Investment
Hilton Melbourne Rialto Place Changes Hands in FL
The Buccini/Pollin Group has purchased Hilton Melbourne Rialto Place in Melbourne, Fla. The recently renovated, 238-key hotel includes a business center.
Seagis Snags 80 KSF Industrial Asset in Queens
5700 49th Place in Queens has changed hands. The nearly 80,000-square-foot warehouse will benefit from a comprehensive rehabilitation program.
Braun Enterprises Snags Houston Office Asset
The HFF team of Dan Miller and Marty Hogan represented the seller, a joint venture of Fuller Realty Partners and Harbert Management Corp.
San Diego-Area Industrial Asset Trades for $3M
The roughly 20,000-square-foot industrial building is located within the Greater San Diego area. Kidder Mathews negotiated the transaction on behalf of the buyer, a local private investor.
Downtown Ft. Lauderdale Office Asset Trades for $41M
The 342,465-square-foot property is currently 42 percent leased and is subject to a long-term ground lease owned by New York Life Insurance Co.
New Manhattan Office Product to Soar in 2018
Coming off strong leasing activity in 2017, the Manhattan office sector is set to welcome this year its highest amount of new office product since 1986, Cushman & Wakefield executives noted at the firm’s latest press briefing on the market.
Regency Snags Scripps Ranch Retail Center in CA
The 132,000-square-foot shopping center is located within the master-planned Scripps Ranch community. The asset is anchored by Vons and CVS.
C&W Arranges $14M Retail Sale in Queens
Midwood Investment & Development sold the fully leased, three-unit retail asset in Queens for $13.5 million.
Bridge Office Expands Atlanta Portfolio
The firm snapped up a group of 13 office buildings, situated in key suburban markets, from Piedmont Office Realty Trust.
Ascentris Snags 143 KSF Office in the San Fernando Valley
A private investor sold Tri-Center Plaza in Van Nuys, Calif., to Ascentris. The new owner is set to embark on a renovation program that includes upgrading the exterior, amenities and modernizing the common areas.