News

AHT Plans $400M Revamp of Nashville Convention Center

Plans for the new mixed-use project include a 26-story, Class A office tower; 235,000 square feet of high-end retail, dining and entertainment; as well as a 34-story residential building.

Office Sector Offers Opportunity in Q2

Robust job growth bodes well for office properties, despite uncertainty about the current cycle and future political and economic policy.

CBRE Secures $152M Bay Area Office Refi

The owner has repositioned and modernized Rosewood Commons, taking it from 10 percent leased at purchase to 95 percent leased now.

Park West

Phoenix-Area Retail Center Lands $31M in Financing

Meridian Capital Group represented the borrower in securing the three-year, floating-rate loan for the acquisition of a mixed-use retail center located in Peoria.

Kevin Scott

Chicago’s Molto Properties Welcomes New VP

Kevin Scott will be responsible for finding investment opportunities and executing industrial real estate developments in the Chicago area.

Venture Corp. Opens MOB in San Jose

The 16-unit development is offered for private ownership with full financing available and leasing. The city has the nation’s highest occupancy rate for this type of asset.

Suburban Philly Devon Square Trades for $34M

In a deal brokered by HFF, the two-building office complex in Wayne, Pa. was sold by a joint venture of Keystone Property Group and Argosy Real Estate Partners.

Trinity Investments Adds New VP

The company added Craig Lovett as the new VP at its Honolulu office. He has more than 29 years of design, development, project management and construction experience.

JV Lands $43M Charlotte Retail Center

American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.

Home2 Suites by Hilton Rock Hill Makes Debut

Durga Hospitality owns and manages the 105-key hotel located in the Charlotte, N.C., MSA. The new location offers studios and one-bedroom suites with fully equipped kitchens and living rooms.