Investment
Houston Industrial Portfolio Trades for $26M
Wilson Investment purchased six properties that encompass 19 buildings and 459,390 square feet. NAI Partners brokered the transaction that marks one of the largest deals in Houston this year.
On the Market: 5 Interesting Listings for July
This month’s listings include a distribution center in Columbus, Ohio; a vintage church in downtown Minneapolis; and a top-of-the-line office building in Little Falls, Minn.
DC-Area Hyatt Regency Changes Hands for $47M
Situated near Dulles International Airport, the 316-key, 13-story hotel includes a 29,000-square-foot Executive Meeting Center, built in 2014. HFF arranged acquisition financing for the new owner.
PSAI Realty Partners Acquires San Jose Tech Center
Constructed in 1999, the roughly 300,000-square-foot campus encompasses five two-story buildings located along Highway 237. The global headquarters of TiVo Corp. anchors the asset.
Partnership Buys 213 KSF Dallas Industrial Asset
Corinth Land Co. and Prattco Creekway Industrial purchased Northgate Business Park in a transaction that marks the joint venture’s fourth and largest acquisition.
JEMB Realty Scores $235M Loan for Brooklyn Office Project
JLL Capital Markets arranged construction financing for the 34-story high-rise located in the borough’s downtown area. The tower already has two anchor tenants.
Atlanta Retail Asset Trades for $12M
GDC Properties sold a Walgreens-anchored 45,279-square-foot shopping center in the city’s Cascade corridor. A private investor purchased the asset using a Deutsche Bank loan.
Strategic Storage Trust IV Grows Portfolio
The REIT has expanded its footprint with a 66,400-square-foot storage facility located in North Las Vegas, roughly 10 miles from downtown.
764 KSF Industrial Portfolio Changes Hands in Charlotte
An HFF team facilitated the sale of two Class A buildings on behalf of The Keith Corp for $70.5 million.
Lingerfelt CommonWealth Buys Kansas City Office Tower
The acquisition, made in a joint venture with CrossHarbor Capital Partners, marks the commercial real estate investment firm’s entrance into the Midwestern city’s office market.