DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Monmouth gets revised acquisition proposal from Starwood
Monmouth Real Estate Investment Corporation on Thursday confirmed it has received a revised, unsolicited acquisition proposal from Starwood Capital Group.
Under the terms of Starwood’s...
KKR to sell Riata Corporate Park in Austin for over $300m
KKR has agreed to sell Riata Corporate Park to a global institutional investor in a deal valued at over $300 million.
Riata Corporate Park is an eight...
PGIM Real Estate provides $250m in financing for logistics portfolio
PGIM Real Estate has provided $250 million in fixed-rate debt to GLP Capital Partners LP (GCP) for the financing of a five state, five...
Greystar starts construction on first Chicago development
Greystar has started construction on its first high-rise development project at 166 N. Aberdeen Street in downtown Chicago.
The new building will include 223 apartments in...
Greystar sells US multifamily value-add fund for $3.6bn
Greystar Real Estate Partners has agreed to sell a 30-property, U.S. multifamily portfolio for $3.6 billion.
The fund was formed as part of Greystar’s flagship...
SL Green sells 25 percent interest in One Madison Avenue
SL Green Realty has sold a 25 percent interest in One Madison Avenue to an international investor.
The buyer has committed aggregate equity to...
CBRE IM to acquire $4.9bn logistics portfolio in US, Europe
CBRE Investment Management has agreed to acquire a more than 57-asset, 28.4-million square-foot portfolio of state-of-the-art logistics properties in the United States and Europe...
Deka acquires Google-anchored office campus in Seattle for $802m
German investment firm Deka Immobilien has acquired the Google-anchored Lakefront Blocks in Seattle's South Lake Union neighborhood from Newmark and Vulcan Real Estate for $802 million.
The...
Colliers appoints Chris McLernon as global CEO of real estate services
Colliers has appointed Chris McLernon as Global Chief Executive Officer of Real Estate Services.
McLernon will be based in the firm’s global headquarters in...
MRP Capital Group pays $117m for Walmart-anchored portfolio
MRP Capital Group's non-listed REIT, MRP Flyover Real Estate Investment Trust, has acquired a portfolio of 27 Walmart-anchored shopping centers for $117 million.
The...
