Simon to close properties on Thanksgiving Day
Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day.
"In these challenging times, we made...
Dalfen Industrial adds five last mile industrial properties to Texas portfolio
Dalfen Industrial has added five last mile industrial buildings, over 1.2 million square feet properties, to its Texas portfolio.
The company said it has purchased Mark...
The 10 most read CRE Herald news stories in October
Here are the 10 most read CRE Herald global commercial real estate (CRE) market news stories for the month.
Bill Gates’ Cascade Investment, GIC buy stakes...
Brookfield Properties to develop Class-A logistics park in Austin, Texas
Global real estate services company Brookfield Properties has added Park 290, a 68-acre development site located in Austin, Texas to its U.S. logistics portfolio.
Located...
Brookfield Properties to develop logistics center in Orlando, Florida
Brookfield Properties announced that it has added a 72-acre development site located in Orlando, Florida to its development pipeline for the U.S. logistics portfolio.
Once...
Americold closes acquisition of Agro Merchants Group
Americold Realty Trust today announced that it has closed its acquisition of Agro Merchants Group.
In October, the company had entered into a definitive agreement...
Newmark names Richard Bertasi as CEO of Global Corporate Services
Newmark Group, Inc. has hired Richard Bertasi as Chief Executive Officer of its Global Corporate Services (GCS) business.
Richard Bertasi has more than 25 years of experience...
Mirabaud acquires logistics facility in Houston for $108m
Mirabaud Asset Management has acquired a logistics facility in Houston, Texas from Indiana-based Duke Realty Corp. for $108 million.
The Katy Logistics facility, a 94,000...
Tricon sells 80% interest in $1.3bn US multifamily portfolio
Tricon Residential Inc. is selling 80% interest in its wholly-owned portfolio of 23 U.S. multifamily apartments to two institutional investors in a transaction which...
Blackstone buys two office buildings in Downtown Miami for $230m
Shorenstein Properties has sold 2 & 3 MiamiCentral located in Downtown Miami to funds managed by Blackstone Real Estate for $230 million.
2 & 3 MiamiCentral...
Hines, PC Urban to build largest mass timber office building in Vancouver
Hines has established a partnership with Vancouver-based real estate development firm PC Urban Properties Corp to build Western Canada’s largest and tallest mass timber...
7‑Eleven completes acquisition of convenience store chain Speedway
7‑Eleven has completed the acquisition of Speedway, a convenience store chain, from Marathon Petroleum Corp. for $21 billion.
Speedway’s portfolio includes approximately 3,800 stores located...
