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CORDOVA, TN-A private equity real estate firm based in Canada has bought Trinity Ridge Business Center, an eight-building industrial flex portfolio located at 7730-7866 Trinity Road in Cordova, out of foreclosure.
ITASCA, IL-Boston-based Long Wharf Real Estate Partners LLC is purchasing a 16-story office building at 1 Pierce Place and a 14-story office structure at 500 Park Blvd. in Itasca's Hamilton Lakes office park for approximately $74 million.
AUSTIN, TX-The Capital Markets team at Jones Lang LaSalle Inc. in Houston has arranged a $35-million construction financing for RiverView Apartments in Austin.
ATLANTA-An investment group that includes Clearview Hotel Capital and a real property fund controlled by Oaktree Capital Management LP, has grabbed the Renaissance Concourse Atlanta Airport Hotel situated at One Hartsfield Centre Parkway.
BIELEFELD, GERMANY-The ECE European Prime Shopping Center Fund has purchased the City-Passage shopping center in Bielefeld, Germany, from RWI 40 and RWI 43, two funds owned by WestLB.
WASHINGTON, DC-Thompson Hine LLP, a District-based law firm, is moving from nearly 26,000 square feet of space at 1920 N St. NW to a larger block on M Street NW.