Trophy office tower in Seattle sells for $625m
Hudson Pacific Properties, Inc. and Canada Pension Plan Investment Board (CPP Investments) have completed their previously announced acquisition of 1918 8th Avenue, a 668,000-square-foot trophy...
ILPT buys Class A industrial building in Kansas for $44m
Industrial Logistics Properties Trust (ILPT) has acquired a net leased Class A industrial building in Kansas City, Kansas for $44 million, excluding acquisition related costs....
ElmTree Funds forms $600m partnership with Guggenheim Investments
Real estate private equity manager ElmTree Funds has formed a partnership with Guggenheim Investments to invest in industrial e-commerce assets throughout the United States.
ElmTree...
JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality
JLL has appointed Gilda Perez-Alvarado as global CEO of its Hotels & Hospitality Group. Gilda Perez-Alvarado will succeed Mark Wynne-Smith, who will continue as...
Healthpeak Properties to develop life science building in South San Francisco
Healthpeak Properties, Inc. said on Thursday that it will begin construction of its Nexus on Grand, a life science development located at 233 East...
Dalfen Industrial expands Midwest portfolio with property acquisition
Dalfen Industrial has purchased a 174,300 square foot industrial property west of downtown Chicago at 1103 Butterfield Road in Aurora, IL.
The industrial property was...
JLL Income Property Trust buys Boston apartment community for $72.5m
JLL Income Property Trust has purchased Princeton North Andover, a 192-unit apartment community in the affluent north-Boston suburb of North Andover, Massachusetts, for $72.5...
CBRE Group buys Union Gaming
Commercial real estate services and investment firm CBRE Group, Inc. has acquired Las Vegas-based Union Gaming, a boutique investment bank and advisory firm focused exclusively...
KKR makes first investment in self-storage sector
KKR has acquired three self-storage properties through separate transactions with two different sellers for $36 million.
KKR said the purchases represent KKR real estate’s first...
CBS Building in Midtown Manhattan sells for $760m
Harbor Group International (HGI) said Monday it has agreed to acquire 51 West 52nd Street, popularly known as the CBS Building or Black Rock, a...
Morgan Stanley raises $3.1bn for global real estate fund
Morgan Stanley Real Estate Investing, the global private real estate investment management business of Morgan Stanley, has raised $3.1 billion for North Haven Real...
Blackstone to buy hotel portfolio from Condor Hospitality Trust for $305m
Condor Hospitality Trust has agreed to sell its entire portfolio of hotels to Blackstone Real Estate Partners for $305 million in an all cash...
