Investment
Duke Continues Retail Disposition Strategy, Selling Lifestyle Center for $188M
Duke Realty Corp. has sold a 391,120-square-foot lifestyle retail center in South Florida to an undisclosed buyer as it continues to reposition to mainly industrial holdings.
The Meridian Group Acquires SAIC Corporate Headquarters in Northern Virginia
The Meridian Group acquired Science Applications International Corp.’s landmark 18-acre corporate headquarters campus at Tysons Corner.
Manhattan M-F Portfolio Attracts $94.4M in Financing
A 12-property apartment portfolio in Manhattan has just been refinanced to the tune of $94.4 million, courtesy of Beech Street Capital L.L.C.
Carroll Org. Buys Four M-F Assets for $103M
Carroll Organization continues its shopping spree across the Southeast with the recent acquisition of four apartment communities for $103 million.
CBRE Hotels Sells Hampton Inn, Courtyard in Florida
There’s been no lack of activity in the metropolitan Jacksonville hotel market this year, and the Hampton Inn & Suites Ponte Vedra and the Courtyard by Marriott Flagler Center are among the latest properties to change hands.
JLL’s Denny St. Romain: Financing from Life Companies, Conduits, Banks
At the 2013 Mortgage Bankers Association CREF/Multifamily Housing Conference, Denny St. Romain, managing director of Real Estate Investment Banking at Jones Lang LaSalle, discusses three sources of commercial real estate financing today: life companies, conduits and banks.
BCRE Trades The James NY Hotel for $85M
Brack Capital Real Estate, a global real estate investment and development company, has sold The James New York, a luxury hotel in the popular SOHO neighborhood, for approximately $85 million to an undisclosed buyer.
Colliers Wins Assignment to Market GSA Portfolio
A $118 million, 16-property office portfolio fully leased to federal agencies through the Government Services Administration is on the market and attracting interest from both U.S. and international buyers.
JLL’s Marisha Clinton on Emerging Real Estate Markets and Industries
Marisha Clinton, director of research, Capital Markets, at Jones Lang LaSalle, names markets and industries that are on the “to watch” list for real estate investors.