American Realty Advisors
American Realty Advisors Names New EVP
Shelley Santulli brings more than 26 years of experience in real estate investment management to the company and will work on developing new products and business initiatives.
ARA Goes Shopping in Twin Cities
The newly constructed property is located close to downtown St. Paul and downtown Minneapolis and includes retail space and a medical business center.
Pure Industrial Acquires Atlanta Warehouse
The Canadian REIT purchased Phase II of King Mill Distribution Park, a 760,256-square-foot property in McDonough, Ga., from a joint venture between Trammell Crow Co. and Allstate.
ARA Adds New Senior Investment Experts
Meet Albert Pura and Rick Massa, American Realty Advisors’ most recent promotees. The former now acts as the firm’s senior director of investments and will continue to be based in the San Francisco office, while the latter—based in the Chicago office—will focus on the company’s portfolio management.
ARA Brings Senior Director on Board in LA Office
Industry veteran Doug Vikser will spearhead the company’s capital markets team while focusing on originating structured debt and preferred equity investments.
DC Office Building Trades, Seeks Rebranding
In a deal brokered by Newmark Knight Frank, American Real Estate Partners paid $64.2 million for the 192,000-square-foot office asset located in the NoMad submarket of Washington, D.C.
Newport Beach Office Tower Trades for $76M
American Realty Advisors sold 4100 Newport, a 190,400-square-foot office tower in Orange County, Calif., to Olen Properties in a transaction that’s been deemed the area’s largest office sale by price per square foot.
Pioneer Building in San Francisco Changes Hands
American Realty Advisors acquired the 37,000-square-foot office building from Bridgeton Holdings. At the time of sale, the asset was fully leased to Musk Industries.
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.
ARA Nabs 846 KSF Atlanta-Area Industrial Asset
The property sold by Trammell Crow is 100 percent leased to a subsidiary of Wayfair, one of the world’s leading online destinations for home goods.
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