Marcus & Millichap
Miami Office Building Trades for $14M
Key International sold the 11-story Class A asset located near the Health District. Institutional Property Advisors negotiated the deal on behalf of the seller.
Easterly Government Properties Buys FBI’s New Orleans Office
The 137,679-square-foot building, which houses the government agency’s field office in New Orleans, was built for the FBI 20 years ago.
Finmarc Management Buys 250 KSF Retail Asset in Virginia
The Maryland-based company acquired Manaport Plaza Shopping Center for nearly $30 million. The retail center in Manassas is adjacent to another Finmarc-owned shopping center and a regional mall.
Stan Johnson Facilitates $3M Sale in Tampa Area
Joshua Pardue, James Ullrich, Michael Macchia and Greg Macchia represented the seller. The 9,276-square-foot retail asset in Bradenton, Fla., traded at a 7.25 percent cap rate.
The Talk of RECon 2019
A sampling of comments from the thousands of retail real estate professionals who attended ICSC’s annual spring convention in Las Vegas last week.
Marcus & Millichap Names New VP in Denver
Neville Rustomjee, who joined the company in 2012, has more than 18 years of architectural experience working on large resorts and hotels.
Iconic FL Resort Completes $320M Renovation
The beachfront JW Marriott Marco Island Beach Resort now features a new spa, several dining facilities and 100,000 square feet of meeting and event space.
Texas Self Storage Facility Changes Hands
Marcus & Millichap’s Houston- and Denver-based offices brokered the sale of the 529-unit storage property located in Katy, around 30 miles from downtown Houston.
CBRE Adds Tampa Retail VP
Ari Ravi has joined the firm from Marcus & Millichap. In his new role, he will focus on business development and execution of retail investment properties.
Keystone Arranges $36M for San Diego County Flex Buildings
The four buildings add to buyer RAF Pacifica Group’s portfolio. Almost all purchases were renovated within the past two years and are fully occupied.