Florida
Dallas Investor Picks Up Ritz-Carlton Sarasota for $171M
Dallas-based Ashford Hospitality Prime, Inc. completed the acquisition of the 266-room Ritz-Carlton Sarasota in Sarasota, FL for $171 million, or $643,000 per key. The… Read more
CBRE Brokers Deal for Peter Lik’s First Chicago Gallery
CBRE’s Chicago office represented landlord GLL Real Estate Partners in what will be the first retail location in the city… Read more
KKR Mortgage REIT Finances West Side Multifamily
KKR Real Estate Finance Trust (KREF) capped an active March with an $86-million senior loan on a 186-unit New York… Read more
Rodeo Drive Property Sells Twice in 24 Hours, Purchase Price Doubles to $110M
Palm Beach, FL-based Sterling Organization closed the $110-million sale of a 7,634-square-foot parcel at 456 N. Rodeo Drive in Beverly Hills, CA. The… Read more
Miami Tower Adds Two New Tenants
Two leases have been signed at Miami Tower, a 47-story, landmark office skyscraper at 100 SE Second St. in downtown… Read more
Miami Restaurateur Chooses Flatbush for First NYC Outpost
Foozo Artisan Pizza, which shares the same operator as Miami’s renowned Fuego by Mana Steakhous, will bring its fast casual… Read more
44 Acres in Metro Atlanta Slated for 600K-SF Spec Industrial Development
McCraney Property Company acquired more than 44 acres on Georgia State Route 13 in Buford, GA from Northeast Georgia Health… Read more
Logistics Firm Renews with Prologis in South Florida
Transwestern’s South Florida industrial team facilitated a long-term lease renewal for roughly 95,000 square feet on behalf of DSV Air… Read more
Blackstone Buying 41-Property Portfolio from FRP for $359M
An affiliate of Blackstone Real Estate Partners VIII, L.P. is acquiring 41 industrial warehouses and two adjacent lots from Jacksonville-based… Read more
ShantiNiketan Moves Ahead on Adult Housing Community
ShantiNiketan, a developer of active-adult housing developments geared to those age 55 years or older, is under contract to acquire… Read more
FL Investor Snaps Up Former Bar Toma Location
Florida-based investor Sterling Organization has acquired the former home of chef Tony Mantuano’s Bar Toma restaurant for $15.1 million. The… Read more
My Eyelab Focuses on South Texas Growth
Retail optical center My Eyelab signed a multi-unit franchise agreement to expand across South Texas. Franchisees Scot Poole and Ezra… Read more
JLL Negotiates 16th Lease for Dirt Cheap
Dirt Cheap, a discount retail chain with its roots in Hattiesburg, MS, leased space at 3161 Broadway Blvd. in Garland,… Read more
Demand for Cold-Storage Heats Up as Online Grocery Sales Grow
By Dennis Kaiser The growth of online grocery sales could result in demand for up to 35 million square feet of U.S. cold-storage… Read more
Federal Tax Reform Package to Provide Boost in California
The recently-enacted federal Tax Cuts and Jobs Act reform legislation is expected to drive interest in knowledge-center markets, spur investment… Read more
ARA Newmark Closes $500M in Student Housing Sales in Seven States
ARA, A Newmark Company, completed more than $500 million in student housing investment sales since February. The transactions totaled more… Read more
Berkadia Arranges $40M Acquisition Loan for Orlando Apartments
Robbins Property Associates secured $40.5 million in acquisition financing for Art Avenue Apartment Homes, a 300-unit garden style community located… Read more
Fidelity Acquires Stewart Title for $1.2B
Fidelity National Financial Inc. is acquiring Houston-based insurer Stewart Information Services Corp in a $1.2-billion cash-and-stock deal. The move is… Read more
Griffin Capital Picks Up Florida Gatorade Facility for $60M
CenterState Logistics Center, a 605,412-square-foot distribution facility within the I-4 Corridor in Lakeland, FL, has traded hands for $59.6 million.… Read more