Investment
Anchor Health Picks Up Charlotte MOB
CBRE represented seller The Bissell Cos. in the transaction, while Capital One facilitated the deal with $11.6 million in acquisition financing on behalf of the buyer.
BWI Airport Sheraton Hotel Changes Hands
Vista Group of Cos. acquired the 203-key Sheraton Hotel Baltimore Washington Airport. The property is a seven-minute drive from the airport, offering a complimentary shuttle service.
Baker Completes Chicago Office Redevelopment
The 2017 N. Mendell project called for the repurposing of a century-old industrial building between the Chicago River and Elston Avenue, which offers customizable spaces ranging from 3,800 to 17,000 square feet.
Veritas RE Acquires Pair of Philly-Area Office Buildings
The Marlton properties are located near major thoroughfares and less than 30 minutes away from Center City Philadelphia and Philadelphia International Airport.
Kimco Trades Atlanta-Area Retail Asset
The shopping center, built in the city’s northeast suburbs in 1991, includes nearly 75,000 square feet. A 62,000-square-foot Kroger anchors the property.
MCR Closes $300M Hospitality Fund
The seventh-largest hotel owner-operator in the U.S. added 11 hotels to its first fund and has an additional five hotel deals in its pipeline.
Hollywood Retail Property Trades for $61M
Lee & Associates-LA North/Ventura represented Cahuenga Lofts and Ivar Group in the sale of Space 15 Twenty, a 40,000-square-foot shopping and dining destination along the trendy Cahuenga Corridor.
Velocis Sells Houston Office Campus
The Echo Lane campus comprises two buildings totaling 189,162 square feet. Since purchasing it in 2012, the firm raised the occupancy rate from 83 percent to 97 percent.
American Realty Advisors Acquires Houston Retail Center
Fidelis Realty Partners and BayNorth Capital sold Tanglewood Court, a three-building shopping project built in 2014. The property is currently fully leased.
Aztec Group Arranges $6M Financing
The company secured a seven-year fixed rate loan through BankUnited, on behalf of Reo Center Tampa LLC, for the acquisition of the Westshore Center office building in Tampa.