Investment
Trophy Atlanta Office Property Trades for $147M
Two Alliance Center, a premier office property in the trendy Buckhead submarket, has come under new ownership for a price tag of $147 million.
Plans Move Forward for Western Europe’s Tallest Residential Tower
British government granted planning consent for the redevelopment of a project in Vauxhall, central London, which will include Western Europe’s tallest residential tower.
Office in Boston’s Channel Center Gets $170M Construction Loan
Holliday Fenoglio Fowler secured a $170 million construction loan for Boston’s Channel Center mixed-use project involving a Class A office building.
HFF Arranges Sale of $148M Non-Performing Loan
HFF closed the sale on a non-performing loan carrying an unpaid principal balance of approximately $148 million.
Starwood Opens its Largest Hotel Worldwide: 4K-Room Sheraton Macao
Starwood Hotels & Resorts Worldwide started the first phase of building the largest hotel it owns, in Macau, the sole place in China where gambling is legal.
Cassidy Turley Secures 620 KSF Management Assignment in Suburban Washington, D.C
USAA Real Estate chose Cassidy Turley to spearhead property management services for two Class A office buildings in Arlington, Va.
Spirit Realty Capital Prices Initial Public Offering
The Scottsdale, Ariz.-based triple-net sector REIT launched an initial public offering Thursday, raising approximately $435 million, mostly to be used to pay off debt.
Thomas Properties, CalSTRS Buy 3 MSF Austin Portfolio for $859M
In an evenly split JV, Thomas Properties and California State Teachers’ Retirement System have purchased a group of eight office buildings in the Texas capital.
OHL Renews, Expands Space to 591 KSF in South Dallas
Ozburn-Hessey Logistics, one of the largest third-party logistics companies, has both expanded and renewed a lease in the third most populous city in Texas.
MB Real Estate Completes 260 KSF in Leases at Michigan Plaza
MB Real Estate has completed 26 lease transactions this year at a two-building complex in Chicago totaling 69 stories.