RPT Realty announces new net lease retail real estate platform
RPT Realty has formed a new core net lease retail real estate platform with co-investors GIC Private Limited, Zimmer Partners and Monarch Alternative Capital LP.
GIC,...
Trammell Crow to develop logistics facilty in Tolleson, Arizona
Trammell Crow Company (TCC), along with capital partner Clarion Partners, LLC, has acquired a 25-acre site to develop Tolleson 107 Logistics Center, a 332,075-square-foot...
Kilroy Realty to sell San Francisco office property for $1.1bn
Kilroy Realty Corp. said Monday it has agreed to sell The Exchange on 16th, its 750,000 square-foot office property located at 1800 Owens Street...
CoStar withdraws proposal to acquire CoreLogic
Commercial real estate data provider CoStar Group Inc. said it had withdrawn its bid to buy CoreLogic.
CoStar believes rising interest rates will negatively impact...
VICI Properties, Apollo funds to buy Venetian Resort Las Vegas for $6.25bn
VICI Properties and Apollo Global Management have entered into a definitive agreement to acquire the Venetian Resort Las Vegas and the Sands Expo and...
CRE Herald’s top 10 commercial real estate news stories in February
CRE Herald’s top 10 global commercial real estate (CRE) market news stories for the month.
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin,...
Harbor Group International invests $309m in Southeast multifamily portfolio
Harbor Group International(HGI), a privately-owned international real estate investment firm, has acquired a portfolio of eight multifamily communities in the U.S. Southeast for $309 million....
JLL Income Property Trust buys distribution center in Phoenix for $91m
JLL Income Property Trust has acquired Southeast Phoenix Distribution Center, a four-building, Class A distribution center totaling 474,000 square feet located in the Chandler...
Elion Partners acquires last-mile industrial asset in New Jersey for $29.7m
Elion Partners has acquired a 207,000-square-foot last-mile industrial asset located at 1000 Jefferson Avenue in Elizabeth, New Jersey, two miles from the Newark Liberty...
Vector Group launches proptech investment venture
Douglas Elliman parent company Vector Group has launched a property technology investment venture, New Valley Ventures, to invest in PropTech startups.
In connection with the...
CoStar revises proposal to acquire CoreLogic
Commercial real estate data and marketing services company CoStar Group Inc. has submitted a revised proposal to acquire CoreLogic.
Under the terms of the new...
SoftBank announces settlement with WeWork co-founder Adam Neumann
SoftBank Group Corp. said on Friday it has entered into a settlement agreement with WeWork special committee (formerly referred to as The We Company)...
