KKR buys two industrial distribution properties in Texas for $171m
KKR announced that it has purchased two industrial distribution properties in Texas totaling approximately 1.8 million square feet from Hines which developed the assets for $171 million.
The...
Skanska plans to develop Class-A office building in Boston
Construction and development company Skanska has acquired about 2,787 square meters of land in Boston, Massachusetts from John Hancock Life Insurance Company for...
Iron Mountain sells 13 industrial facilities to Blackstone for $358m
Iron Mountain announced that it has sold a portfolio of 13 industrial facilities to Blackstone Real Estate Income Trust, Inc. (BREIT) for $358 million...
Allianz Real Estate acquires 49% interest in U.S industrial portfolio
Crow Holdings has formed a joint venture with Allianz Real Estate through the direct sale of a 49% stake in a 19-asset, 6.1 million-square-foot...
Stockbridge forms industrial real estate JV with Korean pension fund
Real estate investment management firm Stockbridge announced that it has formed a joint venture with the National Pension Service of Korea (NPS) to acquire...
Amazon to create more than 2,000 jobs in Nevada
Amazon.com, Inc. will create more than 2,000 new permanent full- and part-time jobs in Nevada with eight new buildings across the state to support customer fulfillment...
Vornado Realty Trust announces senior management changes
Vornado Realty Trust, a fully-integrated equity real estate investment trust, has announced a series of senior management changes.
Michael Franco, the company’s president, has been...
Dalfen Industrial buys distribution facility from Clarion Partners
Dalfen Industrial has acquired a distribution facility, the Peachtree Distribution Center, from Clarion Partners at 17745 Lookout Rd in the East Dallas suburb of...
NW1 Partners obtains $100m commitment from U.S institutional investor
Real estate investment management firm NW1 Partners, founded by industry veterans David Boyle and Brad Beanblossom, with strategic support from Delancey, has obtained a...
The 10 most popular CRE Herald news stories in November
Here are the 10 most popular CRE Herald global commercial real estate (CRE) market news stories for the month.
Carlyle acquires UK senior housing developer Beechcroft
Global...
Hudson Pacific, CPP Investments to acquire office tower in Seattle for $625m
A joint venture between Hudson Pacific Properties, Inc. (Hudson Pacific) and Canada Pension Plan Investment Board (CPP Investments) has signed an agreement to acquire...
Marriott to debut St.Regis brand at Chicago’s iconic Vista Tower
Marriott International, Inc. has signed an agreement with Magellan Development Group to debut its St.Regis Hotels & Resorts brand at iconic Vista Tower project in...
