CBRE
CBRE Adds Retail Specialists to Newport Beach Office
Ryan Sullivan and Jeff Nichols join the company from Western Retail Advisors, a retail brokerage firm the two new senior vice presidents built together.
Blackstone Trades $170M South FL Hotel
Brookfield Property Group picked up the 589-key Hilton Fort Lauderdale Marina. The previous owner renovated the 1980s-era asset 10 years ago.
Louisiana’s Margaritaville Resort Casino to Sell for $376M
In separate transactions, VICI Properties will acquire the Bossier City, La., gaming destination’s real estate properties, while Penn National Gaming will purchase the operating assets.
Meridian Sells CA Office Building
The buyer, Phase 3 Real Estate Partners of South San Francisco and San Diego, paid $39.5 million for the multi-tenant asset.
Richmond Honan Picks Up Atlanta Offices
A joint venture between Pope & Land Enterprises and Noro traded the two buildings for $44 million. The seller bought the property in 2015 for $24.5 million.
Ground Breaks on 1.4 MSF Chicago Office Tower
Howard Hughes Corp. and Riverside Investment & Development Co. have already signed Bank of America to a 500,000-square-foot lease at 110 North Wacker, scheduled for delivery in the fourth quarter of 2020.
Hines Sells 300 KSF Green Building in Phoenix
In the city’s largest office deal so far this year, an affiliate of New York Life Real Estate Investors acquired an eight-story asset in the Camelback Corridor.
CBRE Brokers LA-Area Office Sale
Niagara Water purchased a three-story, 135,000-square-foot asset in Diamond Bar, Calif., and is set to remodel the interior of the building.
South Florida Industrial Facility Sells for $30M
The fully leased, cross-dock warehouse serves as the corporate headquarters for Vital Pharmaceuticals and Mondelez International’s South Florida distribution hub.
CBRE to Manage, Lease TX Office Portfolio
Bow River Capital acquired Centerview Crossing earlier this year. The park contains nearly 240,000 square feet of Class B office space across seven buildings.