Park Central San Francisco to rebrand under Hyatt Regency
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with 50 Third Street Owner LP for Park Central San...
Blackwells makes all cash offer to acquire Monmouth
Alternative investment management firm Blackwells Capital LLC has made an approximately $3.8 billion all-cash offer to the Monmouth Real Estate Investment Corporation's Board of Directors to...
Trophy office tower in Seattle sells for $625m
Hudson Pacific Properties, Inc. and Canada Pension Plan Investment Board (CPP Investments) have completed their previously announced acquisition of 1918 8th Avenue, a 668,000-square-foot trophy...
Thoma Bravo to buy RealPage in $10.2bn deal
Private equity investment firm Thoma Bravo LP has entered into a definitive agreement to acquire RealPage Inc., a global provider of software and data...
Korea’s NPS awards Russell Investments $1bn global listed real estate mandate
South Korea’s public pension fund National Pension Service (NPS) has awarded a US$1 billion global listed real estate mandate to Russell Investments, the global...
Skanska sells majority interest in Seattle office tower for $669m
Nordic development and construction company Skanska has sold a 95 percent interest in the 2+U, an office tower in Seattle, Washington, USA, for $669...
Marcus & Millichap acquires capital advisory firm LMI Capital
Commercial real estate brokerage firm Marcus & Millichap (MMI) today announced that it has acquired the assets of LMI Capital, a Houston-based commercial real...
Goodman to build 1.1 million sq ft logistics campus in Inland Empire
Goodman announced that it has started construction of a 1.1 million-square-foot logistics campus, Goodman Logistics Center Fontana III, in the Inland Empire West, Southern California....
Sealy purchases Class A distribution warehouse in St. Louis, Missouri
Commercial real estate investment and operating company Sealy & Company has acquired a 1,109,830 square-foot, cross-docked distribution warehouse from Panattoni Development Company in the...
JBG Smith buys development site in National Landing
JBG Smith has acquired the former Americana Hotel situated directly across the street from Amazon’s future headquarters in National Landing.
The 1.4-acre Americana site in...
Blackstone REIT becomes third largest non-listed owner of storage in U.S
Blackstone Real Estate Income Trust, Inc. (BREIT) announced that it has completed its previously announced acquisition of Simply Self Storage from a Brookfield Asset Management real...
Colliers : One in 10 offices in Canada were vacant in Q4 2020
As COVID-19 continues to impact the Canadian commercial real estate industry, the Canadian office market continues to experience rising vacancy rates, reaching a high...
