CRE Herald’s top 10 commercial real estate news stories in February
CRE Herald’s top 10 global commercial real estate (CRE) market news stories for the month.
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin,...
US-China trade tensions trigger $4bn outflows from Chinese equities
According to The Institute of International Finance(IIF) daily capital flows tracker report, a recent, significant reversal in EM capital flows so far this week....
JLL arranges $421.8m financing for Atlanta office complex
JLL's Capital Markets group has arranged a $421.8 million financing for Piedmont Center, a 14-building, 2.2 million-square-foot, Class A office complex in Atlanta, Georgia.
JLL worked on behalf of...
Chris Fossick joins Native Land as non-executive director
Native Land has announced the appointment of Chris Fossick, a leading name in Asia's real estate sector, formerly the Chief Executive Officer of JLL...
GIC to buy logistics facility in Japan from Daiwa House
Singapore’s sovereign wealth fund GIC said it would acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area in ...
Paramount acquires office assets in San Francisco
Paramount Group, Inc. has completed the acquisition of a 44% joint venture interest in 55 Second Street. Located in San Francisco’s South Financial District, the...
Morgan Properties buys two portfolios for $780.5m
Morgan Properties has purchased two portfolios totaling 18 apartment communities and 4,724 units in four states: Georgia, Florida, North Carolina, and South Carolina.
The company...
KBS sells Class A office campus in Weston, Florida
KBS has sold Weston Corporate Center, a two-building, 149,103 square-foot Class A office campus in Weston, Florida to an affiliate of Banyan Street Capital for $52.25...
Marcus & Millichap to acquire Mission Capital
Marcus & Millichap (MMI) has entered into a definitive agreement to acquire Mission Capital, a real estate capital markets solutions firm with offices in...
43-hectare industrial land parcel in Melbourne sold to Frasers Property
Frasers Property Australia has purchased a 43-hectare premier industrial land parcel from a private syndicate in Melbourne’s West for A$27.5 million.
Situated at 917...
Four Seasons to open luxury hotel and private residences in New Orleans
Four Seasons Hotels and Resorts, together with developers Carpenter & Company Inc. and Woodward Interests, LLC, will open a luxury hotel and Private Residences...
Union Investment, Nuveen sell Manhattan retail asset to Stockbridge
Union Investment and Nuveen Real Estate have sold the retail property at 1511 Third Avenue on Manhattan’s Upper East Side to U.S. real estate...
