RALEIGH, NC-The sale takes the locally headquartered REIT out of the Charlotte market where it owns 1.5 million sf, and out of Sabal Park in Tampa, FL, where it owned 940,000 sf. The buying joint venture includes one-time Highwoods executives.
PROVIDENCE, RI-In its largest deal ever, the locally headquartered hotel company signs a binding agreement to acquire 1607 rooms in five Doubletree hotels in Tyson's Corner, VA; Chicago; Atlanta; Scottsdale, AZ, and; Santa Monica, CA.
PROVIDENCE, RI-In its largest deal ever, the locally headquartered hotel company signs a binding agreement to acquire 1607 rooms in five Doubletree hotels in Tyson's Corner, VA; Chicago; Atlanta; Scottsdale, AZ, and; Santa Monica, CA.
PORTLAND, OR-With one year left on its 10-year 37,000-sf lease, the structural and civil engineering firm inks a seven-year renewal for about 48,000 sf in the 1.07-million-sf Downtown office building.
SAN FRANCISCO-San Diego-based American Assets acquires the fully leased, 393,000-sf historic financial district office building here and the 44,000-sf annex. The property was recently rehabbed to the tune of $175 million.
SAN FRANCISCO-San Diego-based American Assets acquires the fully leased, 393,000-sf historic financial district office building here and the 44,000-sf annex. The property was recently rehabbed to the tune of $125 million.
RENTON, WA-Shortly after landing the first tenant for its empty 275,000-sf office complex here, Flynn Properties lands $19.5-million in structured financing to fund ongoing improvements to the two-building complex.
CHARLOTTE, NC-Roberts Realty Investors sells the Ballantyne Place apartment community here for $37.25 million. It plans to use the proceeds to acquire or develop other properties in Atlanta or South Florida.
CHARLOTTE, NC-Roberts Realty Investors sells the Ballantyne Place apartment community here for $37.25 million. It plans to use the proceeds to acquire or develop other properties in Atlanta or South Florida.
PORTLAND-The disposition and development agreement calls for the owners of Portland-based Group MacKenzie and Lake Oswego, OR-based Coaxis to purchase the 91,000-sf building for $200,000 and then spend $8.6 million--in concert with up to $3 million in public subsidies--to renovate the upper floors for use as their companies' headquarters.