KBS sells office buildings in San Jose, California for $95m
Private equity real estate company KBS has sold two additional buildings at District 237, a Class A office/R&D complex in San Jose, California.
The buildings...
Hudson Pacific Properties and Blackstone announce new joint venture to expand studio platform
Blackstone to purchase a 49% stake in Hudson Pacific’s Hollywood Media Portfolio, a 2.2 million-square-foot collection of studio facilities and Class A office buildings...
Boston Properties reports June office tenant collections of 98% and completes $300 million of...
Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded owner, developer and manager of Class A office properties in the United States, provided an update on...
Eldorado Resorts announces FTC clearance for pending merger with Caesars
Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed...
Goodman Group completes logistics facility in El Monte, California
Goodman Group announced that it has completed a 1.2 million-square-foot logistics facility in El Monte, California.
The new facility has from 227,850 to 935,657 square feet of...
Microsoft to close its retail stores
Microsoft Corp. announced on Friday it will close its Microsoft Store physical locations around the world.
Microsoft said its retail team members will continue to...
US commercial real estate price growth slows in May
US commercial real estate price growth has slowed in may due to the impacts of COVID-19 pandemic crisis. According to the latest Real Capital Analytics RCA CPPI (Commercial...
Walker & Dunlop acquires real estate advisory firm in New York City
Commercial real estate finance company Walker & Dunlop, Inc. has acquired Beler Advisory Group, an independent real estate advisory firm based in New York City....
Taubman Centers shareholders approve merger with Simon Property Group
Taubman Centers, Inc. (NYSE: TCO) (the “Company”) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced...
Blackstone appoints Google CFO Ruth Porat to its board
Blackstone said on Thursday that Ruth Porat, Chief Financial Officer of Alphabet Inc. and Google Inc., has joined its board of directors.
Commenting on the...
CoStar closes acquisition of Ten-X Commercial for $190m
CoStar Group has completed the previously announced acquisition of Ten-X Commercial for $190 million in cash.
“We are pleased that we were able to close...
Mapletree Industrial Trust to acquire 60% interest in US data centre portfolio
Mapletree Industrial Trust (MIT), a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange, has announced that its trustee DBS...
