Hudson Pacific, CPP Investments to acquire office tower in Seattle for $625m
A joint venture between Hudson Pacific Properties, Inc. (Hudson Pacific) and Canada Pension Plan Investment Board (CPP Investments) has signed an agreement to acquire...
MRP Capital Group pays $117m for Walmart-anchored portfolio
MRP Capital Group's non-listed REIT, MRP Flyover Real Estate Investment Trust, has acquired a portfolio of 27 Walmart-anchored shopping centers for $117 million.
The...
The 10 most popular CRE Herald news stories in November
Here are the 10 most popular CRE Herald global commercial real estate (CRE) market news stories for the month.
Carlyle acquires UK senior housing developer Beechcroft
Global...
Morgan Properties buys two portfolios for $780.5m
Morgan Properties has purchased two portfolios totaling 18 apartment communities and 4,724 units in four states: Georgia, Florida, North Carolina, and South Carolina.
The company...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
IQHQ announces $1.7bn equity raise
Life science real estate development company IQHQ, Inc. announced that it has completed a second $1.7 billion equity raise from new and existing strategic...
GCP raises $2.3bn for North American logistics real estate fund
Los Angeles-based GLP Capital Partners (GCP) has raised $2.3 billion for its North American logistics real estate fund, GLP Capital Partners IV, exceeding its...
Franklin Templeton to acquire Legg Mason for $4.5bn
Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton, has agreed to acquire Legg Mason, Inc. for $4.5 billion or $50.00...
U.S. commercial property prices increase in October
U.S. commercial property prices increased by 7.5 percent year-over-year in October, according to the latest Real Capital Analytics CPPI (Commercial Property Price Indices) summary report. The...
Facebook signs lease for office space in New York City’s Hudson Yards
Facebook has signed a lease for more than 1.5 million square feet of office space across 30 floors and three buildings in New York...
FIBRA Prologis buys logistics roperty in Mexico City
FIBRA Prologis, an owner and operator of Class-A industrial real estate in Mexico, has acquired a 41,779 square feet of infill, logistics space in...
Blackstone raises $25bn for private equity secondary funds
Blackstone has announced the final close of its latest global secondaries strategy, Strategic Partners IX (SP IX), and inaugural GP-led continuation fund strategy, Strategic...
