Global commercial real estate prices continue to fall in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024, as deal activity remained sluggish across most major global cities,...
Paramount to sell 1899 Pennsylvania Avenue for $115m
Paramount Group, Inc. (NYSE: PGRE) has entered into an agreement to sell 1899 Pennsylvania Avenue, a 191,000 square foot office building located in Washington,...
Berkshire Residential closes $1.85bn multifamily debt fund
Berkshire Residential Investments has closed Berkshire Multifamily Debt Fund III with $1.85 billion in equity commitments.
The fund will primarily consist of Freddie Mac’s Multifamily...
CBL Properties files for voluntary Chaper 11 bankruptcy protection
CBL Properties said on Monday that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the Operating Partnership), and certain other related entities...
Mirabaud buys office campus in New Jersey for $150m
Mirabaud Asset Management has acquired an office campus occupied by an investment grade tenant in Warren, New Jersey for $150.25 million from Philadelphia-based Rubenstein...
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...
Colliers to buy 65% stake in US real estate investment firm Rockwood
Colliers has agreed to invest in Rockwood Capital, a US real estate investment management firm with more than $12 billion of assets under management....
Blackstone, Starwood Capital to acquire Extended Stay for $6bn
Blackstone Real Estate Partners and Starwood Capital Group have agreed to acquire Extended Stay America, Inc., headquartered in Charlotte, North Carolina, the largest integrated...
Kilroy Realty to sell San Francisco office property for $1.1bn
Kilroy Realty Corp. said Monday it has agreed to sell The Exchange on 16th, its 750,000 square-foot office property located at 1800 Owens Street...
Google plans to invest $7bn in US offices, data centers this year
Google plans to invest over $7 billion in offices and data centers across the U.S. and create at least 10,000 new full-time Google jobs...
SL Green, National Pension Service of Korea and Hines form joint venture partnership at...
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that it has sold a 49.5% interest in One Madison Avenue to the...
Skanska sells majority interest in Seattle office tower for $669m
Nordic development and construction company Skanska has sold a 95 percent interest in the 2+U, an office tower in Seattle, Washington, USA, for $669...
