Amazon to open second fulfillment center in Mississippi
Amazon.com plans to open its second Mississippi fulfillment center, located in DeSoto County. The new facility is expected to create 500 new, full-time jobs in the region.
“Mississippi has...
Warburg Pincus to increase its stake in Singapore’s ARA
U.S. private equity firm Warburg Pincus will increase its stake in Singapore-listed real estate fund manager ARA Asset Management Ltd (ARA) to 48.7% from...
KKR fund acquires industrial warehouse in Atlanta for $103m
KKR Friday said KKR Real Estate Select Trust Inc. (KREST) has purchased a 1.1 million square-foot, Class A industrial warehouse at Southern Gateway at...
PepsiCo buys 152 acres of land in Denver to build its largest plant in...
PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area to build a state-of-the-art, 1.2...
Asia Pacific CRE recovery continues despite Covid-19 variant concerns, says CBRE
Asia Pacific’s commercial real estate (CRE) markets will continue to recover in the second half of 2021, with investment activity picking up significantly, regional...
Life sciences campus in Cambridge, Massachusetts sells for $720m
Harrison Street, The Bulfinch Companies (Bulfinch) and National Real Estate Advisors, LLC (National) have sold Cambridge Discovery Park (CDP), a three property life sciences...
DCI to develop data centre in Sydney
DCI Data Centers, a fully owned portfolio company of Brookfield Asset Management, has secured development approval from Blacktown City Council for a new 36-megawatt...
CBRE Global Investors adds four assets to self-storage portfolio
A fund sponsored by CBRE Global Investors has added four self-storage assets totaling 3,746 units across 296,286 square feet to its portfolio in the...
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...
Aims Apac Reit to buy Woolsworth HQ property in Sydney for A$463m
Singapore-listed Aims Apac Reit (AA Reit) has agreed to acquire Woolworths Headquarters property, located in New South Wales, Australia for A$463.25 million (appr. S$454.0...
Castellana sells Spanish retail park portfolio to Ares for €279m
Castellana Properties has agreed to sell its portfolio of retail parks in Spain to Ares Real Estate funds, a subsidiary of Ares Management Corporation.
The...
Multifamily property in Georgia sold for $117m
Denver-based real estate investment management and development firm Black Creek Group has acquired a 384-unit multifamily property, Hanover Perimeter, located in the heart of...
