News
GBT Realty Acquires Alabama Retail Center
HFF represented DDR Corp. and TH Real Estate in the sale of McFarland Plaza Shopping Center, a 234,000-square-foot property in Tuscaloosa.
Kayne Anderson Buys Sentio Healthcare for $825M
The REIT’s portfolio comprises 33 properties, including private-pay senior housing assets, skilled nursing facilities, medical office buildings and specialty medical properties.
Michigan Property Manager Expands in Texas
The company manages more than 140 commercial properties encompassing in excess of 16 million square feet throughout the U.S.
Cushman & Wakefield Expands ATL Lease for SunTrust Bank
The tenant renewed its 48,871-square-foot lease and added another 8,486 square feet of office space at its location in the Central Perimeter submarket.
Transwestern in Charge of Leasing Atlanta Office Tower
The 1.2 million-square-foot property is located in the downtown area and has been undergoing significant renovations. Director Greg Frankum will lead the seven-person team responsible for leasing the office space.
Sentury Tire Seeks Developer for Its First US Facility
The 1.7 million-square-foot manufacturing facility will be Sentury Tire’s first outside of Asia. Sentury Tire selected SSOE Group to design the project.
Virgin Hotels Breaks Ground in Music City
The Buccini/Pollin Group and BPGS Construction began work on Virgin Group’s $110 million hotel. Virgin Hotels Nashville will feature 240 keys and is slated to open in 2019.
HFF Brokers $44M Sale of Charlotte Hotel
Hospitality Properties Trust purchased the Crowne Plaza Charlotte Executive Park, a 300-key hotel that underwent an extensive revamp process in 2014. Intercontinental Hotels Group will manage the asset from now on.
New Skyscraper Coming to Uptown Charlotte
Ally Financial leased the majority of Ally Charlotte Center, a 742,000-square-foot office tower built by Crescent Communities. Construction on the 26-story building is set to begin early next year.
Calare Properties Lets Go of MA Asset
The warehouse, which Calare bought in 2015, is located in Watertown, Mass., and changed hands for $15 million. It is 100 percent leased.