Investment
CoreCivic’s $83M Acquisition of GSA-Leased Assets
The deal, structured through a DownREIT, covers 28 properties mostly situated in the South.
Hanley Investment Brokers Another California Starbucks Sale
The newly developed coffeehouse in Fresno changed hands for $1,345 per square foot.
Värde Partners’ Value-Add Play Reels In $641M
The company is selling eight prestigious hotels spread out across popular European destinations, including Rome, Florence and Venice.
Phoenix’s Biltmore Center Sells in Landmark Deal
The $212 million deal marks the largest multi-tenant office sale of the past 12 months and the fourth-largest in the metro’s history.
Richmond Retail Asset Sells for $22M
The 136,000-square-foot shopping center last traded some 20 years ago for more than $19 million.
Alcoa To Sell Arkansas Hazardous-Waste Facility
Under the agreement, the company will receive $200 million in cash at closing, plus a further $50 million if certain post-closing conditions are met.
DC-Area Office Portfolio Changes Hands for $19M
Newmark Knight Frank’s Larry FitzGerald and Cole Spalding represented the seller in the deal.
Quantum Real Estate Arranges Sale of 138 KSF Chicago Retail Center
President Chad Firsel and Vice President Jason Lenhoff worked on behalf of the seller.
Core London Office Asset Trades for $223M
Madison International Realty sold Five Acre Square, a 224,000-square-foot building in one of the metro’s most sought-after submarkets.
Walmart-Leased Inland Empire Asset Changes Hands
Avison Young acted on behalf of both parties. The 102,320-square-foot industrial property last traded in 2015 for $7.4 million.