Deals
Akridge, RDP Make Plans for a Suburban DC Trophy Office Building
In a unique deal, Akridge and Ronald D. Paul Cos. purchased a building from GEICO and arranged its new location in one fell swoop.
KBS REIT Buys Northern Virginia Office Building
KBS REIT III paid $52 million for the acquisition of an approximately 95,000-square-foot office property located in Arlington, Va.
Tampa Multifamily Activity is on the Rise
Southeast-based Franklin St. is making waves in Tampa with the sale of five multifamily communities in five days for more than $50 million.
Phillips Edison Continues Expansion
Cincinnati-based Phillips Edison continues its national retail shopping spree.
HBS Global’s New Half-Billion-Dollar Buddies
A joint venture from Hudson’s Bay Co. and Simon Property Group has unloaded $533M of equity to three investors.
Century City Office Building Welcomes New Tenant
NGKF inked a deal for the largest commercial office relocation to Century City in more than a decade.
Kansas City Shopping Center Fetches $27M
A new owner has emerged for The Shops at Boardwalk in Kansas City, Mo.
Hollywood Buyer Snaps Up Boca Office
Naya USA Investment & Management LLC, a Hollywood, Fla.-based company, purchased URS Corporate Center.
St. Pete’s Morgan Stanley Tower Reaches Full Occupancy
A 1,700-square-foot lease with Paradise Marketing has brought Morgan Stanley Tower in downtown St. Petersburg to 100 percent occupancy.
RPAI Buys Greater Baltimore Retail Asset
A 138,000-square-foot retail center in the Washington, D.C./Baltimore corridor has recently changed hands.