JBG Smith, J.P.Morgan form JV for mixed-use development in National Landing
JBG Smith and J.P. Morgan Global Alternatives have formed a joint venture to develop, manage, and own approximately 2.0 million square feet of new...
Equity Commonwealth to buy Monmouth Real Estate for $3.4bn
Equity Commonwealth, a Chicago based, internally managed and self-advised real estate investment trust (REIT), and Monmouth Real Estate Investment Corporation (Monmouth) have entered into...
Hines launches Asia fund with $400m capital from Cadillac Fairview
Hines has launched Hines Asia Property Partners (HAPP), the firm’s new fund for the Asia-Pacific region with $400 million of capital from Cadillac Fairview,...
TA Realty enters data center sector with $1.8bn investment in Loudoun County
TA Realty LLC said Tuesday it plans to develop a new $1.8 billion secure data center campus in the heart of Loudoun County, VA.
TA...
Dexus healthcare fund adds Melbourne life science asset to potfolio
Dexus Healthcare Property Fund is acquiring large-scale life science asset in Melbourne’s premier Biomedical Precinct.
Dexus Healthcare Property Fund (DHPF) has agreed to acquire Manning...
KKR acquires industrial property in Tampa
KKR has acquired a 178,400 square foot industrial property in Tampa, Florida.
The industrial property is located in a highly infill location in East Tampa, approximately fifteen...
CBRE Global Investors buys 318-unit multifamily community in Raleigh
A fund sponsored by CBRE Global Investors has purchased a 318-unit multifamily community located in a suburb of Raleigh, N.C.
The multifamily asset, known...
Commercial real estate forecast: Urban multifamily properties will rebound in 2021
Moody’s Analytics today announced new forecasts for commercial real estate (CRE) rents and vacancies covering eight property types and more than 3,000 submarkets across...
BioMed Realty acquires development site in Seattle
BioMed Realty, a leading provider of real estate solutions for the life science and technology industries, has acquired two adjacent parcels from Clise Properties...
Walmart Canada to build new distribution centre in New Brunswick
Walmart Canada said Thursday that it is building its first distribution centre in Moncton, New Brunswick.
Walmart Canada will invest more than $56 million in the project. The...
Public Storage closes acquisition of ezStorage
Public Storage has closed on the acquisition of ezStorage, one of the self-storage operators in the United States, for $1.8 billion.
The transaction adds 48...
Realty Income to acquire VEREIT in all-stock transaction
Realty Income Corporation has entered into a definitive agreement to acquire VEREIT in an all-stock transaction.
Realty Income said the transaction would create a combined...
