Investment
Magna Hospitality Group Sells 216-Key NY Hotel
HFF worked on behalf of the company to arrange the transaction, and secured a three-year, floating-rate acquisition loan for the buyer.
Montecito Medical Lands 15 KSF Boston MOB
Built in 2015, the facility features more than 15 pediatric specialty services. Boston Children’s Hospital is the primary pediatric teaching hospital for Harvard University’s medical school.
Tax Reform Gives Rise to New Business Strategies
Recently enacted restrictions on business interest deductibility are leading more firms to pursue sale-leaseback agreements to unlock property value and grow operations, according to Marcus & Millichap’s Dean Giannakopoulos.
Investing in Workforce Development to Stimulate Local Markets
Flynann Janisse, executive director of Rainbow Housing Assistance Corp., details the role of a competitive employment base in spurring demand for real estate.
From Restaurants to Real Estate: The Unlikely Story of Sal Lupoli’s Riverwalk
Putting his New England-based pizza franchise at stake, the entrepreneur invested $250 million to transform an old mill complex into a mixed-use development.
Downtown Jacksonville Office Trades for $59M
The 23-story building—to be rebranded as VyStar Tower—recently underwent an expansive renovation program that included the addition of a fitness center and tenant lounge.
Investors Favor Internet-Resistant Net-Leased Assets
In an economic environment where e-commerce continues to encroach on brick-and-mortar retail, what types of tenants will stand the test of time? Transwestern Vice President Sade Ghorban explores this niche.
Tallahassee Retail Asset Changes Hands for $16M
JLL Capital Markets arranged the sale and financing of Killearn Shopping Center on behalf of the sellers, a joint venture between DDR Corp. and Madison International Realty.
Lincoln Property JV Snags Historic SF Office Property
The firm purchased 332 Pine St. in a partnership with Rockwood Capital. The nine-story property comprises 51,522 square feet and last traded in 2014 for $22.2 million.
KAMCO, 90 North Buy $75M Ohio Office Complex
In one of the city’s biggest deals this year, the firms completed the acquisition of two office buildings fully leased by the Cincinnati Children’s Hospital for use as its Operations Center through 2032.