purchased a 554,328-square-foot Class A office campus as part of a major expansion for the company.
The Hampshire Companies Closes on Shoppes at St. Lucie West
The Hampshire Companies and joint venture partner Redfearn Capital acquired the Shoppes at St. Lucie West, a 264,000-square-foot retail center.
Admiral Capital Sails to Silicon Valley
San Tomas Plaza’s new owners, Admiral Capital Group and Bay West Development, plan to upgrade the property as well as its tenant roster.
Viking Partners Acquires Overland Pointe Marketplace for $8.5M
A suburban Kansas City retail center lands a new owner.
Green Light for $1.5B Boston Mixed-Use Project
National Real Estate Advisors and HYM won approval for a $1.5 billion project to transform a half-century-old parking garage into a major mixed-use development in Boston.
DLA Piper Adds Space in Manhattan
The global law firm signed a 15-year, 200,000-square-foot lease extension at 1251 Avenue of the Americas, with plans to build new office space across five floors.
Lightstone’s Times Square South Moxy Hotel Fetches $330M Financing
Lightstone scored $330 million for the development of a 618-unit Marriott Moxy Hotel in Times Square, part of the developer’s plan to expand the Moxy brand.
Ehmer Group Sells 60-Key South Carolina Hotel
The Sleep Inn, a Choice Hotels-branded property in Travelers Rest, S.C. was recently sold by The Ehmer Group, to be converted into a Best Western.
Florida Investor Snaps Up Atlanta Office Complex for $92.3M
Cousins Properties, owner and developer of North Point Center East, recently sold the four-building property for $92.3M to a Florida-based investor.