Investment
Rexford Industrial Spends $30M on 2 LA Assets
The REIT acquired two properties within prime infill submarkets. Both buildings were fully leased at the time of the deal.
Continental Realty Acquires FL Value-Add Retail Asset
The Planet Fitness-anchored, 87,250-square-foot shopping center in Hernando County had only 23,000 square feet of space available for lease at the time of sale.
Dollinger Properties Buys Suburban OC Office
HFF brokered the sale of the 145,467-square-foot office building, located in Brea, Calif., on behalf of the seller, TA Realty.
BKM Capital Closes $382M Fund
The firm’s second institutional fund will invest in undervalued, light industrial assets in target markets across the western U.S.
Park Hotels, Chesapeake Lodging Trust to Merge in $2.7B Deal
Once the transaction is completed, the resulting company will own a 35,384-key, 66-property portfolio and have an estimated enterprise value of $12 billion.
CPE’s Top 5 Posts in April
Miss any of our articles? Catch up with five of our most popular posts for the month.
Nightingale Properties to Buy Coca-Cola Building for $907M
The soft drink giant put the Manhattan property up for sale late last year, enlisting Cushman & Wakefield to market the historic asset.
Opportunity Zones Can Make a Great Deal Greater
At a recent event organized by Mazars, Dean Adler explained how his team aims to turn a closed power plant in Philadelphia into a 1 million-square-foot, mixed-use destination—with a little help from the IRS.
Wexford Buys DoubleTree Near Nashville Airport
HREC arranged the sale of the 138-key all-suites hotel, which provides quick access to both downtown and Opryland. Hospitality Ventures Management Group was the seller.
Downtown Tampa Hilton Changes Hands
HFF assisted CrossHarbor Capital Partners in the disposition of the 520-key property located in the heart of the city, while also securing acquisition financing.