News
Charleston Mixed-Use Asset Lands 3 Retail Leases
Federal Capital Partners and Kane Realty are renting 7,200 square feet at 601 Meeting St. to a nail salon, a cafe and a fitness facility.
JV Acquires Office, R&D Asset in Downtown Durham
The three-building campus last traded in 2016, when FCP bought it for $18 million. The property then underwent extensive renovations, also preparing it for further potential development.
Spaces Takes 66 KSF in West LA
The coworking firm continues to capitalize on demand for flexible work space with a lease at the former Univision building, now owned by CBRE Global Investors.
Houston Industrial Portfolio Trades for $26M
Wilson Investment purchased six properties that encompass 19 buildings and 459,390 square feet. NAI Partners brokered the transaction that marks one of the largest deals in Houston this year.
Friedman Arranges MI Retail Sale
Associate Steven Silverman represented the buyer in acquiring the 36,600-square-foot property located in one of the strongest real estate markets in Southeast Michigan.
Principle Construction Hires Director
Phil VanDuyne has more than 33 years of experience in Chicago-area commercial development, having spent most of his career as a partner at Itasca Construction Associates.
P3 Properties Inks NJ’s Largest Lease of 2018
Teva Pharmaceuticals USA has taken up 345,000 square feet across three buildings at the company’s MCCBLUE office campus in Parsippany, N.J.
IHG to Open Kimpton Frankfurt
Kimpton Hotels & Restaurants is expanding its presence in Europe with Kimpton Frankfurt in Germany. The 155-key hotel is scheduled to open in 2023.
DC-Area Hyatt Regency Changes Hands for $47M
Situated near Dulles International Airport, the 316-key, 13-story hotel includes a 29,000-square-foot Executive Meeting Center, built in 2014. HFF arranged acquisition financing for the new owner.
Hyatt Regency to Debut in Budapest
The opening of the 231-key hotel in 2020 will mark the brand’s entry into the Hungarian capital. The property will offer a spa, a restaurant and a 4,000-square-foot ballroom.