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PGIM Picks Up Alpharetta Lifestyle Center
The real estate investment business of Prudential Financial reportedly paid $500 million for the Avalon mixed-use center.
Carey Watermark Grabs 372-Key La Jolla Hotel
The company plans to renovate the property’s meeting space within the next two years.
Opus Completes Xcel Energy HQ Annex in Minneapolis
The company will now consolidate operations and employees that were previously spread throughout the city.
Akridge, Stars Investments Plan Trophy Office Project in DC
The near-twin structures at 1101 and 1111 16th St. will be transformed into a single 100,000-square-foot office tower.
Wolverine State Wind Project Lands New Owner
Sempra U.S. Gas & Power has acquired a proposed wind farm in Huron County from Geronimo Energy.
QIA Makes Good on US Investment Promise—Again
A joint venture between Douglas Emmett and the Qatar Investment Authority paid $225 million for a 19-story office tower in L.A.
Hines JV to Recapitalize Chicago’s Citadel Center
The deal is reportedly the largest restructuring of a performing CMBS loan to date.
Starwood Brings Aloft Hotel to Syracuse
The 132-key hotel is part of the $350 million redevelopment of the city’s Inner Harbor.
$1.2B Redevelopment Planned for Downtown San Diego
The 70-acre waterfront project will be anchored by a 480-foot-tall observation tower.
Vantage Sells Coveted Silicon Beach Office Asset
Rockwood Capital shelled out $165 million to acquire the 11-acre Playa Jefferson campus in Los Angeles.