Real Capital Solutions Targeting Oil-Region Hotels

Real Capital Solutions, headquartered in Louisville, CO, plans to spend a $200 million investment fund on hotels. Not just any hotels, however. The plan is to find, and buy, hotels in the Permian Basin of West Texas, as well as those in other oil-driven regions such as Houston, Oklahoma City, Tulsa, OK and Lafayette, LA.

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Amazon-Leased Warehouse Acquired in South Florida

Dalfen Industrial acquired Golden Glades Fulfillment Center, located at 15600 NW 15th Ave., in Miami Gardens, FL for a reported $24 million from Bristol Group Inc. The 201,491-square-foot multi-tenant industrial building is located on roughly 10.23 acres in the North Central Miami-Dade submarket in the heart of South Florida. The 100%-occupied asset’s major tenants include

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$717M Geismar Plant Breaks Ground

Shell Chemical LP has launched construction on its $717 million linear alpha olefins manufacturing plant in Geismar, LA. Upon its completion in early 2018, the factory will be the largest single-site producer of alpha olefins in the world. Linear alpha olefins are used in several products such as synthetic motor oil, packaging plastics lubricants and

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Industrial Portfolio in Greensboro Trades for $49M

HFF arranged the $49.3 million sale of a three-building industrial portfolio in Greensboro. The 670,536-square-foot portfolio is located within McConnell Center, a master-planned industrial park encompassing more than one million square feet of space. The properties traded include 4751, 4755 and 4754 McConnell Center Drive. Current tenants include General Dynamics, Performance Food Group, Wayfair and

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Next Phase of Logistics Park Underway in Atlanta

CT Realty and its affiliates launched development on two large-scale distribution buildings totaling 1,747,074 square feet at Palmetto Logistics Park, a 358-acre distribution facility in greater Atlanta. The development follows the completion of the first phase in late 2018, a more than one-million-square-foot building medical device manufacturer Drive DeVilbiss Healthcare claimed shortly after completion. CT’s

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Jay Buckley Joins Anchor Health in Nashville

Anchor Health Properties expanded its leadership team in Nashville. Healthcare and commercial real estate veteran Jay Buckley joined the firm as Vice President, Asset Management. Buckley is responsible for regional asset management of key Anchor-managed portfolio investments in the Eastern United States, as well as supporting underwriting and due diligence efforts on new firm medical

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OXCO Inks Deal for 200K-SF Facility

Materials manufacturer and supplier OXCO Inc. has signed a deal with Lakemont Property Investors LLC (MPV Properties) to relocate its operations to a new, 150,000-250,000-square-foot facility on 21 acres in the Lakemont Business Park in York County, South Carolina. OXCO is working on plans to develop its new facility, once access to the site is

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Supportive Housing Development Launched in Florida

Miami-based Carrfour Supportive Housing broke ground on The Dr. Alice Moore Apartments in West Palm Beach. The $17.5 million project is being developed in partnership with Jerome Golden Center for Behavioral Health. The mid-rise, four-story project consists of 36 supportive housing units for residents impacted by mental illness and residential instability. It is located at

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