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Landmark buys 42 assets; Columbia Property overhauls Washington, DC, building

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Landmark buys 42 assets; Columbia Property overhauls Washington, DC, building

This feature rounds up recent commercial property news and highlights larger deal coverage already published.

* Landmark Infrastructure Partners LP snapped up 42 tenant sites spread across 19 states for $26.3 million from its sponsor, Landmark Dividend LLC. The company intends to fund the transaction with borrowings under its revolving credit facility.

* Columbia Property Trust Inc. completed a $3 million overhaul of the 285,000-square-foot 80 M St. in Washington, D.C., Commercial Property Executive reported. The seven-story asset is 94% leased.

* Boston Properties Inc. is planning a mixed-use development spanning 3.94 million square feet on 28 acres in Northern Virginia, Reston Now reported.

The planned property would include up to 1.69 million square feet of residential space, 1.67 million square feet of office space, 509,000 square feet of hotel space and 185,400 square feet of retail and restaurant space.

* Toys R Us has signed a lease for 23,500 square feet at Cedar Realty Trust Inc.'s Colonial Commons shopping center in Paxton Township in Pennsylvania.

Additional coverage

La. pension fund looking to invest in real estate: The Teachers' Retirement System of Louisiana is looking to invest an estimated $360 million in real estate investment trusts, IPE Real Estate reported.

Report: Deka Immobilien's NYC office building up for grabs for $200M: The sale of the 16-story office building, at 19 West 44th Street, Midtown, is being brokered by Colliers International, The Real Deal reported, citing Real Estate Alert as its source.

Report: Douglas Emmett JV drops $188M on another Blackstone office asset: The joint venture is now believed to be targeting Blackstone's property in Santa Monica, Calif., The Real Deal reported, citing unnamed sources.

Blackstone's Fla. hotel hits market, could trade for $175M: The hotel contains 589 rooms and features a 33-slip marina, The Real Deal reported.

FelCor Lodging to sell NYC hotel for $41M: The deal is expected to close in July, The Real Deal reported, citing the buyers.