Office Properties Income Trust buys two Class A properties for $550m
Office Properties Income Trust (OPI) has acquired two Class A office properties for $550 million.
Office Properties Income Trust acquired the approximately 531,190 square foot...
Campus Advantage, Stark break ground on new Florida student housing property
Campus Advantage and Stark Enterprises today held a groundbreaking ceremony in Gainesville, Florida on the site where the company will open Liv+ Gainesville —...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
JV sells medical real estate portfolio for $240m
The joint venture between The Sanders Trust, the healthcare real estate investment and development company and Harrison Street, has sold a portfolio of medical...
AREP sells Class-A office asset in Richmond
American Real Estate Partners (AREP) has sold Riverside on the James, a 263,752-square-foot Class-A office asset in Richmond, Virginia to Opal Holdings.
Located at...
JLL appoints Siddharth Taparia as global chief marketing officer
Jones Lang LaSalle Incorporated (JLL) has appointed Siddharth Taparia to the global role of chief marketing officer, Effective immediately.
Taparia will be responsible for the...
CenterSquare closes $50m co-investment with Esas for niche US industrial segment
Global investment manager CenterSquare Investment Management has closed a new $50 million co-investment vehicle with global investment and wealth management firm Esas, targeting Essential...
US property prices rise 15.9% year-over-year in October
U.S property prices rose 15.9% year-over-year in October, according to the latest Real Capital Analytics (RCA) CPPI (Commercial Property Price Indices) report.
The RCA CPPI National All-Property...
Walmart Canada to build new distribution centre in New Brunswick
Walmart Canada said Thursday that it is building its first distribution centre in Moncton, New Brunswick.
Walmart Canada will invest more than $56 million in the project. The...
Rexford Industrial acquires two Class A industrial properties for $339.2m
Rexford Industrial Realty, Inc. has acquired two Class A industrial properties, a four-building industrial complex and a three-tenant industrial property, in Southern California for $339.2 million.
The...
OpenAI to open first international office in London
OpenAI, the US-based artificial intelligence (AI) research company and the ChatGPT developer, has announced its first international expansion with a new office in London,...
Bloomberg signs expansion lease at SL Green’s 919 Third Avenue
Media giant Bloomberg has signed a 191,207 square foot expansion lease at 919 Third Avenue covering the entire 28th through 33rd floors.
This expansion increases Bloomberg’s...
