HFF
San Diego Office Portfolio Commands $77M
A joint venture acquired the four-building collection of properties within the Liberty Station development from McMillin Cos. The partners also secured $58.9 million in financing for the purchase.
JV Receives $55M for Denver Office Asset
The property previously served as the administrative back office center for CenturyLink. The borrower plans to transform the property into a state-of-the-art office center.
Atlanta Office Asset Commands $58M
The seller, Lone Star Funds, had acquired the 18-story Class A property from U.S. Bank for $47.3 million in 2015.
MN Retail Center Lands Financing
The borrower will use the three-year, floating-rate loan secured by HFF to redevelop the 137,000-square-foot retail center, which is anchored by Cub Foods.
Granite Properties Buys Houston Office Complex for $78M
The purchase of Eldridge Place, an 824,000-square-foot property in the Energy Corridor, increases the company’s presence in the city to more than 2.3 million square feet.
107-Key Boston-Area Resort Changes Ownership
Newport Hotel Group purchased Nantasket Beach Resort in Hull, Mass. An HFF investment advisory team has brokered the transaction.
Somera Road Buys Kansas City Office Asset
Working on behalf of the buyer, HFF arranged a $60.2 million bridge loan for the purchase of City Center Square in downtown Kansas City.
Lincoln Property Acquires VA Office Campus for $21M
The five-building campus has nearly 110,000 square feet of space within the Van Buren Office Park in Herndon, Va. The seller was Finmarc Management.
Malkin Properties Gets $155M Loan for 2 CA Hotels
The projects in Oceanside will total more than 350 keys. Destination Hotels & Resorts will operate one of the assets, while Joie de Vivre will be in charge of the other.
Thackeray Partners JV Sells NC Distribution Center
Boston-based NorthBridge Partners acquired North 70 Distribution Center. The 260,000-square-foot facility in Durham was fully leased at the time of sale.