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Chesapeake Lodging Trust to Sell $46M Minneapolis Hotel
The Hotel Minneapolisis situated in the heart of Minneapolis, offering convenient access to sports venues, cultural amenities and many corporate headquarters. The trust first purchased the asset back in 2012.
OC Office Campus Lands $39M Financing
HFF arranged the loan for Menlo Equities’ Towne Centre, a 292,271-square-foot office campus in Foothill Ranch, Calif. The three-building property underwent renovations in 2015 and 2016.
Lee & Associates Brokers DP Electric HQ Relocation
Formerly owned by Robert Coleman Trust, the office building is located in Tempe, Ariz., and encompasses more than 34,000 square feet.
EverWest Buys Seattle Industrial Portfolio
HFF facilitated the company’s purchase of the West Valley Distribution Center I, III and V in North Kent Valley, which total more than 138,000 square feet.
CareTrust Expands Health Care Portfolio
While providing mortgage financing for a SoCal property, CareTrust purchased other three skilled nursing facilities. Providence Group will be managing the assets.
West LA Office Asset Lands $33M Refi
Quantum Capital Partners arranged a CMBS loan for a 107,000-square-foot West Los Angeles office building. The real estate capital advisory firm represented the landlord, a a joint venture between Sunrise Real Estate Group, Robhana Group and 4M Investment Group.
Top 10 San Francisco Office Buyers
Since January, seven transactions valued at more than $100 million closed in the metro. Well-known industry names, including Blackstone and Beacon Capital, are among the top buyers.
Transwestern Expands Property Management Portfolio
Griffin Capital selected Transwestern to manage four Las Vegas office buildings. The properties total a little more than 390,000 square feet combined.
Carter Validus Buys Two Data Centers for $34M
The company enlarged its data center portfolio with two assets, one in Tempe, Ariz. and another in King of Prussia, Pa. This year, the company invested over $1 billion in data center facilities.
Colocation Northwest Inks 7mW in Seattle Metro
Centeris’ SH1 facility is a LEED Gold certified building, offering over 40mW of total IT capacity. Colocation Northwest leased seven megawatts at the Puyallup, Wash. site.