Investment
Miami-Area Shopping Center Up for Sale
The Walmart-anchored plaza features a recently added in-line space and an adjacent three-quarter-acre parcel that will house a full-service Spin Car Wash upon completion.
Simply Self Storage Sets Footprint in West Coast
The company purchased Market Street in Seattle, a 577-unit self-storage property. The facility includes more than 85,000 rentable square feet.
Huff, Niehaus & Associates Arranges Sale of KY Hotel
Dhami, Sohal & Sehgal Properties sold 101-key Hampton Inn in Horse Cave for $4.4 million. The new owner plans to renovate the building.
Thorne Research Breaks Ground on 272 KSF SC Facility
The new facility will serve as the company’s manufacturing center and corporate headquarters. Roughly 330 jobs will be created by the nutritional supplement company in Summerville.
Behind the Soaring Demand for Scottish Hotels
Resilient to wider geopolitical headwinds, the Scottish hotel market is attracting an increasingly larger amount of capital, especially from the U.S. and India. The relative weakness of the pound sterling and the sharpness of yields are some of the factors behind this trend, according to Steven Fyfe, associate in the hotels team at Savills Scotland.
Suburban Boston Tech Campus Trades for $46M
The seven-building Marlborough Technology Park in Marlborough, Mass., is home to a diverse and strong tenant roster that includes Cavium Inc., ViaSat, Oracle and Roche.
Watkins Breaks Ground on New AL Retail Center
A Publix-anchored shopping center broke ground in Huntsville, Ala. The $12 million development is scheduled for completion in the first part of 2018.
Vacant 840 KSF Industrial Building Sells in Vacaville, CA
The buyer’s investment strategy includes a comprehensive capital improvement plan to make the facility, located at 700 Crocker, attractive to Bay Area tenants.
Morgan Stanley to Buy Mesa West Capital
With more than $5 billion in gross assets under management, the Los Angeles-based lender will keep its name and will operate as a separate business unit.
CBRE Arranges Sale of Doral Office Tower
CBRE’s Capital Markets team marketed the trophy asset with the assistance of professionals from Blanca Commercial Real Estate and Stiles Management.