Granite REIT buys 1 msf distribution facility in Atlanta for $69m
Canadian-based REIT Granite has acquired 3090 State Highway 42, a 1 million square foot warehouse distribution facility situated on 85.6 acres in the greater...
KKR buys The Exchange in San Francisco’s Mission Bay for $1bn
KKR said Wednesday it has acquired The Exchange on 16th, a 750,000-square-foot Class A office complex in San Francisco’s Mission Bay neighborhood, from Kilroy...
Ares agrees to acquire Landmark Partners for $1.08bn
Ares Management Corporation has agreed to acquire 100% of the equity interests in Landmark Partners LLC from global asset management company BrightSphere Investment Group...
KKR makes second industrial real estate acquisiton in Phoenix market
KKR has acquired a five building industrial real estate portfolio in Phoenix, Arizona totaling 540,000 square feet for $68 million.
The portfolio consists of five shallow bay, last...
Round Hill Capital acquires multifamily apartment community in Dallas
Round Hill Capital has acquired Cortland Allen Station, a multifamily apartment community located in Dallas, Texas, on behalf of its US Residential Income and...
Vornado completes $350m refinancing of 909 Third Avenue
Vornado Realty Trust, a fully-integrated equity real estate investment trust, has completed a $350 million refinancing of 909 Third Avenue, a 1.4 million square foot...
Mack-Cali sells four office buildings in NJ for $254m
Mack-Cali Realty Corporation has sold its Metropark office portfolio located in Edison and Iselin, NJ for $254 million to Opal Holdings.
The portfolio consists...
Savills North America names new president
Savills has named David Lipson as the new president of its North America region.
Lipson, who joined the company in 1989, will assume the role...
Cerberus raises $2.8bn for global opportunistic real estate fund
Cerberus Capital Management has raised $2.8 billion for its global opportunistic real estate fund, Cerberus Institutional Real Estate Partners V, L.P. (CIREP V), exceeding...
Colony Capital completes exit from hospitality business
Colony Capital has completed the sale of six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management for $2.8 billion.
The transaction concludes...
JBG Smith begins construction of two residential towers in National Landing
JBG Smith has begun construction of two residential towers at 1900 Crystal Drive in National Landing, Arlington, VA.
The development at 1900 Crystal Drive will...
WeWork to go public through $9bn SPAC merger
WeWork and BowX Acquisition Corp., a special purpose acquisition company (SPAC), have entered into a definitive merger agreement that will result in WeWork becoming...
