Ventas fund acquires life science portfolio in South San Francisco for $1bn
Ventas Life Science and Healthcare Real Estate Fund, L.P. has acquired a trophy life science portfolio in the premier South San Francisco life science...
Ventas, GIC form research & innovation development JV
Ventas, an S&P 500 company, announced it has formed a joint venture with GIC, a global investment firm established in 1981 to manage Singapore’s...
The 10 most popular CRE Herald news stories in November
Here are the 10 most popular CRE Herald global commercial real estate (CRE) market news stories for the month.
Carlyle acquires UK senior housing developer Beechcroft
Global...
AXA IM-Real Assets buys U.S. logistics portfolio for $875m
AXA Investment Managers - Real Assets (AXA IM - Real Assets) has announced the acquisition of a c. 7,984,000 sqft logistics portfolio for $875 million (€720...
Columbia Property Trust appoints new board chair
Columbia Property Trust, Inc. has appointed Constance B. Moore as chair of its board of directors, effective December 31, 2020.
Constance Moore has served as...
KBS sells Class A office property in Phoenix, Arizona for $103.5m
KBS has sold a 333,014 square-foot Class A office property, Anchor Centre, in Phoenix, Arizona to TerraCap for $103.5 million. The office property was owned by...
CBRE acquires construction management firm in Los Angeles
CBRE has acquired Beezley Management (Beezley), a construction management and project advisory services firm based in the Los Angeles area.
Founded in 1997, Beezley has 25 employees based in Calabasas, California, and the firm’s expertise spans all areas of project...
Harbor Group International invests $309m in Southeast multifamily portfolio
Harbor Group International(HGI), a privately-owned international real estate investment firm, has acquired a portfolio of eight multifamily communities in the U.S. Southeast for $309 million....
Colony Capital completes exit from hospitality business
Colony Capital has completed the sale of six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management for $2.8 billion.
The transaction concludes...
KBS signs leases at The Towers Emeryville in California
KBS has signed 40,504 square feet in leases with two tenants at The Towers Emeryville, an 816,090 squarefoot, Class A office park in Emeryville,...
PG&E to sell San Francisco headquarters complex for $800m
PG&E Corporation and Pacific Gas and Electric Company (PG&E) has agreed to sell its San Francisco headquarters complex, which includes 77 Beale Street and...
KKR buys residential building in Phoenix
KKR has acquired The District at Scottsdale, a 332-unit Class A residential building in Phoenix. The purchase price was not disclosed.
Constructed in 2019, The District...
