Vestar Acquires Best in the West Retail Center in Las Vegas, Nevada
Vestar, one of the leading privately held shopping center owners in the western United States, announced today that it has purchased Best in the West, a 465,000 square-foot retail center in Las Vegas, Nevada. The property was acquired from Weingarten Realty Investors. In addition to Best in the West, Vestar Read more…
National Storage Affiliates Trust Acquires 27-Property Store Here Self-Storage Portfolio
Dallas investor buys shopping center for $7.4 million
Applebee’s and Petco are anchor tenants in Alton Corners Shopping Center, 303-319 Homer Adams Parkway. Tabani Group Inc., a Dallas-based commercial real estate firm, has acquired an Alton, Illinois, shopping center for $7.4 million. Midland Loan Services – Real Estate Solutions Group, an entity of PNC, was the seller of Read more…
Solana Beach Companies Sold Nevada Hotels
TownePlace Suites Henderson Photo courtesy of HFF Solana Company, based in Solana Beach, and Brickstar Capital, with offices in Solana Beach and Los Angeles, have sold two hotels in Henderson, Nevada in a joint venture. The 120-room SpringHill Suites at 1481 Paseo Verde Parkway and the 108-room TownePlace Suites Henderson Read more…
HFF Announces $159.2M Recapitalization of 11-Property, Multi-State Industrial Portfolio
HFF Arranges Sale-Leaseback of 41-Property Portfolio
Meek’s Lumber and Hardware facility HFF has closed the sale-leaseback of a 41-property portfolio comprising mission-critical distribution centers and commercial properties located in California, Nevada, Missouri and Arkansas. The assets are fully leased to the seller, Meek’s Lumber and Hardware, and encompass more than two million square feet. The sale-leaseback Read more…
HFF announces $4.725M sale of office asset in southeast suburban Denver, Colorado
Buyer takes shine to value-add shopping center in Centennial
The buyer paid $11 million, or $67.31 per sf, for Willow Creek Shopping Center, a 163,412-sf value-add retail center at the northeast corner of South Quebec Street and County Line Road in Centennial. An entity controlled by Miami based Jewell Capital LLC took a shine to a Denver suburban retail Read more…
HFF Closes Sale of Value-Add Industrial Asset in Colorado
6265 Gunbarrel Ave. in Boulder, Colo. Boulder, Colo.—HFF recently closed the sale of a 151,976-square-foot flex/industrial manufacturing building located in Boulder, Colo. Bow River Capital Partners’ new acquisition, 6265 Gunbarrel Ave., is valued at $13 million, according to PropertyShark data. Consisting of two stories, the industrial building features 48,000 square feet Read more…