News

Parbel Renews Miami HQ Lease

The L’Oreal subsidiary keeps the 43,624-square-foot space in the largest office lease in the Airport West submarket.

CBRE Brokers Sale of TX Skilled Nursing Facility

A partnership between Trinity Healthcare and Live Oak Healthcare purchased the roughly 20,700-square-foot, 76-bed Waterton Plaza At Cowhorn Creek in Texarkana.

Endurance Real Estate Group Adds New VP

Guy Wolfington brings more than 20 years of commercial real estate experience to this role. He previously served as MLVP Ventures’ director of regional development.

BioMed Realty Inks 114 KSF Lease in Cambridge

Cyclerion Therapeutics, which has recently separated from Ironwood Pharmaceuticals, will occupy space in the city’s life science hub, alongside Synlogic and Biogen.

Pebblebrook Sells DC Hotel for $111M

A joint venture between Metrovest Equities and BLDG Management acquired the asset and plans to convert it into a YOTEL-branded property.

REIT Buys Tokyo Hilton Hotel for $560M

Tokyo-listed Japan Hotel REIT Investment Corp. picked up the 453-key property in the city’s Odaiba area, marking the hotel’s second sale in 15 months.

Bain Capital Sells Boston-Area Life Science Asset for $128M

Located in Cambridge, Mass., the property is close to both Harvard and the Massachusetts Institute of Technology.

VICI, Hard Rock to Acquire Ohio Casino for $745M

The companies will purchase the real estate and operating assets of the JACK Cincinnati Casino from JACK Entertainment in separate all-cash transactions.

CapRidge Partners Buys Houston Office Portfolio

HFF arranged the sale and $91.3 million in financing for three properties situated in an urban infill location adjacent to some of the city’s most prominent neighborhoods.

Phoenix Corporate Tower. Photo courtesy of Cushman & Wakefield

Balfour Pacific Enters Phoenix Office Market With $42M Buy

The iconic Phoenix Corporate Tower is anchored by the Arizona Department of Child Safety and has been renovated multiple times since its construction in 1965.