GCP raises $2.3bn for North American logistics real estate fund
Los Angeles-based GLP Capital Partners (GCP) has raised $2.3 billion for its North American logistics real estate fund, GLP Capital Partners IV, exceeding its...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Foreign investment in US residential real estate falls to lowest since 2011
International buyers purchased 107,000 U.S. residential properties totaling $54.4 billion from April 2020 through March 2021, a 31% and 27% decrease, respectively, from the...
CBRE Global Investors buys logistics property in Maryland
CBRE Global Investors, through one of its sponsored funds, has acquired an 889,608-square-foot bulk logistics property in Aberdeen, Maryland. Fund now owns 2.24 million...
KKR makes first investment in self-storage sector
KKR has acquired three self-storage properties through separate transactions with two different sellers for $36 million. KKR said the purchases represent KKR real estate’s first...
Slate Asset Management closes inaugural debt investment fund
Slate Asset Management has announced the final close of Slate Real Estate Capital I (SREC I), its inaugural debt focused investment vehicle. Slate said SREC...
Prime US REIT buys office complex in San Diego, California for $146m
Singapore-listed Prime US REIT has acquired Sorrento Towers, a 296,327 square-foot Class A office complex in the heart of Sorrento Mesa, San Diego, California...
35-story office tower tops out in Austin
Trammell Crow Company (TCC) and MSD Capital L.P. have topped out 601 W. 2nd Street (formerly known as Block 185), a 35-story office development...
SL Green sells stake in New York City office tower for $790m
SL Green Realty, Manhattan’s largest office landlord, has sold a 49% interest in 220 East 42nd Street, also known as the Daily News Building,...
Transwestern sells 2.9 msf industrial portfolio
Transwestern Investment Group (TIG) has sold a 10-building, 2.9 million-square-foot industrial portfolio on behalf of its discretionary investment fund, TSP Value and Income Fund...
