Sunday, July 21, 2019

North America

North America commercial real estate office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

Realm Group buys 1.5-acre site in Downtown Los Angeles

Realm Group buys 1.5-acre site in Downtown Los Angeles

A joint venture between Realm Real Estate and The Bascom Group, Realm Group has acquired a 1.5-acre site to build a 36-story, 422-unit...
Investcorp invests in U.S. multifamily properties

Investcorp acquires 11 U.S. multifamily properties for $370m

Investcorp has acquired 11 new U.S. multifamily properties for $370 million. The portfolio is composed of 2,615 units. The acquisition marks Investcorp’s...
HBC to sell remaining stake in German real estate and divest related retail JV for $1.5bn

HBC to sell stake in German real estate and divest related retail JV for...

HBC, a Canadian retail business group, has entered into definitive agreements to sell the company’s remaining stake in its German real estate joint venture,...
Blackstone to acquire US logistics assets from GLP for $18.7bn

Blackstone to acquire US logistics assets from GLP for $18.7bn

Blackstone Group LP has signed an agreement with Singapore-based GLP, a global investment manager specializing in logistics and related technology investments, to...
Zynga sells its San Francisco HQ building for $600m

Zynga sells its San Francisco HQ building for $600m

The social and mobile games developer Zynga has signed a sale and leaseback agreement with Beacon Capital Partners, an American private real...
Hudson Pacific Properties to build office tower in Seattle

Hudson Pacific Properties to build office tower in Seattle

Hudson Pacific Properties has purchased the condominium rights for $86 million to build a 16-story office tower adjacent to the Washington State...
Global commercial property price growth continues to slow in Q1

Global commercial property price growth continues to slow in Q1

Global commercial property prices increased by 6.2% year-on-year in the first quarter, adjusting down from the double-digit annual growth rates seen as...
KBS sells Class A office property in Florida

KBS sells Class A office property in Florida

KBS, one of the largest owners of commercial real estate and an SEC-registered investment adviser, has sold Emerald View at Vista Center,...
U.S. commercial real estate prices rise 6.7% y-o-y in April

U.S. commercial real estate prices rise 6.7% y-o-y in April

U.S. commercial real estate prices rose by 6.7% year-on-year in April, led by industrial property prices, according to the latest Real Capital Analytics...
Google buys The Milk Building from Jamestown in Chelsea

Google buys The Milk Building from Jamestown in Chelsea

Jamestown finalized the sale of The Milk Building, located at 450 W. 14th Street, to Google earlier today. The building is an...

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