Investment
Armada Hoffler Nabs 11-Property National Retail Portfolio
HFF arranged the sale of the 11-property Cavalier retail portfolio, which includes several big-name retailers such as PetSmart, Super Target and Bed, Bath & Beyond.
Sovran Announces Acquisitions Worth $398M, Enters California
Sovran Self Storage is undergoing a major expansion with an agreement to buy 25 properties totaling $371 million, adding about 2.3 million square feet of rentable storage space.
Campus-Style Office Park Changes Hands in Suburban Denver
Miller Global Properties has parted ways with a six-building, Class A office campus in suburban Denver.
HFF Brokers 5-Property Office Deal in West L.A.
All of the five assets were previously part of Equity Office’s portfolio.
GFI Completes Refi of 22-Property Texas Retail Portfolio
Global Fund Investments now owns 100 percent of the Texas Retail Portfolio.
Facebook Goes Virtual in Pittsburgh
Facebook is opening an Oculus virtual reality research center in Oakland, Pa., another tech giant to put down roots in the Pittsburgh area.
Inland Private Capital Enters Self-Storage Biz
Inland Private Capital Corp. has formed a strategic partnership with Metro Storage LLC, marking the launch of its self-storage investment platform it hopes to expand nationwide.
Gaylord Texan Resort and Convention Center Gets $120M Expansion
Ryman Hospitality Properties announced that an expansion worth $120 million is in store for Gaylord Texan Resort and Convention Center.
El Camino Real Mixed-use Project Gets New Partner
Greystone joins Clara E. Chilcote Trust as partner in the development of a Class A Palo Alto project.
Moinian Group Enters the Tech Investment Game
The CRE veteran’s new tech funding arm has made its first move with an investment in Paintzen, a paint concierge platform that’s changing the industry.