VEREIT, Ocean West acquire industrial property in Dallas for $247m
VEREIT, Inc. and Ocean West have acquired a 2.3 million square foot, twenty-year leased distribution and warehouse facility in Dallas, Texas for $246.7 million....
Greystar closes $600 million Greystar Credit Partners II
Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality purpose-built rental housing properties, today announced the...
Simon Property, Amazon discuss turning Sears, J.C. Penney stores into fulfillment centers
Simon Property Group, the largest shopping center owner in the U.S. and an S&P 100 company, has been in talks with Amazon.com Inc., about...
CRE executives optimistic about future market conditions, survey finds
U.S commercial real estate (CRE) executives recognize the various challenges in the current market as a result of the COVID-19 pandemic, while remaining optimistic...
NexPoint to acquire self-storage REIT for $900m
Jernigan Capital(JCAP), a New York Stock Exchange-listed real estate investment trust (REIT), an owner of self-storage facilities, has entered into a definitive merger agreement...
Angelique Brunner joins Cushman & Wakefield Board of Directors
The Board of Directors of Cushman & Wakefield (NYSE: CWK) today announced the recent appointment of Angelique Brunner as an independent member of the...
ICSC supports timely commercial real estate bankruptcy legislation introduced by Sen. Thom Tillis (R-NC)
Today, Sen. Thom Tillis (R-NC) introduced legislation that would make meaningful temporary changes to bankruptcy laws, related to commercial real estate, allowing for...
NAIOP Survey: U.S commercial real estate continues to recover
NAIOP, the Commercial Real Estate Development Association, has revealed its fourth monthly survey results that measures the impact of the COVID-19 crisis on the...
Kayne Anderson acquires healthcare portfolio from Welltower
Kayne Anderson Real Estate (KA Real Estate), the real estate private equity arm of Kayne Anderson Capital Advisors, L.P, has completed the acquisition of a large...
Amazon to launch fulfillment center in Tampa Bay Area
Amazon.com, Inc. plans to launch a new, state-of-the-art Amazon fulfillment center in Temple Terrace, Florida.
The new fulfillment center, which is anticipated to launch in 2021, will...
7‑Eleven to acquire convenience store chain for $21bn
7‑Eleven, Inc. (7‑Eleven), the largest chain in North America convenience-retailing industry, has entered into an agreement to acquire Speedway, a convenience store chain, from Marathon...
Facebook leases 730,000 square feet at Vornado’s Farley Building in New York City
Vornado Realty Trust, a fully-integrated equity real estate investment trust, announced Facebook has leased 730,000 square feet comprising all of the office space at...
