Investment
Innovatus Capital Partners Buys Orlando Office Campus
Westwood Corporate Center is a five-building property located in the city’s growing “Tourist Corridor” submarket, with a quarter mile of frontage along I-4.
Beacon Partners Expands Charlotte Industrial Footprint
The company increased its portfolio with the acquisition of a 95,000-square-foot facility in Twin Lakes Business Park. CBRE represented the seller in the transaction.
EverWest Snaps Up WA Industrial Portfolio
The firm acquired a three-building package near Seattle, in a joint venture with a Colorado-based investment fund. The properties, which total 286,472 square feet, are fully occupied by global packaging company ProAmpac.
JLL Spark Invests in Tenant Experience Platform
HqO provides building occupants with vital information such as transportation alerts, while landlords gain access to administrative tools and anonymized tenant data that translate into a higher NOI.
Industrial at Full Throttle—For Now
With e-commerce and international trade pushing the sector further, a couple of import tariffs are not likely to scare off investors. A full-on trade war, however, could make a dent or two.
Fed Applies the Brakes Again
Real estate executives were expecting this rate hike, so they were not alarmed by it. But what does it say about the future?
The Mele Group Brokers Sale of Phoenix-Area Storage Facility
The Tampa-based team facilitated the sale of a newly built asset in Mesa, Ariz. The transaction marks the team’s 33rd self-storage deal this year.
Exan Capital Snags $121M DC Office Tower
Located in the East End submarket, Executive Tower comprises 130,000 square feet across 11 stories. The seller, JBG Smith, previously purchased the asset back in 2013 for $63 million.
Digital Realty to Acquire Ascenty for $1.8B
The San Francisco-based REIT is teaming up with an affiliate of Brookfield Asset Management to buy the Brazilian data center provider.
Host Hotels & Resorts Announces Two Major NYC Sales
The company sold the New York Marriott Marquis retail, theater and signage in a $442 million deal, as well as the W New York – Union Square, in a separate transaction.