Investment
REIT Buys Tokyo Hilton Hotel for $560M
Tokyo-listed Japan Hotel REIT Investment Corp. picked up the 453-key property in the city’s Odaiba area, marking the hotel’s second sale in 15 months.
Bain Capital Sells Boston-Area Life Science Asset for $128M
Located in Cambridge, Mass., the property is close to both Harvard and the Massachusetts Institute of Technology.
VICI, Hard Rock to Acquire Ohio Casino for $745M
The companies will purchase the real estate and operating assets of the JACK Cincinnati Casino from JACK Entertainment in separate all-cash transactions.
SIGNA, RFR Close on Chrysler Building Purchase
Abu Dhabi Investment Council and Tishman Speyer have sold off the iconic 77-floor office tower in Midtown Manhattan, plus the adjacent pyramid-topped retail center.
Decennial Group CRE Venture Launches With $1B Goal
Farpoint Development, Clayco and CRG are behind the investment and development platform, which will focus on projects in designated Opportunity Zones across the U.S. heartland.
NJ Industrial Building Commands $9M
Black Creek Group expanded its portfolio in the region through the acquisition of a 76,220-square-foot warehouse and distribution facility in Hamilton. HFF represented the seller.
Atlanta Office Project Secures $100M Loan
The building is part of the Star Metals Atlanta mixed-use development and will include more than 260,000 square feet of creative office and nearly 40,000 square feet of retail.
Harbor Buys Suburban L.A. Office Park for $48M
The 213,500-square-foot Encino Office Park in Encino takes the company one step closer toward its goal of acquiring $250 million in suburban Southern California properties over the next 12 months.
San Diego Business Park Trades for $28M
Brookwood Financial Partners bought the three-building office campus in 2013 and boosted occupancy before selling it to Fenway Capital Advisors and Waterfall Asset Management.
Medical Office Landscape Shifts With Health Care M&As
With property sales velocity increasing 5 percent nationwide over the last 12 months, a new report from Marcus & Millichap highlights how mergers and acquisitions are transforming the health-care system.