Knight Frank UK Commercial Real Estate’s Post

Distressed transactions are materializing in the Dallas-Fort Worth office market, with examples like Uptown Tower highlighting challenges faced by owners. Houston-based Whitestone REIT's bankruptcy filing and the marketing of distressed assets underscore the complexities of the current market environment. Stay tuned for insights into distressed investment opportunities in DFW! #DistressedTransactions #DFWOfficeMarket

Melior Equity Partners is plotting an “ambitious expansion” after taking a majority stake in Blair's Holiday Parks, with plans to double the size of the business in the next five years. https://lnkd.in/eE7Z7aaP

Blackstone has once again offloaded an industrial property in South Florida, selling a four-building complex for $160 million to TA Realty. Called Ironwood Commerce Center, the 509,522-square-foot campus at 12700 NW 42nd Avenue in Opa-locka is 65 percent leased to six tenants.⁠ ⁠ Read more: https://lnkd.in/e7pJzwaM ⁠ Pictured: Stephen A. Schwarzman, Chairman & CEO of Blackstone⁠

Distressed transactions are materializing in the Dallas-Fort Worth office market, with examples like Uptown Tower highlighting challenges faced by owners. Houston-based Whitestone REIT's bankruptcy filing and the marketing of distressed assets underscore the complexities of the current market environment. Stay tuned for insights into distressed investment opportunities in DFW! #DistressedTransactions #DFWOfficeMarket

Fairstone eyeing growth after £4.1 billion boost “Our mission is to become the most trusted wealth advisory firm in the UK and Ireland.” National wealth manager Fairstone Group Ltd says it is primed for further expansion and in “advanced discussions” with financial operators to bolster its UK-wide network. The Sunderland-headquartered company has secured its 87th partner firm through its downstream buy-out programme, having now welcomed 29 partnership firms across the UK and Ireland over the last 24 months, adding £4.1 billion of assets under management and 177 advisers to the group. Find out more from chief executive Lee Hartley, here: https://lnkd.in/eyYF6pCk #bdaily #northeast #finance #businessgrowth

Hyde Park Capital is pleased to announce that its client, Harney Hardware (“Harney”), a provider of branded door and bathroom hardware, has been acquired by PrimeSource Brands (“PrimeSource”), a leader in specialty building products serving the repair, remodel and new housing segments. PrimeSource is a portfolio company of Clearlake Capital Group, L.P. (“Clearlake”). Preston Copenhaver, President and Owner of Harney Hardware, commented: “The Hyde Park Team’s expertise, persistence, and dedication demonstrated throughout the process were critical to achieving this successful outcome. I’m very grateful to have had Hyde Park as my trusted advisor throughout this process.” Hyde Park Capital served as the exclusive investment banker to Harney for this transaction. BakerHostetler served as legal counsel to Harney. Here is the link to the full press release: https://lnkd.in/e3sAxr6Z If you have any questions about the transaction, please reach out and we will connect you with the Hyde Park Capital #Industrials deal team, Matthew Gladdish, Luke Horanski and Stanley Dorion. #HydeParkCapital #InvestmentBank #InvestmentBanking #MergersandAquisitions #Hardware #DealClosure #MAClosure #MA

Ric Lewis, co-founder of Tristan Capital Partners, will become the next chair of The Crown Estate, which oversees a £16 (US$20) billion portfolio spanning marine, urban, and rural assets across England, Wales, and Northern Ireland. Read more here: https://bit.ly/4iPTicu

Patterson Real Estate Advisory Group is proud to announce the completion of our 500th transaction, assisting Albany Road Real Estate Partners in securing financing from Ameris Bank for the acquisition of Capital Circle Commerce Park. This six-building, 181,100 SF industrial park, located in Tallahassee, Florida, is 99% leased to a diverse mix of tenants, including several national companies and is positioned in one of the tightest industrial submarkets in the state. "We are thrilled to continue our relationship with Ameris Bank by securing financing for this industrial project," said Scott Cloud, Managing Partner at Albany Road Real Estate Partners. "Capital Circle Commerce Park represents a strategic opportunity to expand Albany Road’s presence in the thriving Central Florida region. This region’s continued growth and demand for industrial space make it an ideal location for this investment, and we are eager to contribute to its long-term success." Press Release: https://lnkd.in/ekqrBZf8 #commercialrealestate #cre #industrial #industrialrealestate

Jefferson Apartment Group and its equity partner CP Capital US have completed the first building of J Veridian at Upper Dublin, an apartment development in suburban Philadelphia: https://lnkd.in/eURKjyVY

The John Hopkins Wilmer Eye Institute has signed a lease with Time Equities for 15,000 square feet of space at the Water’s Edge Corporate Campus with plans to relocate its existing location in the Bel Air section of Harford County to 4692 Millennium Drive in Belcamp by summer 2025. Joe Bradley, SIOR and Tom Mottley represented the landlord and Cushman & Wakefield represented the tenant in this transaction. Read more ➡️ https://lnkd.in/eDnGvTU7