W.P. Carey invests $170m in four US net leased properties
W. P. Carey Inc. has invested $170 million in four net leased properties, approximately 1.1 million square feet, in the United States.
The investments comprise...
7‑Eleven completes acquisition of convenience store chain Speedway
7‑Eleven has completed the acquisition of Speedway, a convenience store chain, from Marathon Petroleum Corp. for $21 billion.
Speedway’s portfolio includes approximately 3,800 stores located...
QuadReal promotes Jameson Weber to Managing Director, Americas
QuadReal Property Group, a global real estate company headquartered in Vancouver, British Columbia, has appointed Jameson Weber as Managing Director, International Real Estate, Americas.
Jameson...
JLL Income Property Trust buys Boston apartment community for $72.5m
JLL Income Property Trust has purchased Princeton North Andover, a 192-unit apartment community in the affluent north-Boston suburb of North Andover, Massachusetts, for $72.5...
KBS sells Class A office campus in Weston, Florida
KBS has sold Weston Corporate Center, a two-building, 149,103 square-foot Class A office campus in Weston, Florida to an affiliate of Banyan Street Capital for $52.25...
Tricon forms $1.5bn JV to expand single-family rental portfolio
Tricon Residential Inc. has formed a new joint venture with Pacific Life Insurance Company and a global investor to acquire newly built single-family rental homes targeting the...
Vornado completes $1.2bn refinancing of 555 California Street
Vornado Realty Trust said on Monday it has completed a $1.2 billion refinancing of 555 California Street, a three building 1.8 million square foot trophy...
Park Hotels & Resorts to sell two assets for $149m
Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key.
The assets consist...
NAR: Economic experts predict bright path for commercial real estate in 2021
The U.S. economy experienced one of the swiftest declines in history last year, followed by a quick and relatively significant recovery in the second...
Dalfen Industrial buys 149 acres of land in Pennsylvania for new development
Dalfen Industrial has acquired 149 acres of land in Bethel, Pennsylvania.
Dalfen plans to develop three industrial buildings totaling 1,177,400 square feet on this land...
Elion Partners buys four last-mile logistics assets for $216m
Private equity real estate investment firm Elion Partners (Elion) has purchased four last-mile logistics assets, totaling 864,000 square feet, in the Seattle, San Francisco,...
JBG Smith, J.P.Morgan form JV for mixed-use development in National Landing
JBG Smith and J.P. Morgan Global Alternatives have formed a joint venture to develop, manage, and own approximately 2.0 million square feet of new...
