Safehold closes a new $285m ground lease in New York City
Safehold Inc. (NYSE: SAFE) has closed on the previously announced $285 million Safehold™ ground lease under the office property at 135 West 50th Street in...
Prologis completes $4bn acquisition of IPT
Prologis, Inc. has completed the acquisition of the wholly owned real estate assets of Industrial Property Trust Inc. (IPT) for approximately $4 billion in cash, including...
Amazon announces first Iowa fulfillment center
New 645,000square-foot site in the city of Bondurant to create 1,000 new, full-time jobs
Amazon.com, Inc. announced plans to open its first fulfillment center in...
Park Hotels & Resorts takes action to mitigate COVID-19 impact
Park Hotels & Resorts Inc. announced it is has taken various actions, independently and in coordination with its hotel management companies, to mitigate the...
US Foods completes acquisition of Smart Foodservice Warehouse Stores
US Foods Holding Corp. (NYSE: USFD) announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse...
Kimco Realty announces partial monetization of its investment in Albertsons Companies, Inc.
Kimco Will Subsequently Maintain a 7.5% Ownership Interest in Albertsons
Company Expects to Receive its Allocable Share of Proceeds
Kimco Realty Corp. (NYSE: KIM),...
Citi Private Bank issues Mid-Year Outlook 2020, Investing in a New Economic Cycle
Citi Private Bank recommends major changes in clients’ investment portfolios amid today’s unprecedented conditions
Citi Private Bank today released its Mid-Year Outlook 2020 report, Investing in...
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...
Bain Capital sells office development in Durham for $138m
Bain Capital Real Estate has sold Durham.ID, a 330,369-square-foot office and retail development in downtown Durham, North Carolina to Longfellow Real Estate Partners for...
JV sells 1.2 million sq ft business park in Georgia
The joint venture between Westmount Realty Capital, LLC and Quilvest Capital Partners announced the sale of Gwinnett Commons, a 1.2-million-square-foot master-planned business park spanning 115...
Cushman & Wakefield releases 2020 Global Office Impact Study
Study predicts office sector recovery to be slow, but full recovery expected despite work-from-home trend
Cushman & Wakefield (NYSE: CWK), a leading global real estate...
Blackstone to sell BioMed Realty for $14.6bn
Blackstone announced that Blackstone Real Estate Partners VIII L.P. and co-investors have agreed to sell BioMed Realty, a life science office company, for $14.6...
