Investment
Extra Space Storage Adds 37 Properties to Management Portfolio
The company invested $300 million in Jernigan Capital’s preferred stock and will assume management of its assets.
Skanska to Sell Stake in Public-Private Partnership for $625M
Established in 2012, the infrastructure partnership included a Macquarie Infrastructure and Real Asset-managed fund and the Virginia Department of Transportation.
Newport Beach Marriott Trades for $216M
Host Hotels & Resorts sold the 532-key luxury lodging destination in an off-market transaction orchestrated by CBRE Hotels.
Americold Boosts Footprint With $480M Buy
In addition to the 1.6 million-square-foot deal, the temperature-controlled storage firm also plans to invest $95 million in two expansion projects.
JV Buys Suburban Richmond Shopping Center for $11M
The 83,000-square-foot retail property traded for roughly $14 million less than at its previous sale in 2016.
TerraCap Acquires Denver Office Portfolio for $29M
The firm received a $22.8 million financing package for the purchase of two buildings totaling more than 180,000 square feet.
Anchor Health Grows Charlotte Presence With $50M Buy
The company acquired three fully leased medical office buildings totaling some 100,000 square feet.
CMBS Deals Continue in Face of Uncertainty
Issuances have rebounded after slowing to a standstill, but billions of dollars of troubled loans weigh on the market.
CBRE Brokers $16M Colorado Industrial Sale
Mike Eyer, Mike Camp, Julius Tabert and Greg Haynes assisted the seller of the 811,817-square-foot property.
Getting Deals Done in Uncertain Times
CBRE’s Val Achtemeier and Hoffman & Associates’ Jon McAvoy talk shop at the CPE-MHN Summit.