Investment
Flagship Healthcare Expands Charlotte Footprint
The investor’s $26.3 million acquisition includes six medical office buildings totaling more than 120,000 square feet in Cabarrus County.
Retail Investors Pull Back Amid Mall Woes
A new JLL report finds that buyers are getting more selective as structural changes rock the sector. Overall transaction volumes fell in the first quarter, while power center and grocery-anchored assets outperformed.
Boston-Area Shopping Center Trades for $86M
In a deal arranged by HFF, DWS Group acquired Meadow Glen, a recently revamped shopping center situated 15 minutes away from downtown Boston.
Founders Properties Buys Raleigh Office Portfolio for $23M
The three-building Class C office campus contains nearly 155,000 square feet. The buyer landed $14.5 million in financing for the deal.
Metro Miami Hotel Sells for $40M
London + Regional Properties acquired the 79-key property in Palm Beach, Fla., via a Section 363 bankruptcy sale. The company plans to restore and reposition the asset.
Crystal City Office Tower Sells for $100M
Newmark Knight Frank represented Beacon Capital Partners in the disposition of Presidential Tower, a 349,303-square-foot building situated near the future home of Amazon HQ2.
Baltimore Retail Center Trades for $16M
The 129,242-square foot Governors Commons was 100 percent leased at the time of sale. The asset is close to both Interstate 97 and Arundel Expressway.
Bentall Kennedy Pays $450M for Montreal Trophy Tower
In a deal with Oxford Properties and Public Sector Pension Investment Board, the Toronto-based company acquired a 1 million-square-foot office asset in the city’s downtown.
How to Play It Smart in Las Vegas
Building on 30 years of experience in the metro, MDL Group CEO & Co-Founder Carol Cline-Ong shares her insights into the best ways to thrive in a growing office market.
Iconic FL Resort Completes $320M Renovation
The beachfront JW Marriott Marco Island Beach Resort now features a new spa, several dining facilities and 100,000 square feet of meeting and event space.