Griffin Capital Essential Asset REIT sells office building in Simi Valley, California
Company Collects 99% of Contractual Rent During Period Most Impacted by COVID-19
Griffin Capital Essential Asset REIT, Inc. (the “Company”) announced both the sale of...
Colony Capital forms $3.5bn strategic partnership with Vantage Data Centers
Vantage Data Centers, a global provider of hyperscale data center campuses, and an investor group led by Colony Capital, Inc. have entered into a...
LPC West and Cerberus acquire nearly 30-acre site in Oceanside; plans call for development...
LPC West, the West Coast arm of national real estate firm Lincoln Property Company, together with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”),...
CIM Group tops out construction of Class A office building in Boston
A partnership between CIM Group and Nordblom Company has topped out the construction of a 235,000-square-foot Class A office building at 321 Harrison Avenue...
Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan
Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in Manhattan.
The statement...
Commercial/multifamily mortgage debt in U.S rises to $3.72 trillion
The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion (1.7 percent) in the first quarter of 2020, according to the Mortgage Bankers...
Taubman Centers opens all properties in U.S. and Asia
Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said most U.S....
NRF chief economist says pandemic recession could already be easing but ‘no one has...
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said...
Colony Capital completes additional steps in ongoing digital transformation and strategic plan
Marc Ganzi Becomes President and Chief Executive Officer of Colony Capital; Jacky Wu Assumes Role of Chief Financial Officer
Founder Tom Barrack Remains as Executive...
KKR buys industrial properties for $260m
Global investment firm KKR has acquired two industrial distribution properties, totaling approximately 2.5 million square feet, in major markets of Chicago and Charlotte for $260 million.
''The...
Piedmont completes sale of 45-story office tower in Philadelphia
Piedmont Office Realty Trust, Inc. (Piedmont) has completed the sale of 1901 Market Street, a 45-storey Class-A office tower in Philadelphia for approximately $360 million, or $450 per...
SL Green announces sale of 400 East 58th Street for $62 million
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, together with its joint venture partner, today announced that it has entered into a...
