Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast.
Aldi...
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Commercial real estate data provider CoStar Group Inc. said it had withdrawn its bid to buy CoreLogic.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...
Savills North America names new president
Savills has named David Lipson as the new president of its North America region.
Lipson, who joined the company in 1989, will assume the role...
Elion Partners buys last-mile coastal logistics asset in New York
Elion Partners has acquired a 180,200-square-foot last-mile coastal logistics asset located at 182-20 Liberty Ave in the Jamaica suburb of Queens, New York, five...
KKR adds industrial assets to Phoenix portfolio
KKR has purchased a three building industrial portfolio located in highly infill locations in Phoenix, Arizona from a joint venture between PCCP, LLC and Hopewell Development LP.
All three...
Park Hotels & Resorts to sell two San Francisco hotels for $303.5m
Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...
VICI Properties to acquire MGM Growth Properties for $17.2bn
VICI Properties is acquiring MGM Growth Properties LLC for $17.2 billion.
VICI Properties, MGM Growth Properties LLC and MGM Resorts International, MGP’s controlling shareholder, have...
Oxford Properties, J.P.Morgan sell One Memorial Drive in Boston for $825.1m
Oxford Properties Group and J.P. Morgan Global Alternatives have sold One Memorial Drive, a 409,422 square foot Class A office building in Cambridge, Massachusetts,...
Goldman Sachs to buy GreenSky for $2.24bn
Goldman Sachs has agreed to acquire GreenSky, the largest fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately...
Phoenix Investors buys historic campus in Endicott, New York
Milwaukee-based commercial real estate firm Phoenix Investors has acquired the Huron Campus in Endicott, New York. The purchase price was not disclosed.
The Huron Campus,...
Ascendas Reit to buy last mile logistics portfolio in US for US$156m
Singapore-listed industrial real estate investment trust Ascendas Reit is acquiring a portfolio of 11 logistics properties located in Kansas City, United States for S$207.8 million...
Rockpoint, Resicap expand single-family rental partnership
Real estate private equity firm Rockpoint Group and Resicap, an owner and operator of single-family rental homes headquartered in Atlanta, are expanding their single-family rental...
