News
Armada Hoffler Nabs 11-Property National Retail Portfolio
HFF arranged the sale of the 11-property Cavalier retail portfolio, which includes several big-name retailers such as PetSmart, Super Target and Bed, Bath & Beyond.
Stream Data Centers Expands in Legacy Business Park
Stream Data Centers purchased 16 acres for the construction of a new state-of-the-art data center at Legacy Business Park, a master-planned, mixed-use development located in Plano, Texas.
Avison Young to Manage Major Medical Office Portfolio
Avison Young’s property management presence is growing in the D.C. area with its selection by Harrison Street Real Estate Capital to manage a 1.5 million-square-foot medical office building portfolio.
Sovran Announces Acquisitions Worth $398M, Enters California
Sovran Self Storage is undergoing a major expansion with an agreement to buy 25 properties totaling $371 million, adding about 2.3 million square feet of rentable storage space.
Fort Lauderdale’s Tower 101 Receives Acquisition Financing
CBRE Capital Markets’ Debt & Structured Finance team arranged$35.9 million in financing for the acquisition of Tower 101.
Regency Centers Announces Second Phase of Northgate Marketplace
Regency Centers has announced plans to develop the second phase of its Northgate Marketplace retail project in Medford, Ore.
Campus-Style Office Park Changes Hands in Suburban Denver
Miller Global Properties has parted ways with a six-building, Class A office campus in suburban Denver.
Virgin Hotels Appoints Mathewes, Thompson in Top Positions
Virgin Hotels recently expanded its executive team with the addition of Dan Mathewes as chief financial officer and Thayer Thompson as general counsel & VP of commercial operations.
Legg Mason Diversifies Revenues with Clarion Partners Buy
Legg Mason’s $585 million purchase of Clarion Partners “will diversify Legg Mason’s assets and revenue stream to benefit our shareholders,” according to the company’s CEO.
HFF Brokers 5-Property Office Deal in West L.A.
All of the five assets were previously part of Equity Office’s portfolio.