Tuesday, October 15, 2019
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North America commercial real estate office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

U.S. multifamily rents declines in September

U.S multifamily rent growth slows but still strong

Even though U.S. multifamily rents declined in September 2019, the market "remains the picture of stability" amid turbulence in the larger financial world,...
LinkedIn signs expansion lease at Empire State Building

LinkedIn signs expansion lease at Empire State Building

LinkedIn has signed its eighth expansion lease at the Empire State Building, adding three and a half floors and 188,653 square feet...
Nuveen Real Estate buys $3bn logistics portfolio from Blackstone

Nuveen Real Estate buys $3bn logistics portfolio from Blackstone

Nuveen Real Estate has acquired a portfolio of more than 100 logistics properties across 12 markets in the U.S from Blackstone Group...
Greystar buys 400-unit multifamily property in Atlanta

Greystar buys 400-unit multifamily property in Atlanta

Greystar Real Estate Partners has acquired The Columns at Akers Mill, a 400-unit, garden-style multifamily community situated in the popular Atlanta suburb...
America's richest real estate barons

America’s richest real estate barons

Irvine Company Chairman Donald Bren is the richest real estate baron in America, with an estimated net worth of $17 billion, nearly six times President...
Boston Properties, CPPIB JV to develop Class A office campus in San Jose

Boston Properties, CPPIB JV to develop Class A office campus in San Jose

Boston Properties, Inc. and Canada Pension Plan Investment Board (CPPIB) have formed a joint venture to develop Platform 16, a 1.1 million square foot...
Multifamily properties in North Carolina sold for $109M

Multifamily properties in North Carolina sold for $109M

Investcorp has sold a portfolio of multifamily properties located in Raleigh, North Carolina to TruAmerica Multifamily for $109 million. Investcorp purchased the...
Blackstone to acquire industrial real estate assets for $5.9bn

Blackstone to acquire industrial real estate assets for $5.9bn

Colony Capital, Inc. and Blackstone Real Estate Partners IX, an affiliate of Blackstone, have entered into definitive agreements for Blackstone to acquire...
WeWork postpones IPO

WeWork postpones IPO

WeWork’s parent organization The We Company announced that it will withdraw its S-1 filing for its IPO. WeWork postponed its plan to...
Blackstone to acquire US logistics assets from GLP for $18.7bn

Blackstone completes $18.7bn acquisition

Blackstone has closed on its previously announced acquisition of U.S. logistics assets from three of GLP’s U.S. funds for a purchase price...

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