News
App-Based Refueling Service Enters Houston, Miami
GasMob’s on-site solution does not require monthly memberships nor delivery fees. Using the app, customers can schedule refueling according to their needs.
JV Acquires SoCal Twin Towers for $107M
Equity Office Properties sold the office buildings in Torrance, Calif., to The Ruth Group and Roxborough Group, in a deal handled by Newmark Knight Frank.
Korean Fund Manager Provides $126M Loan for Toronto Hotel
Princes Gates Hotel LP, owner of Hotel X Toronto, will use the funds to refinance the newly opened, 404-key lodging destination.
2-State Self-Storage Portfolio Changes Hands
Cushman & Wakefield and JLL teamed up to represent the seller of the institutional-caliber properties, which serve upscale areas of Los Angeles and Houston.
JLL Names New Head of NJ Team
Andrea Alexander will lead the firm’s project and development services team, reporting directly to Terry Harris, managing director & regional COO.
Tryperion Partners Sells San Antonio Tech Center
St. Croix Capital Cos. purchased the three-building complex with the help of $11.9 million in acquisition financing. The property is within the University Park on Network Boulevard.
Novel Coworking Expands in Minneapolis
The company acquired its second office property in the metro—a nine-story building located in the Gateway District—from DCI Technology Holdings.
JRES Names Eppele as New President & CEO
The 32-year commercial real estate veteran has been with the company since 1999 and was most recently executive vice president.
Knotel Signs Another Manhattan Lease
The coworking company signed an 11,940-square-foot, five-year lease in a GFP Real Estate-owned Chelsea office building, joining a roster of tenants including Breather and HSBC.
NC Aloft Hotel Lands $25M Refi
Walker & Dunlop structured the 10-year, non-recourse refinance loan for the 115-key Aloft Asheville, working on behalf of McKibbon Hospitality, the property’s owner and developer.