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Transactions - MAY 22, 2015

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transaction was a hotel in Austin.

The 291-room Four Seasons was sold by Prudential Real Estate Investors, Syndicated Equities and Lodging Capital Partners to Strategic Hotels & Resorts for $197 million. The 291-room hotel is located on approximately 2.3 acres overlooking Lady Bird Lake in Austin CBD. The hotel features 28 suites, 18,000 square feet of indoor meeting space, two food and beverage outlets, and a 5,500-square-foot spa.

 

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