News
AJ Capital Buys 275-Key Hilton Hotel
The soon-to-be Graduate Hotels-branded hotel is situated near downtown Eugene and offers convenient access to the University of Oregon’s campus and to various sports venues.
Velocis, CREC Kick Off Major WPB Office Reno
The multimillion-dollar improvement program will include new lobby areas, a creative lounge and the integration of a tenant-focused wellness program dubbed Deeper Breath.
Greysteel Secures Acquisition Financing in Texas
The company worked on behalf of the borrower to finance the acquisition of a 480-unit self-storage facility located in Garland, Texas, roughly 15 miles from downtown Dallas.
Economy Watch: Retail Sales Up Robustly in May
U.S. sales saw a slight increase in May, with most categories gaining ground. However, furniture stores, sporting goods, hobby, music and bookstores suffered significant sales decreases.
Real Capital Solutions Buys 1.7 MSF FL Asset
IP Capital Partners sold the property—the largest commercial building in Jacksonville—for roughly $48 million. Cushman & Wakefield represented the seller in the transaction.
Carlyle Group Grows DC Presence With HQ Expansion
The global private equity firm will occupy four stories of the 804,100-square-foot trophy office building. JLL negotiated the deal on behalf of the tenant, while Cushman & Wakefield represented the owner.
Red Rock’s 3 MSF Atlanta-Area Industrial Project Underway
Shugart Farms Phase II, to be completed in stages, will offer a 982,800-square-foot speculative building in Palmetto, Ga., by the end of the year.
JV Buys Garden-Style CA Office Complex
The partnership is formed of Hunter Street Partners and Mana Investments. The transaction marks Hunter Street’s first investment since its launch at the beginning of 2018.
CBRE Brokers LA-Area Office Sale
Niagara Water purchased a three-story, 135,000-square-foot asset in Diamond Bar, Calif., and is set to remodel the interior of the building.
South Florida Industrial Facility Sells for $30M
The fully leased, cross-dock warehouse serves as the corporate headquarters for Vital Pharmaceuticals and Mondelez International’s South Florida distribution hub.