Investment
Sonterra Village Shopping Center in San Antonio Acquired for $21.5M
A new 42,492-square-foot shopping center in the San Antonio metro area has been acquired by InvenTrust Properties Corp.
High-Altitude Resort to Get High-Quality Upgrades
The Vail Cascade Resort and Spa in Vail, Colo., is getting a major facelift with a $35 million renovation and repositioning by Laurus Corp. and Ethika Investments.
Oakland Office Tower Sold As Market Improvement Continues
With the market trending upwards across the Bay Area, a LEED-Platinum office tower changes ownership.
Coastal Oregon Hotel Changes Ownership
The 54-key Edgecliff Motel in Lincoln City, Ore. recently changed hands for $1.6 million.
JLL’s Capital Markets Team Grows with Orange County Addition
Industry veteran ready to help with JLL’s expansion in the Southwest Region.
Strategic Storage Expands in Southeast Florida
In a nearly $18 million deal facilitated by Marcus & Millichap, Strategic Storage Trust II purchased a 940-unit self-storage asset in Boynton Beach, Fla.
Baceline Grabs Value-Add Opportunity in Chicago Metro
An out-of-state investor is betting on Chicago’s value-add retail potential with its purchase of Century Plaza.
W.P. Carey Picks Up Third Hotel in Germany
W.P. Carey Inc. purchased a majority stake in the Wyndham Stuttgart Airport Messe hotel, located near one of Germany’s busiest airports.
Economy Watch: Foreign Investors Say U.S. is Prime for RE Investment
The U.S. real estate industry should expect an increase in foreign investments in 2016, with interest mainly focused on major metro markets.
Hines, BVK to Invest $1.4B in Prime Retail Assets Across Europe
Houston-based Hines has partnered with Germany’s largest public pension fund, BVK, to invest in high-street retail assets across Europe.