U.S CRE investment volume increases in Q4 2020
U.S commercial real estate (CRE) investment volume increased by 97.2% in Q4 from Q3 to $135.4 billion, indicating a strong resurgence of investor confidence,...
CBRE acquires construction management firm in Los Angeles
CBRE has acquired Beezley Management (Beezley), a construction management and project advisory services firm based in the Los Angeles area.
Founded in 1997, Beezley has 25 employees based in Calabasas, California, and the firm’s expertise spans all areas of project...
KingSett announces lease renewal with Scotiabank in Toronto
KingSett Capital and Alberta Investment Management Corporation (AIMCo) announced a lease renewal with Scotiabank for 560,000 square feet of space at 40 King Street and...
PGIM Real Estate completes $30bn of transactions in 2020
PGIM Real Estate, the real estate investment and financing business of PGIM, has completed nearly US$30 billion in transactions worldwide in 2020.
The volume...
Stone Point Capital, Insight Partners to acquire CoreLogic for $6bn
Private equity firms Stone Point Capital and Insight Partners have agreed to acquire CoreLogic, a global property information, analytics and data company, for $80...
Montgomery Street Partners launches $1bn REIT to invest in ground leases
Commercial real estate investment firm Montgomery Street Partners (MSP) announced that it has formed a new venture with a U.S.-based Fortune 500 global insurance...
Tishman Speyer enters Austin market with office property purchase
Tishman Speyer has entered the Austin market by acquiring The Foundry, a two-building office property totaling 240,000 square feet in East Austin, Texas.
"This is our first...
Harbor Group sells Amazon-leased Brooklyn industrial property
A joint venture between Harbor Group International, LLC (HGI) and Turnbridge Equities, has sold HGI's interest in 2300 Linden Boulevard and 835 Essex Street,...
Barings recapitalizes office property in Downtown San Diego
Barings said Wednesday that it has closed a joint venture between Barings and Phase 3 Real Estate Partners / Bain Capital to reposition and...
Mirabaud acquires logistics facility in Houston for $108m
Mirabaud Asset Management has acquired a logistics facility in Houston, Texas from Indiana-based Duke Realty Corp. for $108 million.
The Katy Logistics facility, a 94,000...
Jeff Bezos to step down as Amazon CEO in Q3
Amazon announced on Tuesday that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer...
LCN raises $1.35bn for sale-leaseback funds
Private real estate investment firm LCN Capital Partners has raised over $1.35 billion in equity commitments for its third pair of sale-leaseback funds.
Its U.S. Dollar...
