Piedmont completes sale of 45-story office tower in Philadelphia
Piedmont Office Realty Trust, Inc. (Piedmont) has completed the sale of 1901 Market Street, a 45-storey Class-A office tower in Philadelphia for approximately $360 million, or $450 per...
SL Green announces sale of 400 East 58th Street for $62 million
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, together with its joint venture partner, today announced that it has entered into a...
ESR buys three prime logistics properties in East China
Warburg Pincus-backed APAC logistics real estate platform ESR Cayman Limited (ESR), has acquired a 100% stake in three prime logistics properties in Jiangsu province,...
KBS sells office buildings in San Jose, California for $95m
Private equity real estate company KBS has sold two additional buildings at District 237, a Class A office/R&D complex in San Jose, California.
The buildings...
Hudson Pacific Properties and Blackstone announce new joint venture to expand studio platform
Blackstone to purchase a 49% stake in Hudson Pacific’s Hollywood Media Portfolio, a 2.2 million-square-foot collection of studio facilities and Class A office buildings...
Boston Properties reports June office tenant collections of 98% and completes $300 million of...
Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded owner, developer and manager of Class A office properties in the United States, provided an update on...
Allianz, NPS to establish $2.3bn investment platform in Asia Pacific
Allianz announced that it has partnered with The National Pension Service of Korea (NPS) to establish a USD 2.3 billion investment platform to build...
CBRE Global Investors sells industrial property portfloio in Japan
CBRE Global Investors announced that it has completed the sale of Mitsubishi Fuso portfolio in Japan, comprising 169 light industrial properties located across Japan...
Eldorado Resorts announces FTC clearance for pending merger with Caesars
Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed...
Goodman Group completes logistics facility in El Monte, California
Goodman Group announced that it has completed a 1.2 million-square-foot logistics facility in El Monte, California.
The new facility has from 227,850 to 935,657 square feet of...
Microsoft to close its retail stores
Microsoft Corp. announced on Friday it will close its Microsoft Store physical locations around the world.
Microsoft said its retail team members will continue to...
US commercial real estate price growth slows in May
US commercial real estate price growth has slowed in may due to the impacts of COVID-19 pandemic crisis. According to the latest Real Capital Analytics RCA CPPI (Commercial...
