Regions
US-EU Joint Venture Buys Mall in Madrid
Redevco Iberian Ventures took a majority stake in the Parque Corredor shopping center for $173 million. The retail center is the main shopping destination in Corredor del Henares, metro Madrid’s east corridor.
Kimpton Expands Portfolio in SoCal
Expected to open in 2021, the 200-key hotel in Garden Grove will be close to Disneyland, the Anaheim Convention Center, Angel Stadium and Honda Center.
Nikola Motor Selects Arizona for $1B Plant
The city of Buckeye will become home to the company’s 1 million-square-foot, hydrogen-electric, semi-truck manufacturing headquarters facility.
Beyond Meat Plans New R&D Center
The 26,000-square-foot center, which will be constructed next to the company’s L.A. headquarters, is anticipated to enable further advancements in creating plant-based meat.
Corporex Sells Denver CBD Office Asset
Northstar Commercial Partners is the new owner of Offices at the Art. The 52,000-square-foot property is fully occupied by Four Winds Interactive.
NKF Capital Markets Closes Sale of OC Retail Center
Inland Real Estate Acquisitions has purchased Rusty Leaf Plaza, a Target-anchored shopping center in Orange, Calif., for $32 million.
Toronto Airport Hotel Opens Doors
The 255-key property, following nearly $15 million in renovation work, is the first Embassy Suites in the Toronto metro area.
Long Island Office Asset Trades, Gets Revamp
A Vasco Ventures-led partnership paid $11.8 million for The Clinton Pavilion in Hempstead, N.Y., a 150,000-square-foot asset that is now undergoing renovations.
BKM Capital Completes Two Industrial Buys for $175M
Following a “largest in market” acquisition strategy, the company purchased more than 1 million square feet of multi-tenant space in Las Vegas and the San Francisco Bay Area.
Top 10 Sacramento Office Owners
Office space development dropped across the metro in the past few years, but transaction activity remained steady, with the suburbs seeing the most significant surge in deal volume.