CapRock closes industrial real estate development fund at $700m
CapRock Partners has announced the final closing of CapRock Logistics Venture at nearly $700 million, exceeding its initial target of $450 million.
CapRock said the...
CPP Investments, Greystar form $840m US single-family rental JV
Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC have formed a new joint venture to develop and acquire purpose-built...
City Office REIT buys property in downtown Phoenix for $150m
City Office REIT has acquired Block 23, a premier office building in downtown Phoenix, Arizona, for $150 million.
The 307,000 square foot property is an...
JLL Income Property Trust buys four-building industrial portfolio for $95m
JLL Income Property Trust has acquired Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet, for $95 million.
The...
Oxford buys two North Carolina life science properties for $158.6m
Oxford Properties Group has purchased two adjacent North Carolina life science properties, Research Commons and 78 TW Alexander Drive, for a total of US$158.6...
Bridge, Townsend form global gateway institutional logistics venture
Bridge Investment Group and The Townsend Group have signed a definitive agreement forming a joint venture with options to deploy as much as $400...
City Office REIT closes $576m sale of life science portfolio
City Office REIT has closed the sale of its holdings in the Sorrento Mesa submarket of San Diego for $576 million.
City Office said...
Blackstone REIT secures $690m financing for industrial portfolio
Blackstone Real Estate Income Trust (BREIT) has secured a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85...
SL Green sells 25 percent interest in One Madison Avenue
SL Green Realty has sold a 25 percent interest in One Madison Avenue to an international investor.
The buyer has committed aggregate equity to...
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...
Apollo to buy Griffin Capital’s US wealth distribution, asset management units
Global alternative asset manager Apollo has agreed to acquire the US wealth distribution and asset management businesses of Griffin Capital.
Apollo said the acquisition is...
Investcorp to expand US industrial footprint with new venture
Investcorp has established a new venture with two sovereign wealth funds to acquire industrial real estate assets in the United States.
Investcorp said this...
