Google signs 15-year lease agreement in Cambridge, Massachusetts
Two days ago, Sundar Pichai, chief executive officer of Google, had announced the company's new investment startegy that includes opening new data centers and...
Transwestern Investment Group sells 3.5 million sq-ft industrial portfolio
Real estate investment management firm, Transwestern Investment Group announced it has sold a 3.5 million-square-foot industrial portfolio on behalf of one of its...
Netflix to expand its presence in New York with $100m investment in New York...
Governor Andrew M. Cuomo Thursday announced that Netflix will expand its presence in New York with a production hub in New York City, bringing...
KBS sells Class A office property in Florida
KBS, one of the largest owners of commercial real estate and an SEC-registered investment adviser, has sold Emerald View at Vista Center, a two-building...
L Catterton and QIC to redevelop South Bay Galleria in California
L Catterton Real Estate and QIC Global Real Estate announced a strategic partnership to jointly redevelop South Bay Galleria in Redondo Beach, California.
As part...
Multifamily properties in North Carolina sold for $109M
Investcorp has sold a portfolio of multifamily properties located in Raleigh, North Carolina to TruAmerica Multifamily for $109 million. Investcorp purchased the 830-unit portfolio...
Digital Realty closes $1bn JV transaction with Singapore’s Mapletree
Global data center provider Digital Realty has closed the previously announced joint venture with Mapletree Investments and Mapletree Industrial Trust on three existing Turn-Key...
Safehold closes $620M ground lease at 425 Park Avenue in New York City
Safehold Inc. has closed on the previously announced acquisition of the existing ground lease at 425 Park Avenue in New York, NY for approximately...
Kennedy Wilson raises $775m for sixth U.S. real estate fund
Kennedy Wilson has exceeded its target, securing $775 million of capital commitments and closed fundraising for Kennedy Wilson Real Estate Fund VI (“Fund VI”),...
Global direct commercial real estate investment reaches $800bn in 2019, says JLL
Global direct commercial real estate(CRE) investment volumes reached an all-time high of $800 billion, increasing 4% year-over-year and making 2019 the most liquid year...
biproxi buys commercial real estate listing site OfficeSpace.com
Commercial real estate platform biproxi announced that it has acquired OfficeSpace.com, a commercial real estate (CRE) data and listing website.
biproxi plans to consolidate...
ICSC calls on state and municipal leaders to support America’s shopping center industry
As the COVID-19 crisis continues to threaten the viability of the shopping center industry as stores and restaurants close to help contain the spread...
