News
MD Hotel Commands $42M
Hersha Hospitality Trust acquired the 150-room Annapolis Waterfront Hotel, which features 15,000 square feet of function space and an 8,500-square-foot patio.
Griffin Partners Acquires 3-Building Houston Office Complex
TIER REIT sold Loop Central, a Class A property totaling 574,944 square feet. The buildings are 86.9 percent leased to 24 tenants.
Amazon to Open 800 KSF Las Vegas Facility
The fulfillment center, which will be the e-commerce giant’s fourth facility in Nevada, will generate more than 1,000 full-time jobs.
Distribution Realty, EverWest Plan Chicago-Area Spec Warehouse
The industrial property will contain nearly 200,000 square feet in Chicago’s O’Hare submarket. JLL’s Sam Durkin and Dominic Carbonari will market the asset.
Are Funny Tenants Happy Tenants?
This month, CPE and Kingsley Associates partnered to gather the most comical comments that tenants have about their offices, retail centers and other properties.
DC-Area Hyatt Hotel Lands $47M Financing
Mission Capital Advisors secured bridge financing for the 168-key Hyatt Place Arlington. Completed in 2016, the property is a 12-minute drive from downtown Washington, D.C.
STIHL Expands Virginia Beach Corporate HQ
The new 80,000-square-foot addition to STIHL’s corporate headquarters and manufacturing campus will include office space, a museum and a customer welcome center.
Monday Properties Nabs Two NoVa Office Buildings
The acquisition includes Dulles Metro Center in Herndon and Cameron Run Office Park in Alexandria, totaling more than 370,200 square feet.
Public Storage Opens Charlotte-Area Facility
The firm has opened a 900-unit self-storage facility in Huntersville, N.C., situated within 20 minutes of downtown Charlotte.
Westport Capital Nabs WA Office Portfolio for $71M
Redstone Corporate Center I and II are located on the northern outskirts of Seattle, along Interstate 5.