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LBA Logistics Buys Sacramento Industrial Property
The local Colliers office represented both the seller and the buyer in the transaction, which marks the city’s largest sale of its kind so far this year.
Real Estate Gives Back: The Goldie Initiative Helps Women Rise
A Chicago brokerage legend assists female up-and-comers by finding them mentors and training them in the skills needed to hold high-level CRE positions.
CIM Group, Carr Buy DC-Area Hotel
The two companies teamed up to acquire the 12-story, 254-key Crowne Plaza Hotel Alexandria, situated on the Potomac River.
Waterford Hotel, Waterton Form New Venture
Waterford took over operations of a 1,600-key group of eight Waterton hotels, increasing its portfolio to 41 properties totaling 6,200 guestrooms.
CBRE Ranks Top Life Sciences Markets
The report names the leading clusters for manufacturing, testing and R&D in the fields of biotechnology, pharmaceuticals and medical devices.
Colony Industrial Buys $1B Portfolio
The company acquired the seven-state collection of high-quality facilities from Dermody Properties, enhancing its footprint by 11.9 million square feet.
Tampa Hotel Lands $54M Loan
PCCP provided the senior loan for the recapitalization of the 325-key The Westshore Grand, part of the Urban Centre mixed-use complex.
Berkadia Acquires CPCP, Launches Structured Capital Group
Central Park Capital Partners, led by Noam Franklin, has diverse domestic and international finance relationships and is part of Berkadia’s strategy of becoming a one-stop shop.
Saban Sells, Buys $600M in Office Assets
The investment firm sold a 1.5 million-square-foot national portfolio and, as part of its strategy to acquire government-occupied properties, purchased a 340,000-square-foot building in Washington, D.C.
Lincoln Property, Angelo Gordon Acquire SoCal Office Portfolio
The collection of six Class B properties totals nearly 400,000 square feet and comprises assets in four Orange County, Calif., communities.