Dallas/Fort Worth

The closing on the property marks the second Jacksonville acquisition for the Fogelman-Thackeray partnership in the past 120 days and grows Fogelman's Jacksonville portfolio to more than 1,900 units.

The opening of the new four-star hotel signifies the latest in a host of openings for the fast-growing Vancouver-based full-service hospitality firm, which is actively growing its footprint in Canada, the UK, and the US.

The number of renters in their early 60s jumped 84% between 2006 and 2016, and with more seniors living longer lives, this means developers have upped their games for amenities in senior living communities.

The largest transaction—a $165-million non-recourse mortgage loan—is collateralized by 85 assets owned by subsidiaries of SMTA and leased to Shopko that are held outside of the company's Master Trust.

Reportedly Northern Virginia, Dallas and New York City are on the company's short list.

A wide array of companies have added major distribution facilities to the metroplex during the past year, and many investors are taking notice and responding accordingly in transactions large and small.

“This sale represented a rare opportunity to purchase a new single-tenant, triple-net Walmart with stable income stream with increases,” says Ed Hanley of Hanley Investment Group.

The training center has added approximately 42,000 square feet, more than double the size of the existing high bay facility, to include space for additional flight simulators, a demo room and classrooms.