Investment
RLJ Lodging Trust Sells Major Tampa Bay Resort
A hospitality company led by Tampa Bay Buccaneers Co-Chairman Bryan Glazer purchased the 362-key Vinoy Renaissance Resort & Golf Club in St. Petersburg, Fla., for a total of $188.5 million.
Orlando Office Portfolio Commands $92M
Cushman & Wakefield represented Barings Real Estate in the sale of a trio of Class A buildings offering a combined 414,000 square feet.
Exeter Property Group Buys Charlotte Mixed-Use
CBRE brokered the disposition of South Point, an industrial and office property that was approximately 88 percent leased at the time of sale.
Tampa Retail Center Trades for $27M
Cushman & Wakefield arranged the sale of Tampa Bay Center on behalf of the seller. The shopping center has recently undergone a $5 million improvement.
JV Acquires 1 MSF Data Center Portfolio
Lincoln Rackhouse and Principal Real Estate Investors purchased three facilities in Dallas, Phoenix and Kansas City. The partners also signed INAP to a master lease at the Arizona asset.
Warehouse Industry’s Move to the City
Transwestern’s Walter Byrd discusses what drives industrial users and retailers to the urban core, the challenges that come along with this move, as well as the hottest urban warehouse markets.
StarPoint Acquires Beverly Hills Office Building for $193M
The company plans to renovate and reposition the 46-year-old tower at 433 N. Camden Drive, which ranks as the second-tallest building in the high-end submarket.
KBS Realty Sells 388 KSF Office Campus in Austin
Intercontinental Real Estate Corp. is the new owner of Stonebridge Plaza I & II, a Class A asset comprising two LEED-certified buildings adjoined by a parking garage.
Inside the Deal: How Buyers and Brokers Met Diverse Challenges
A pair of recent transactions created challenges and solved problems for buyers, sellers and their advisers.
Private Buyers Dominate Net Lease QSR Sector
Randy Blankstein, president of net lease advisory firm The Boulder Group, outlines the factors that have attracted investors to the quick-service restaurant segment.