This feature rounds uprecent property news from covered companies and highlights larger deal coveragealready published.
* LTCProperties Inc. bought Village at Athens in Athens, Ga., for $14.3 million. Thenewly constructed 70-unit assisted living and memory care community receivedits certificate of occupancy in May and has been added to an existing masterlease with a Thrive Senior Living affiliate at an 8% incremental initial cashyield.
* CyrusOneInc. added 9 MW of power to its San Antonio II data center in San Antonio,Texas, in conjunction with the newly finished data hall. Upon completion of thesecond phase, the facility is expected to encompass as much as 372,000 squarefeet.
| CyrusOne's San Antonio II data center facility |
* Global investment management firm Winton CapitalManagement signed a 10-year, full-service lease for 34,844 square feet of spaceon the top two floors at ColumbiaProperty Trust Inc.'s 20-story building at 315 Park Ave. S. inManhattan, N.Y., bringing the class-A office building to 97% occupancy. Thelease commenced July 1.
* 2M Research Services inked a lease for 12,177 square feetat Hartman Short Term IncomeProperties XX's SkymarkTower in Arlington, Texas, bringing the property's total occupancyto 77%. The new lease will begin Sept. 1 and will remain in effect through Nov.30, 2021.
Additional coverage
Kimco sellsinterests in Canadian shopping centers for $474.4M in Q2: Alsoduring the quarter, the company completed the acquisition of an interest in twoHollywood, Fla., centers for $299.2 million.
CAPREIT toraise C$150.1M in bought-deal offering, details C$304.6M of acquisitions:The bought-deal offering comprises 4,660,000 units priced at C$32.20 per unit.
CNL Lifestylefocuses on ski properties as it evaluates strategic alternatives:The company continues to work with its financial adviser, Jefferies LLC, toevaluate strategic alternatives in order to provide liquidity to stockholders.
CNL GrowthProperties agrees to sell 2 properties: One is in Charlotte, N.C.,and the other in Katy, Texas.
ColumbiaProperty sells 40-acre property in Gaithersburg, Md.: ColumbiaProperty Trust will use the proceeds to trim borrowings on its revolving creditfacility.
AlexandriaReal Estate Equities prices common stock offering: The company willapply any net proceeds from the offering to fund the acquisition of One KendallSquare in East Cambridge, Mass.