Capital improvement
PMAT Offloads GA Retail Property
The recently renovated grocery store-anchored shopping center in Acworth contains more than 100,000 square feet of leasable space. HFF arranged the sale of the almost fully leased property.
Hartman Income REIT Renovates Houston Retail Center
Lifesavers 24-hour Emergency Room is set to occupy 6,300 square feet at the property, while Dollar Tree leased 4,700 square feet and will be moving in soon.
Atlantic Hotels Picks Up 2 DFW-Area Assets
An HFF team led by Pete Fehlman secured more than $20 million in acquisition financing for the 190-key hospitality portfolio.
Historic Atlanta High-Rise Lands New Tenant
Herzing University plans to occupy the full-floor, 30,000-square-foot space in the late summer of 2018, relocating students and employees from its existing space in Buckhead.
National Asset Services Picked to Manage SC Retail Asset
Planet Fitness, Office Depot, Stein Mart and 26 other tenants occupy the open-air shopping center, containing nearly 250,000 square feet.
Diamond Resorts Buys First Oahu Hotel
The Modern Honolulu hotel is situated minutes from the Waikiki Beach and offers various luxury amenities. Diamond Resorts plans to implement a few upgrades to the resort.
Denver Hotel Changes Hands
The buyer plans to renovate the property and convert it into a branded hotel. Best Inn & Suites offers convenient access to the Denver International Airport.
Bank of Texas Signs Lease in Fort Worth Tower
The financial institution will occupy more than 20,000 square feet in the nearly 1 million-square-foot Class A office high-rise in the city center.
CBRE Lands Office Management, Leasing Contracts in South FL
The firm’s Kevin Probel and Kevin McCarthy will handle leasing for the two buildings, and Mike Williamd and Cindy Hatcher will oversee property management.
JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.