Investment
Innovative Industrial Buys Michigan Asset, Welcomes LivWell
The company entered into a long-term, triple-net lease agreement with a licensee of LivWell Holdings that is expected to complete some $23 million in tenant improvements.
Queensgate Investments’ $400M US Expansion
The British private equity firm has acquired the boutique hostel brand Freehand Hotels from a consortium that includes an investment firm controlled by the billionaire Ron Burkle.
LaSalle Enters Life Sciences Market
The investment management firm has acquired an interest in Illumina’s 793,000-square-foot world headquarters campus in San Diego.
The Boulder Group Closes New Orleans Retail Sale
Partner Jimmy Goodman and President Randy Blankstein represented both parties in the transaction. The property is a newly built Goodwill store.
Tampa Industrial Park Sells for $16M
The asset contains nearly 185,000 square feet across six buildings. Colliers International represented the seller in the transaction.
Bridge Investment Group Buys Miami CBD Office Tower
The firm acquired a 259,700-square-foot asset in the city’s Legal District and is set to invest more than $4 million in property improvements.
Lincoln Property JV Buys $86M Nashville Portfolio
The two office buildings total 460,000 square feet and are located close to the international airport, 6 miles from downtown.
Homewood Suites Jacksonville Changes Hands
A joint venture acquired the 117-key extended-stay hotel for nearly $15 million as part of a larger, 18-property portfolio deal.
Charlotte Office Asset Trades for $26M
The sale marks the first time the 124,602-square-foot Parkview Building has traded since PICOA Inc. acquired it in 2007.
CBRE Brokers Sale of San Diego-Area Retail Center
The firm represented both the seller and the buyer in the transaction.