Deals

Somerset Properties JV Sells 5-Building NC Industrial Portfolio

HFF represented the sellers in the disposition of Airport Distribution Center in Greensboro, which traded for a little over $32 million.

Industrial

OA Development Acquires $31M Charlotte Office Portfolio

An HFF team paired properties from two sellers—ROC III Fairlead Imperial Center LLC and Crown Realty—to package four buildings involved in the transaction.

Office

JV Buys Land for PA Industrial Spec Project

The project—dubbed PARK 309—will encompass 260,000 square feet of warehouse/industrial space, across two separate buildings. Completion is slated for the end of 2018.

Industrial

Regions

Change City

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.
Miami 22 June 2018 06:48
Mid-America Brokers Chicago Retail Sale

The 31,325-square-foot property is located in the Uptown neighborhood and is leased to Ross Dress for Less and Verizon Wireless.
Chicago 21 June 2018 19:05
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.
South 21 June 2018 15:54
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.
San Francisco 20 June 2018 16:17
HFF Brokers Sale of 191-Key VA Hotel

Westin Reston Heights, which opened in 2008, is within walking distance of the upcoming Reston Town Center Metrorail Station, while Dulles International Airport is a 10-minute drive away.
Washington Dc 20 June 2018 15:42
The Mele Group Brokers Sale of 382-Unit Facility

Marcus & Millichap’s Tampa-based self-storage brokerage team arranged the sale of a storage property located in Spring Hill, Fla. The team worked on behalf of both the seller and the buyer in the deal.
Tampa 20 June 2018 15:20
Nektar Therapeutics Trades AL R&D Facility

The building, constructed in 2000, is part of Huntsville’s Cummings Research Park and contains more than 50,000 square feet of office, laboratory, production and research space.
South 20 June 2018 14:12