PGIM provides $41m loan for acquisition of industrial portfolio
PGIM Real Estate has provided a $41 million loan facility to Dalfen Industrial for the acquisition of a three-building Class A industrial portfolio with...
BioMed Realty to expand Emeryville Center of Innovation campus
BioMed Realty, a Blackstone portfolio company, has received development approval from the City to expand its Emeryville Center of Innovation campus.
Plans for the...
ESR Australia buys office and warehouse complex for A$71m
ESR Australia has acquired a fully leased office and warehouse complex, 44-50 Waterloo Road in Macquarie Park NSW for A$71 million.
Anchored by Macquarie University’s...
Historic building in downtown Seattle sells for $580m
Global investment firm KKR and Seattle-based commercial real estate firm Urban Renaissance Group LLC have acquired 300 Pine, a 770,000 sq. ft., eight-story mixed-use...
Lincoln Property to acquire Excelsior Multifamily
Lincoln Property Company said Thursday it will acquire Excelsior Group’s multifamily property management business, Excelsior Multifamily LLC. Terms of the sale were not disclosed.
Excelsior...
Brookfield to acquire remaining stake in Brookfield Property Partners for $6.5bn
Brookfield Asset Management Inc. (Brookfield) said Thursday it has reached an agreement to acquire all of the limited partnership units of Brookfield Property Partners...
Granite REIT buys 1 msf distribution facility in Atlanta for $69m
Canadian-based REIT Granite has acquired 3090 State Highway 42, a 1 million square foot warehouse distribution facility situated on 85.6 acres in the greater...
KKR buys The Exchange in San Francisco’s Mission Bay for $1bn
KKR said Wednesday it has acquired The Exchange on 16th, a 750,000-square-foot Class A office complex in San Francisco’s Mission Bay neighborhood, from Kilroy...
Ares agrees to acquire Landmark Partners for $1.08bn
Ares Management Corporation has agreed to acquire 100% of the equity interests in Landmark Partners LLC from global asset management company BrightSphere Investment Group...
Hyatt to grow brand portfolio in India more than 70% by 2023
Hyatt Hotels Corporation said Wednesday that it plans to grow its brand portfolio in India by more than 70% by 2023.
With over 20 executed...
KKR makes second industrial real estate acquisiton in Phoenix market
KKR has acquired a five building industrial real estate portfolio in Phoenix, Arizona totaling 540,000 square feet for $68 million.
The portfolio consists of five shallow bay, last...
Round Hill Capital acquires multifamily apartment community in Dallas
Round Hill Capital has acquired Cortland Allen Station, a multifamily apartment community located in Dallas, Texas, on behalf of its US Residential Income and...
