Investment
HFF Brokers Sale of 191-Key VA Hotel
Westin Reston Heights, which opened in 2008, is within walking distance of the upcoming Reston Town Center Metrorail Station, while Dulles International Airport is a 10-minute drive away.
REITs vs. FAANG: The Valuation Showdown
A handful of powerful tech stocks outpaces the market capitalization of the entire REIT market, yet that tells only part of the story. Scott Crowe of CenterSquare Investment Management explains why today’s economic conditions and historic trends give REITs an edge in the long run.
Why Private Buyers Lead the Net-Lease Pack
JLL Capital Markets Senior Vice President Eric Suffoletto explains why private capital is outpacing REITs, institutional investors and other players in the single-tenant space.
Nektar Therapeutics Trades AL R&D Facility
The building, constructed in 2000, is part of Huntsville’s Cummings Research Park and contains more than 50,000 square feet of office, laboratory, production and research space.
Hospitality Properties Trust Buys Minneapolis Hotel
The Radisson Blu Minneapolis Downtown features 29,000 square feet of meeting and event space and offers convenient access to the Minneapolis—St. Paul International Airport.
Buchanan Street Partners Buys $28M Las Vegas Office Portfolio
The four buildings within Green Valley Corporate Center North are approximately 65 percent occupied. The new owner will increase income by marketing the vacant spaces within the offices.
Bellomy & Co. Facilitates Houston-Area Transaction
The company has brokered the sale of a 465-unit self-storage facility located in The Woodlands, Texas. The brokerage team represented the seller and procured the buyer in the deal.
PEBB, Tortoise Acquire Fully Leased FL Office Asset
Cushman & Wakefield negotiated the transaction on behalf of seller RAIT Financial Trust and arranged $28.6 million in acquisition financing on behalf of the buyer/borrower.
Easterly to Pay $430M for US Government-Leased Portfolio
The REIT is set to purchase a multi-state portfolio encompassing 1.5 million square feet. The deal brings the company’s completed or pending acquisitions to $514.9 million since the beginning of 2018.
NYC Retail Portfolio Commands $55M
Marcus & Millichap worked on behalf of the seller—a longtime family owner—in the 19-property transaction and also procured the buyer, Chestnut Holdings.