CBRE
Genet Property Group Buys FL Industrial Portfolio
The purchase included Fairfax Industrial Park in Riviera Beach and 7150 Devons Road in West Palm Beach. Cushman & Wakefield represented the seller in the transaction.
DC’s Warner Center Commands $377M
JBG Smith sold the historic Pennsylvania Avenue property. The 583,453-square-foot Class A office asset was 98 percent leased at the time of the sale.
HRT Expands World Trade Center Footprint
The fintech company has signed a 136,000-square-foot lease at 3 World Trade Center with Silverstein Properties, less than three years after taking the 57th and 58th floors of 4 World Trade Center.
CBRE Lines Up $47M Loan for MN Office Campus
The refinancing features a 10-year term and was secured on behalf of Wildamere Capital Management, the owner of Plymouth Corporate Center.
Chase Properties Expands Louisiana Retail Footprint
The company purchased Prien Lake Shopping Center, a 135,000-square-foot asset located in Lake Charles and anchored by Marshalls, Ross Dress for Less and Bed Bath & Beyond.
Atlanta Office Sells for $83M
The Brookdale Group, which acquired the nearly 280,000-square-foot Class A asset in 2015 for $53 million, renovated the property in 2016.
Hana Financial Acquires Frankfurt Office Property
Hines advised the firm in its purchase of Helix, a nearly 390,000-square-foot building located in Helfmann Park. The asset is currently leased to Commerzbank.
Gencom Pays $100M for FL Hotel Portfolio
The company led a partnership that purchased two Tampa-area properties: The Beachcomber Beach Resort & Hotel and The Grand Plaza Beach Hotel & Beach Resort.
Carlyle Group, Explorer Investments Acquire Portuguese Resort
The joint venture purchased the 194-key Penha Longa Hotel & Golf Resort in Sintra, Portugal. A CBRE team advised the buyers in the transaction.
On the Market: 5 Interesting Listings for December
This month’s listings include a redevelopment-ready property in Richmond, Va.; a recently completed luxury community in Philadelphia; and other opportunities.