CRE Herald’s top 10 most read news stories of 2020
CRE Herald team wishes you a happy new year and all the best for 2021. CRE Herald presents top 10 most read commercial real...
Americold closes acquisition of Agro Merchants Group
Americold Realty Trust today announced that it has closed its acquisition of Agro Merchants Group.
In October, the company had entered into a definitive agreement...
JCPenney initiates search for new CEO as Soltau to exit
JCPenney announced on Wednesday that its new ownership group, consisting of Simon Property Group and Brookfield Asset Management, along with strategic partner Authentic Brands...
Trophy office building in Washington, D.C. sells for $103m
Paramount Group, Inc., announced today that it has completed the previously announced sale of 1899 Pennsylvania Avenue, a 190,955 square foot trophy office building...
DuPont to sell Chestnut Run Laboratory campus in Delaware to MRA Group
MRA Group, based in Horsham, Pennsylvania, today announced that it has signed a letter of intent with DuPont to acquire the Chestnut Run Laboratory campus...
Simon completes acquisition of Taubman Centers
Simon Property Group has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG).
Under the terms of...
KBS sells building at Class A office complex in San Jose, California
KBS announced today that it has sold a 96,502-square-foot building at District 237, an eight-building, 415,492-square-foot, Class A office/R&D complex in San Jose, California....
U.S. Steel sells non-core real estate asset for $160m
United States Steel Corporation (U.S. Steel) announced that it has closed on the sale of its non-core real estate asset, the Keystone Industrial Port...
Monmouth Real Estate buys industrial building in Atlanta for $96.7m
Monmouth Real Estate Investment Corporation has acquired a new 657,518 square foot industrial building located at 3150 Highway 42 in Locust Grove, GA. for...
Jamestown, Related form JV in Boston’s Innovation and Design Building
Jamestown announced that it has sold a 50% stake in Boston’s Innovation and Design Building (The IDB) to Related Fund Management, marking the city’s...
Elion Partners buys Class A last-mile industrial asset in Fort Lauderdale
Elion Partners (Elion) has acquired Griffin Pointe Business Park, a 180,000-square-foot Class A last-mile industrial asset located at 2281 Griffin Road in Fort Lauderdale,...
COPT completes close of data center JV with Blackstone Real Estate
Corporate Office Properties Trust (COPT) announced that it has completed the second and final close of its new data center joint venture with funds...
