HFF
Memphis Industrial Portfolio Commands $50M
A partnership between Diamond Properties and funds managed by Ares Management LP acquired 43 buildings in the deal, thanks to $32.5 million in financing arranged by HFF.
HFF Names Managing Director in Atlanta
Chris Dewey, who possesses more than 18 years of commercial real estate experience, will focus on hotel investment advisory transactions.
TerraCap Snags $39M Orlando Office Portfolio
HFF represented the seller, an affiliate of Banyan Street Capital and funds managed by Oaktree Capital Management, in its disposition of Resource Square I and III, two Class A properties totaling 244,549 square feet.
Blackstone Sells NYC Office Tower for $640M
The company found a buyer for the 683,000-square-foot 5 Bryant Park in Midtown Manhattan with the assistance of JLL and HFF. JLL also arranged $463 million in acquisition financing.
Black Equities Buys Houston Business Center
The company expanded its portfolio by a total 192,000 square feet of industrial space in Houston. The facility is within the 440-acre master-planned business center dubbed Interwood Business Park.
Swift Real Estate Grabs $110M San Francisco Tower
The subdivided condominium interest in the 219,700-square-foot building at 1390 Market St. last traded in 2007 in a deal valued at $42.7 million.
HFF Arranges $10M Financing for NJ Storage Development
The company has secured the loan through the Bank of New Jersey for the construction of a 925-unit self-storage facility located in Nutley, N.J.
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
UBS Trades DC Office Asset for $54M
Representing the property owner, HFF secured a buyer for the 110,000-square-foot building and orchestrated acquisition financing on behalf of the investor.
Grocery-Anchored Retail Center Trades in RI
HFF represented ShopCore Properties in the sale of the 60,488-square-foot retail center in Richmond, which includes a supermarket, fuel center and a fitness club.