Investment
KBS Sells 580 KSF St. Louis Office Property
Lingerfelt CommonWealth Partners has acquired the two-building campus in neighboring Clayton, Mo., the seat of St. Louis County.
Blackstone Pursues Multibillion CRE Fund
The investment management giant is planning to raise $5 billion for its latest real estate debt fund.
Starwood REIT Buys Jacksonville Office Portfolio for $231M
In a joint venture with affiliates of Vanderbilt Office Properties and Trinity Capital Advisors, the non-traded REIT acquired a 1.3 million-square-foot collection of Class A properties in Deerwood Park.
HFF Arranges Portland Medical Office Sale
The 20,994-square-foot Tigard Medical Plaza is a medical office building and ambulatory surgery center. The property sold to a private investor for $14.5 million.
HFF Advises CNL on $1.25B Portfolio Sale
HFF Securities Senior Managing Directors Steve Hentschel and Ted Flagg, along with HFF Managing Directors Evan Kovac and Ben Appel, as well as Directors Andrew Milne, Zach Drozda and Anthony Frogameni, represented the seller.
GFP Buys Historic Manhattan Office Asset for $89M
Technology company Guidepoint is taking a minority stake in the 311,000-square-foot building and moving its headquarters to the Chelsea property.
Alexander & Baldwin Pays $90M for Hawaii Retail Asset
The company acquired a 135,000-square-foot retail center in the Waikoloa Beach Resort. The property is anchored by grocery store Island Gourmet Market.
Proffitt Dixon Partners Buys Nashville Storage for $16M
HFF represented the seller, Provident Realty Advisors, in the deal, and arranged acquisition financing on behalf of the buyer.
Unico Acquires Historic Seattle Waterfront Building
The purchase of the landmark 160,000-square-foot Colman Building brings the buyer’s portfolio of owned and managed properties in the area to 1 million square feet.
Stan Johnson Facilitates $3M Sale in Tampa Area
Joshua Pardue, James Ullrich, Michael Macchia and Greg Macchia represented the seller. The 9,276-square-foot retail asset in Bradenton, Fla., traded at a 7.25 percent cap rate.