Investment
Orlando Resort Trades for $21M
The property, which includes 396 guestrooms and a water park, sold for $21 million.
Jacksonville Retail Center Changes Hands for $63M
Hobby Lobby and Best Buy are among the anchor tenants at the 212,000-square-foot property.
Stratus to Sell Austin’s Block 21 for $275M
Ryman Hospitality Properties will acquire the mixed-use entertainment destination in a transaction that will include cash and the assumption of existing debt.
Kennedy Wilson Buys UK Office Campus
The company and an equity partner paid $179 million for The Heights, a 25-acre office campus with five buildings in London’s Weybridge submarket.
PAG Investments Buys Hartford-Area Retail Property
The Stop & Shop-anchored shopping center is 3.7 miles southwest of downtown Simsbury.
MOB Portfolio Changes Hands in North Carolina
A joint venture of MBRE Healthcare and Kayne Anderson purchased the 10 medical office buildings that are fully leased to OrthoCarolina.
JLL Trust Buys Metro Phoenix Distribution Center
The Class A industrial property in Chandler, Ariz., changed ownership for $31 million.
Crescent Real Estate Sells Denver Office Center for $65M
JLL represented the buyer and arranged the acquisition financing for the 257,875-square-foot Tuscany Village Center.
Prologis Increases Development Capacity in China to $3.5B
The logistics real estate leader is boosting its presence in China in a series of major moves.
Sumitomo Corp. of Americas Eyes Phoenix for Major Expansion
SCOA purchased Collier Center, a 2.8-acre mixed-use development in the city’s CBD.