News
Amazon-Leased Logistics Hub Completed in Phoenix
Graycor delivered the roughly 569,000-square-foot, Class A facility that the e-commerce giant will use as a fulfillment center. The building is part of a master-planned bulk distribution park.
TriGate Capital, Finial Group Purchase DFW Industrial Park
Using a loan from Inwood National Bank, the joint venture acquired the 227,709-square-foot Westwood Business Park in Farmers Branch, Texas.
Hillwood Expands Metro Atlanta Presence
The company purchased a 100,000-square-foot warehouse in Norcross for $6 million, marking the its second acquisition in the Atlanta market this year.
Metro Orlando Retail Center Trades for $18M
Consolidated-Tomoka Land Co. sold the gym-anchored, 112,351-square-foot shopping mall in Winter Park, Fla. HFF assisted the seller in the disposition.
San Francisco Office Asset Secures $100M in Financing
ASB Real Estate Investments has obtained the loan for 795 Folsom St., a six-story property in the city’s SOMA district that the company acquired in 2013.
Midcoast Properties Facilitates SC Portfolio Sale
The firm brokered the sale of two storage properties comprising a total of 1,310 units in Lexington and North Augusta. Citi Real Estate Funding provided the buyer with acquisition financing.
Choice Hotels to Bring New Cambria Asset to Fort Lauderdale
The 104-key South Florida property, set to open in 2020, will offer ocean views and easy access to North Beach, Broward County Convention Center and the Port Everglades cruise terminal.
JLL Brokers DFW Industrial Sale
Executive Vice President Ryan Matthews and Vice President Joel St. John represented seller Besco Supply. The new owner intends to renovate the 23,413-square-foot facility.
Ocean City Hotel Welcomes First Guests
Aloft Hotels has opened its first-ever property in the popular Maryland resort town, partnering with Blue Water Development and Real Hospitality to bring the 120-key project near the famous boardwalk.
RKI Instruments Introduces Palm-Sized Gas Monitors
Both GX-3R and GX-3R Pro are equipped with microsensors and can be used continuously for up to 40 hours before recharging.