Investment
PCCP, Crocker Buy 2 Orlando Office Assets
The joint venture paid in excess of $50 million for the Class A portfolio totaling 245,111 square feet.
Hilton San Jose Sold for $118M
The 353-key property is located near major San Jose institutions and event venues.
Hines Completes First Closing of $1.4B European Fund
Thirteen institutional investors made equity commitments totaling approximately $709 million to a core plus/value-add investment vehicle that will have leveraged buying power of roughly $3.3 billion.
Eastern Los Angeles MOB Sells for $7M
The 22,055-square-foot building is fully leased by Chaparral Medical Group and Pacific Clinics.
Suburban Philly Retail Center Trades in $43M Deal
An Inland Institutional Capital joint venture purchased the Whole Foods-anchored Baederwood Shoppes on the Fairway in Jenkintown, Pa.
HCA Pays $22M for Las Vegas MOB
The firm’s acquisition adds 86,300 square feet of Class B space to the neighboring Sunrise Hospital campus.
Tampa Shopping Center Trades for $10M
CF Properties Corp. sold the Publix-anchored property in a 1031 exchange.
NB Development Sells Boston Landing Building
Nearby neighbors include the New Balance global headquarters and the Bruins’ Warrior Ice Arena.
Kimco Realty Sells 2 Phoenix Shopping Centers
The REIT traded the 307,000-square-foot portfolio for nearly $27 million, with the buyer securing acquisition financing from CIBC Bank.
Hanley, RML Arrange Sale of IL Retail Asset
The property contains an Aspen Dental-branded practice and T-Mobile.