News
Bridge Investment Group Buys Metro Miami Office Campus
Through one of its affiliates, the company paid $74.3 million to acquire Sawgrass Technology Park, an 11-building, 514,332-square-foot complex in Sunrise, Fla.
Nashville High-Rise Development Secures $280M Loan
A joint venture between AECOM Capital and The Congress Group plans to construct a 40-story tower that will include a 232-key luxury hotel and condominiums.
Choice Hotels Opens Southwest FL WoodSpring Suites
The 123-key extended-stay hotel is the newest addition to the brand’s Florida portfolio. The developer, Gold Coast Premier Properties, plans to open several WoodSpring Suites in three states.
Hanley Investment, Greenstone Partners Arrange IL Retail Center Sale
The brokers worked on behalf of both parties. South Weber Plaza encompasses 28,600 square feet, spread across a 6-acre site in the Chicago area.
Metro DC Hotel Receives $26M Refi
HFF arranged the loan for the 316-key Hyatt Regency Fairfax, which is part of the 650-acre Fair Lakes master-planned community.
Medical Manufacturer Inks 247 KSF Lease in MA
Owners Artemis Real Estate Partners, Drake Real Estate Partners and Pacer Partners signed a renewal and expansion with Nypro Inc. in Devens, Mass.
CBRE Arranges Sale, Financing for FL Retail Center
The Debt & Structured Finance team arranged a $16 million loan on behalf of the buyer of Wellington Green Square, a 90,658-square-foot property anchored by The Fresh Market.
Stuart Scott, JLL’s Founding CEO, Dies at 80
During a career that spanned half a century, the executive was instrumental in the creation of the global services firm. He was also a noted philanthropist whose beneficiaries included his alma mater, Hamilton College.
FCP, Fairfield Properties Acquire NY Lone Star Portfolio
The joint venture paid $472.5 million for the seven properties, which encompass 1,496 apartment units. FCP provided $100 million in preferred equity investment toward the acquisition.
Hines Buys 430 KSF Campus in San Francisco Bay Area
Oakmead West, a complex of office/R&D buildings in Sunnyvale, last changed hands in 2013, when Deutsche Asset & Wealth Management acquired it for $119 million.