Georgia
Columbia Property Exits Houston with $272M Sale
Columbia Property Trust Inc. said “goodbye” to Houston with a 1.2-million-square-foot, three-office-property disposition to Spear Street Capital. The Atlanta-based seller… Read more
Sprouts Market to Grow More Stores in 2017
Sprouts Farmers Market, headquartered in Phoenix, AZ, is continuing on a growth path in 2017. The natural-foods grocer will open… Read more
CIM Group Acquires SF Asset for $123M
Los Angeles-based CIM Group acquired 55 Hawthorne, a 143,000-square-foot office building in San Francisco for $123 million. The asset was… Read more
$73M Multifamily Sale Sets Colorado Springs Record
Courtland Partners of Atlanta, GA paid $73.3 million to acquire the 440-unit Grand River Canyon apartments in Colorado Springs, CO.… Read more
Gramercy Property Pays $521M for Industrial Portfolio
Gramercy Property Trust closed on the acquisition of a 17-property, 10.3 million-square-foot industrial portfolio for $521 million. The portfolio is… Read more
American Apparel Closes Stores in Nine Cities
Bankrupt retailer American Apparel now plans to close stores in nine cities. The troubled retailer will sell its remaining 101… Read more
Hunt Mortgage Hangs South Carolina Shingle
Hunt Mortgage Group, headquartered in New York City, has set up shop in Charleston, SC. John Beam, who currently heads… Read more
Jamestown Expands Office Portfolio in San Francisco
Atlanta-based Jamestown, L.P. acquired 55 Francisco, a 145,172-square-foot office building in San Francisco from Lincoln Property Co. and the Teachers’… Read more
Starwood Launches Renovation on Westin Galleria Houston
Starwood Hotels & Resorts Worldwide has kicked off its $20 million renovation of the Westin Galleria Houston hotel. The property… Read more
Lantower Makes First San Antonio-Area Buy
Lantower Residential entered the San Antonio market with its acquisition of the 312-unit, 327 Sunset multifamily complex in Alamo Heights,… Read more
Developer, Insurance Co. Fighting over Wyoming Ranch
When Fourth Quarter Properties 86 LLC attempted to sell a 3,000-acre ranch in Wyoming to Chinese investors for $35 million,… Read more
Michael Ufer Joins Gensler’s Dallas Office
Veteran architect Michael Ufer joined Gensler’s Dallas office to boost the company’s government, education, science/technology and healthcare practice areas. Ufer… Read more
Behind the Glass: The Magic of Steel and Novel Design
By Dennis Kaiser Development of Natura City’s Blue Bay, a luxury condo project in Irvine, CA, is set to begin… Read more
Pure Industrial Pays $81M for Southeast Portfolio
Pure Industrial Real Estate Trust acquired a six-property portfolio from STAG Industrial Inc. The Canadian REIT paid $81 million for… Read more
Alpha Insulation Ends Search, Inks Lewisville Lease
Alpha Insulation & Waterproofing Inc. ended its 18-month long search for expansion space in North Texas by signing a lease… Read more
California, Tennessee Top Ten-X’s Industrial Market Buys
Ten-X’s recently released “Industrial Sector Report” has praise for California and Tennessee. Specifically, the California-headquartered research company named Nashville, Los… Read more
180K-SF MXU Enterprise Mill Trades Hands
Enterprise Mill, a 179,122-square-foot, mixed use property sold for $12.9 million, the largest year-to-date sales transaction to close in Augusta,… Read more
Santa Monica Creative Campus Acquired for $400M
New York-based Brightstone Capital Partners and Los Angeles-based and Artisan Realty Advisors acquired Lantana Media Campus for reportedly $400 million.… Read more
Dallas-Based Funds Raise Millions
Two Dallas-area funds have finished capital raises in the millions, with the end goal of buying commercial real estate. Crow… Read more