Regions
Starlight Acquires Two Office Buildings in Canada
The company entered a joint venture with a European investor to purchase two value-add buildings in Mississauga, Ont., totaling 200,000 square feet.
Friedman Negotiates Michigan Retail Property Acquisition
Noble Applliance LLC bought the 10,992-square-foot asset from Kemerko Clawson LLC. Mike Koeningbauer, Friedman’s vice president, represented the buyer in the transaction.
JLL Brokers $18M Sale of Phoenix Industrial Asset
Continued confidence in the local industrial market has prompted Colony Northstar’s acquisition of Phoenix Logistics Center from Overton Moore Properties and PCCP LLC.
Gehr Hospitality Nabs Four Points by Sheraton, Charlotte
BMO Harris Bank financed the acquisition. Real Hospitality Group will manage the 132-key property, which is set to undergo a significant renovation.
Downtown Phoenix Office Building Lands $51M Financing
HFF secured the three-year, floating-rate loan for U.S. Bank Center, a 360,000-square-foot high-rise building. Completed in 1976 and renovated in 2013, the property is 63 percent occupied.
Boulder Group Arranges Sale of Medical Facility
A West Coast real estate investor paid $1.9 million to acquire the Fresenius Medical Care center in Enola, Pa., from a Northeastern private partnership.
Middleton Partners Snags Milwaukee CBD Asset
The company purchased the property from Riverview Realty Partners, which invested $17.3 million in upgrades since acquiring the building in 2014.
Third Phase of Surf City Pierside Pavilion Underway
Theory R. Properties is gearing up for the addition of a four-story building, which will house high-end retail, an upscale restaurant with a rooftop terrace and office space.
SpringHill Suites by Marriott Debuts in Cincinnati
The hotel is roughly 35 miles from Cincinnati/Northern Kentucky International Airport. Keystone Hotel Group will manage the 100-key property.
World’s First Panda-Shaped Solar Farm Begins Operations
The 50-megawatt solar farm is the first phase of a 100-megawatt solar facility and was recently connected to the grid.