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NKF Closes Sale of 15-Story East Bay Office Asset
Situated in a prime transit-oriented location, the Class A tower is located in a rapidly transforming submarket, adjacent to the Concord BART station.
Hilton Picks Up 2 Neighbors, 1,500 Keys
Hilton Worldwide has recently announced the acquisition of two Orlando facilities, the Waldorf Astoria Orlando and Hilton Orlando Bonnet Creek. The seller was a consortium including affiliates of GEM Realty Capital, Farallon Capital Management and Blackstone. The parties signed a transaction agreement in mid-February, a week before the actual acquisition took place.
Nearly three years after acquiring One Pacific Plaza through a receivership sale, Lincoln Property Co. and GEM Realty Capital have sold the three-building, Class A, Orange County office property to Prudential Real Estate Investors for $94 million.West 23 May 2014 14:41