Investment
Denver-Area Office Asset Sells for $18M
The seller, City Office REIT, had purchased the three buildings totaling nearly 200,000 square feet in mid-2014 for more than $25 million.
Hines, 25hours to Develop Copenhagen Hotel
The global real estate firm and the European hotel operator announced they are building a 243-key boutique property in the heart of the Danish capital.
Jacksonville Warehouse Changes Hands
Coca-Cola Beverages Florida acquired the industrial asset for more than $3 million. The building, constructed in 1993, contains approximately 106,000 square feet.
7X Energy Sells 100MW Solar Project to Duke Energy Renewables
Lapetus will occupy approximately 800 acres, with construction scheduled to begin before the end of March. This is the first large scale solar project in Andrews County, Texas.
Taurus Investment Trades Orlando Office Campus
The $33.5 million sale includes three Class B buildings totaling nearly 200,000 square feet. The seller purchased the asset in 2016 for approximately $17 million.
Indianapolis Office Commands $32M
Tryperion Partners purchased the recently developed, 137,000-square-foot asset, home to Allied Solutions’ headquarters, with Morgan Stanley providing more than $17 million in acquisition financing.
South FL Shopping Center Commands $43M
HFF facilitated the sale of the 107,000-square-foot retail asset in Wellington. The new owner took out a $13.5 million loan to finance the acquisition.
JV Completes Sale of PA Industrial Facility
J.G. Petrucci and The Davis Cos. have sold Wind Gap Logistics Center, a 349,012-square-foot warehouse and distribution property developed in 2018.
Morning Calm Trades 240 KSF South FL Business Park
The campus contains Class B office space spread across four buildings, developed between 1987 and 2000 and renovated between 2015 and 2018.
European Hotel Investment Hits Record Levels
Multiple cities are attracting robust capital flows to their hospitality sectors, CBRE reports. Of note, buyers from outside the continent are expanding their footprint.