Highwoods Properties a publicly traded REIT, acquired Advance Auto Parts Tower, a 20-story highrise, from Lionstone Investments. Lionstone Investments, who developed the building in partnership with Kane Realty Corp., were the sellers. CommercialEdge reports Highwoods plans to use proceeds from…
Gulf Coast Commercial Group spun off Baybrook Passage, a 189,334 square foot shopping center in Webster, southeast of Houston. The center, at 19425 Gulf Fwy., was acquired by SLS. Mark Witcher, Jolie Duhon, Chris Cozby, Jim Batjer and Harrison Tye…
Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate today announced the acquisition of the Atrium Medical Center Medical Outpatient Building. CBRE brokered the transaction. The five-story, 103,175-square-foot medical office building, located at 200 Medical Center Dr. in…
Ashford Hospitality Trust (AHT) closed on the sale of the 193-room One Ocean Resort in Atlantic Beach, Florida. Aspect Real Estate, Kelco Management and Development, Sage Hospitality Group and Corner Lot Development Group purchased the Resort for $87 million. AHT…
Cambridge Realty Capital Companies arranged a $5,950,000 conventional loan to acquire Twilight Haven Senior Living, located in Fresno. Brent Holman-Gomez, SVP at Cambridge, lined up the fully-amortized, 25-year loan for the buyer, a California limited liability company. Underwriting the transaction was a Utah-based…
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