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Deals news – page 79
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Formation Moving Forward on $130M McKinney Warehouse SiteFormation has closed on the purchase of 118 acres in McKinney, TX, for a future 715,000-square-foot corporate campus to be named The Gateway at Formation Park (“The Gateway”). Located at the intersection of Laud Howell Pkwy and Hwy 75, The Gateway will consist of six buildings.
Marcus & Millichap Brokers Sale of Restaurant in Buford, Georgia Leased to WhataburgerBUFORD, GA. — The Taylor McMinn Retail Group of Marcus & Millichap has brokered the sale of a restaurant in Buford, a northeast suburb of Atlanta in Gwinnett County.
Representative imageMarcus & Millichap Brokers Sale of 314-Unit Self-Storage Facility in HoustonHOUSTON — Marcus & Millichap has brokered the sale of HP Storage, a 314-unit self-storage facility in Houston.
Representative imageTilman Fertitta Acquires Caesars Entertainment in Deal Valued at $17.6BFertitta Entertainment, the multinational gaming and hospitality giant owned by billionaire Tilman Fertitta, has gone all in with its latest acquisition.
Representative imageLanCarte Commercial Negotiates 50,099 SF Industrial Lease in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Locally based brokerage firm LanCarte Commercial has negotiated a 50,099-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The space is located within Suite 200 at the building at 1201 Avenue S.
DLC, DRA Advisors Acquire 640,328 SF Shadow Lake Towne Center in Papillion, NebraskaPAPILLION, NEB. — DLC, in joint venture with a fund managed by DRA Advisors, has acquired Shadow Lake Towne Center in Papillion. The transaction marks DLC’s entry into the metro Omaha market.
SL Green Sells 49% Stake in 346 Madison Avenue to Mori Building Co.SL Green Realty has sold a 49 percent stake in 346 Madison Avenue to Japanese developer Mori Building Company at a gross valuation for the office tower of $175 million, SL Green announced Wednesday.
SL Green Sells 49% Stake in East Midtown DevelopmentSL Green Realty Corp. has closed on the sale of a 49.0% joint venture interest in the development of 346 Madison Avenue to Mori Building Co., Ltd., Japan’s leading urban landscape developer, at a gross valuation of $175.0 million.
DigitalBridge Group to Acquire ArcLight Capital for $1BDigitalBridge Group, Inc, a global alternative asset manager dedicated to digital infrastructure, has entered into a definitive agreement to acquire ArcLight Capital Partners, LLC, one of North America’s leading specialist investors in power and electric infrastructure, for a…
Keystone Group Acquires Sheraton Indianapolis City CentreKeystone Group has acquired the 378-room Sheraton Indianapolis City Centre Hotel located in downtown Indianapolis’ Monument Circle at 31 W. Ohio Street. The company plans to transform the property into the Renaissance Indianapolis.
The Missner Group Acquires Industrial Portfolio in IndianaThe Missner Group, in conjunction with financial partner Wylie Capital, has acquired three industrial properties totaling more than 840,000 square feet across Northwest Indiana and the Indianapolis market.
TA Realty Buys Back Miami Warehouse Campus for $48MTA Realty bought back an industrial park near Miami International Airport, paying $47.6 million, property records show.
Representative imageBain Capital, 11North Partners Acquire Five Shopping Centers for $300MBain Capital, a multi-asset alternative investment firm, and 11North Partners, a New York-based real estate investment company, have come together to acquire five open-air malls across four states for a total of $300 million, the companies announced Wednesday.
DFW Land Acquires 120K-SF Dallas Office PropertyNorthwood Investors sold 8020 Park Lane, a 120,923-square-foot Class A office property located within The Shops at Park Lane mixed-use district in Dallas, Texas, to buyer DFW Land. The transaction follows DFW Land’s prior acquisition of 8070 & 8080 Park Lane.
Representative imageRealSource Arranges $5.4M Sale of Single-Tenant Retail Building in Kemah, TexasKEMAH, TEXAS — California-based brokerage firm RealSource Group has arranged the $5.4 million sale of a single-tenant retail building in Kemah, located southeast of Houston, that is net leased to Mister Car Wash (NASDAQ: MCW).
Representative imageCanTex Capital Buys Four Industrial Outdoor Storage Facilities Totaling 47,465 SF in DallasDALLAS — Local investment firm CanTex Capital has acquired four industrial outdoor storage (IOS) facilities totaling 47,465 square feet in the Brookhollow neighborhood of Dallas.
Tampa Developer Razing Offices, Building Condos/Hotel RoomsStock Development began demolition of the office building at 601 N. Ashley Drive to build a 40-50-story, luxury condominium tower that will also include hotel rooms. The Tampa Bay Business Journal reports the company paid $40 million for the property in 2025.
Bain Capital, 11North Acquire Five Open-Air Centers in CA, FL, TX and VABain Capital and 11North Partners said Wednesday they had acquired five open-air retail centers located across California, Virginia, Florida, and Texas for approximately $300 million.
Representative imageCBRE Negotiates $6.9M Sale of Industrial Building in Wilmington, DelawareWILMINGTON, DEL. — CBRE has negotiated the $6.9 million sale of a 100,000-square-foot industrial building in Wilmington. The facility was built on a 5.9-acre site at 701 Garasches Lane between 1994 and 2002.
Representative imageCenterSquare Buys 32,242 SF Shopping Center in Warrington, PennsylvaniaWARRINGTON, PA. — CenterSquare Investment Management has purchased a 32,242-square-foot, unanchored shopping center in Warrington, located north of Philadelphia.