Barclays

Blackstone to Double US Industrial Footprint in Record $18.7B Deal

The company agreed to purchase assets from three GLP funds, building on growing e-commerce demand. The deal is being called the largest-ever private equity real estate transaction.

Austin Energy to Acquire Nacogdoches Facility for $460M

The transaction is expected to close in mid-2019 and will enable Austin Energy to avoid about $275 million in additional costs over the remaining term of the agreement.

RE Veteran Joins Starpoint Properties as Head of Investments

With nearly two decades of senior level experience, Lonnie Vidaurri will also lead the capital markets team. Previously, he served at Onewest Bank, Barclays and Lehman Brothers.

La Quinta Inn & Suites Dallas, Richardson, Texas

Wyndham to Buy La Quinta for $2B

The transaction will expand Wyndham’s hotel portfolio to 21 brands and more than 9,000 properties, and result in the spinoff of La Quinta’s owned real estate assets into the newly formed CorePoint Lodging Inc., which will hold the distinction of being the only pure-play, publicly traded REIT focused exclusively on midscale and upper-midscale lodging.

One Century Place

Griffin Closes Nashville’s Top 2017 Office Deal

An entity owned by Syed Shamim of Bahrain bought the 530,000-square-foot One Century Place. Transwestern will continue as property manager of the Class A building.

David Kestnbaum, a managing director at Blackstone

Blackstone to Lead Cloverleaf Recapitalization

Wells Fargo Securities served as financial advisor and Katten Muchin Rosenman LLP served as legal advisor for the cold storage warehousing and food logistics company during the transaction.

One of the portfolio properties: the MetLife building, 501 US-22 Bridgewater N.J.

Stonemont Buys $1.3B Net Lease Portfolio

CBRE Capital Markets arranged the transaction on behalf of the seller, Oak Street Real Estate Capital, and secured $1.1 billion in acquisition financing for Stonemont. The deal encompasses 100 assets in 20 states.

Philly-Area Office Trades, Lands $45M Financing

HFF’s investment sales team reeled in a buyer for Valley Creek Corporate Center, then the firm’s debt placement team secured acquisition funds for the Pembroke-Ten Capital joint venture through Barclays Capital.

Barclays Nabs Revitalized NJ Office Campus

Long-term tenant Barclays Capital acquired the three-building The Crossings at Jefferson Park in Whippany, N.J, from a joint venture. The complex underwent a three-year multimillion-dollar renovation and features The Powerhouse, an 11,000-square-foot, stand-alone amenities center.

Vintage NYC Building Scores $430M Refi

The 675,000-square-foot, Class A property was built in 1909 and consists of two contiguous buildings near Union Square, Gramercy Park and Madison Square Park.