Investment
Airbnb Acquires HotelTonight
The company purchased the booking service in order to accelerate the brand’s plan to have boutique properties list faster on the platform, as well as cater to last-minute travelers more efficiently.
LBA Logistics Buys Sacramento Industrial Property
The local Colliers office represented both the seller and the buyer in the transaction, which marks the city’s largest sale of its kind so far this year.
HFF Arranges Sale, Financing for Ft. Lauderdale Office
Cardinal Point Management partnered with Halstatt Real Estate Partners in the $41.7 million purchase of Trade Centre South. New York Life provided funding for the transaction.
Publix Acquires Atlanta-Area Shopping Center
Acting on behalf of the seller, HFF has arranged the disposition of a 112,427-square-foot, Publix-anchored retail center in East Cobb, Ga.
Schnitzer West Acquires 2 Denver-Area Assets
The company plans to invest in upgrades to the 115 Inverness office property, by adding a conference facility and locker rooms.
WA Office Park Commands $63M
The roughly 200,000-square-foot, three-property portfolio in Bothell changed hands with help from Newmark Knight Frank, which acted on behalf of seller Equity Office.
CBRE Arranges Sale of FL Office Property
Senior Vice President David Wigoda and Financial Analyst Sean Kelly represented the seller, Liberty Real Estate Holdings, in the disposition of Port St. Lucie Technology Center.
Guardian Realty Investors Sells VA Office Campus
Twin Oaks, a two-building property totaling 170,000 square feet of Class A space in Norfolk, changed hands in a $24.9 million deal.
Shorenstein Properties Pays $135M for Nashville High-Rise
Wells Fargo Bank provided the buyer of the 600,000-square-foot Class A office tower with more than $100 million in acquisition financing.
Denver-Area Office Portfolio Trades for $28M
SteelWave sold three properties in Boulder, Colo., totaling almost 115,000 square feet of office and lab space. The new owner intends to continue the renovations the seller started.