JV breaks ground on 1.1 msf logistics facility in Riverside County, California
A joint venture between The Newport Beach Business Unit of Trammell Crow Company (TCC) and Clarion Partners LLC. has started construction on Knox Logistics...
JLL Income Property Trust secures $650m credit facility
JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders.
The credit facility contains a $415 million revolving line...
WeWork, Softbank fund form JV in Latin America
WeWork said Wednesday it has formed a joint venture with SoftBank Latin America Fund to grow its business in Latin America.
The joint venture agreement...
KKR adds industrial assets to Phoenix portfolio
KKR has purchased a three building industrial portfolio located in highly infill locations in Phoenix, Arizona from a joint venture between PCCP, LLC and Hopewell Development LP.
All three...
KBS sells Class A office complex in New Jersey for $88m
KBS has sold Woodbridge Corporate Plaza, a six-building Class A office complex in Iselin, New Jersey to Ramapo, New York based Northeast Capital Group...
PG&E to sell San Francisco headquarters complex for $800m
PG&E Corporation and Pacific Gas and Electric Company (PG&E) has agreed to sell its San Francisco headquarters complex, which includes 77 Beale Street and...
Dalfen Industrial makes second acquisition in Fort Worth
Dalfen Industrial has purchased a 100% occupied, 98,666 square feet property, West Tarrant Distribution Center, in West Fort Worth.
Dalfen Industrial said this is the second...
Hines Global acquires 396,000 sq ft office building in Washington, D.C
Hines Global Income Trust, Inc. (Hines Global) has bought 1015 Half Street, a 396,000-square-foot trophy office building in Washington, D.C.
Hines Global said 1015 Half...
Ares to acquire Black Creek Group
Ares Management Corporation (Ares) has agreed to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (Black Creek), a...
Mapletree Industrial Trust to buy $1.3bn US data centre portfolio
Singapore-listed real estate investment trust (REIT) Mapletree Industrial Trust (MIT) said Thursday it has entered into a purchase and sale agreement to acquire 29...
Bank of America, NACA expand mortgage program to $15bn
Bank of America and the Neighborhood Assistance Corporation of America (NACA) have expanded their national affordable homeownership mortgage program for low-to-moderate income homebuyers.
The partnership...
SL Green sells office property in Midtown South for $325m
SL Green Realty Corp. has sold 635-641 Sixth Avenue, an office property in Midtown South, for $325 million.
The property is comprised of two adjoined buildings totaling...
