Investment
Seattle Trophy Office Tower to Change Ownership in $625M Deal
Hudson Pacific Properties and Canada Pension Plan Investment Board signed a deal to acquire a 668,000-square-foot building in the city’s downtown.
Dallas-Area Infill Industrial Portfolio Sells
JLL Capital Markets brokered the deal on behalf of buyers Birtcher Anderson and Belay Investment Group and also arranged the acquisition financing.
Triten, Taconic Acquire Downtown Houston Office
The new owners have tapped HPA Architecture to redesign the 17-story building that was built in 1971.
Under Pandemic Pressure, Capital Markets Adapt
A special report from Marcus & Millichap suggests that, despite all of the pandemic’s disruption to the CRE sector, the capital markets side is adapting quite well.
Clarion Partners Buys $201M Charlotte Logistics Park
Situated along the I-77 industrial corridor, the eight-building complex encompasses approximately 1.9 million square feet.
Monday Properties Pays $27M for Connecticut Office Asset
The two-building, 224,000-square-foot property in Stamford was more than 73 percent occupied at the time of sale.
ROVR Development Buys Miami MHC for $15M
The new owner financed the acquisition with an $8.5 million loan from Bank of America.
Suburban Orlando Retail Center Trades for $26M
Glenborough LLC sold the nearly 123,000-square-foot Kissimmee property. Publix anchors the asset.
Axton Group Buys Renaissance Austin Hotel for $70M
The company is planning to renovate the 492-key property’s public spaces and meeting rooms for the post-COVID-19 era.
Rialto Sells Former Sears in Northeastern Philly for $29M
The new owner plans to reposition the 237,000-square-foot property under the “Court at Cottman” label.