Investment
Qataris Buy $622M Stake in NYC-Based REIT
An affiliate of the Qatar Investment Authority has acquired a 9.9 percent interest in Empire State Realty Trust.
Tishman, TRINITY Join $500M NoVa Project
Gramercy District will be the first ‘smart city’ in the D.C. area and one of the first in the country.
Hines Grabs West Valley Distribution Center
The 820,384-square-foot industrial asset is currently occupied by Amazon.
Donahue Schriber Goes Shopping in Silicon Forest
A grocery-anchored center west of Portland sold in an off-market transaction.
MCR Devlopment Completes Courtyard by Marriot Revamp
The newly renovated Courtyard by Marriott of Brownsville is located minutes from a major economic hub in South Texas.
Whirlpool to Expand Distribution Center in Ohio
The $40 million expansion project of Whirlpool’s Factory Distribution Center in Greenville is part of the company’s plans to expand in Ohio.
Consolidated-Tomoka Nabs BofA Property in NoCal
The asset was sold for approximately $8.4 million and is 100 percent leased to Bank of America.
Laguna Development Bets $135M on Louisiana Casino Hotel
The Albuquerque-based company has agreed to acquire the Isle of Capri Casino Hotel Lake Charles.
Menlo Equities Nabs Brand-New Austin Office Asset
The two-building Champion Office Park, completed last year, is already fully occupied.
Brookwood Parts Ways with Plaza 100 in Fort Lauderdale
The office asset fetched $13.7 million more than the last time it traded, in 2014.