Regions
HFF Closes $26M Sale of Phoenix-Area Property
The company represented the seller, a partnership between AEW Capital Management and The Muller Co., and procured the buyer, Arizona Partners.
Marriott Breaks Ground on Adaptive Reuse Hotel
The property, a former soap and candle factory, textile manufacturing facility and knitting mill, will soon join the company’s Tribute Portfolio.
Long Island Medical Office Portfolio Hits the Market
Cushman & Wakefield is marketing the sale of two medical office buildings located in Great Neck and Manhasset, N.Y. The assets total 70,167 square feet of space and are 88 percent leased to multiple tenants.
Marcus & Millichap Secures DC Mixed-Use Asset
The Transit Employees Federal Credit Union sold the 4,374-square-foot mixed-use facility located in Washington, D.C. The property features a sublevel and mezzanine space for retail, office or multifamily conversions.
SRS Opens New San Diego Office
SRS Real Estate Partners has hired Sam Hanna and Bryan Raphaelson, both from Marcus & Millichap’s net lease group, to anchor the new San Diego team. The company also appointed Michael Lagazo, formerly of SVN, as vice president.
Crescent Tapped to Manage Philly-Area Hilton Hotel
The 146-key hotel is adjacent to the Fort Washington Office Park, benefiting from the proximity of nearly six million square feet of Class A office space. Crescent will manage all operations of the hotel, including guest experience and food services.
Avison Young Brokers $20M Sale of 2 DC-Area Industrial Assets
The properties totaling 245,888 square feet were sold by CIM Group and purchased by Beckham Gumbin Ventures. The buildings are close to key employers, such as the CIA and CACI International.
SF Shipyard Mixed-Use Development Sets Sail
The San Francisco Shipyard will anchor a wider plan along San Francisco’s southeastern shoreline, which also incorporates Candlestick Park. This will be the Bay Area’s largest commercial development under single ownership.
HER Realtors Opens New Ohio Office
Matthew Long, a broker with HER since 2016, will spearhead the sales team at the company’s second location in Clintonville, Ohio.
Revamped Glendora Shopping Center Opens Doors
JLL has secured three leases for owner Champion Glendora, bringing total occupancy to 85 percent, prior to completion of the redevelopment in July.