CBRE Group, Inc. rises to #128 on the Fortune 500
CBRE Group, Inc. (NYSE: CBRE) has risen to #128 on the 2020 Fortune 500 list of the largest U.S.-based public companies. The company’s position rose from 2019, when...
Lineage Logistics buys cold storage property portfolio in Chicago
JLL Capital Markets has closed the sale of a three-property cold storage portfolio in Chicago. Lineage Logistics, the Michigan-based temperature-controlled logistics company, has purchased the assets...
Hudson Pacific Properties and Blackstone announce new joint venture to expand studio platform
Blackstone to purchase a 49% stake in Hudson Pacific’s Hollywood Media Portfolio, a 2.2 million-square-foot collection of studio facilities and Class A office buildings...
Dalfen Industrial, Goldman Sachs partner on 46-property last mile industrial portfolio
Dallas-based Dalfen Industrial announced that the company will partner with Goldman Sachs Merchant Banking Division on a 46-property last mile industrial portfolio.
The portfolio...
Sealy buys industrial warehouse portfolio from Blackstone in South Carolina
Commercial real estate investment company Sealy & Company has acquired eight fully-leased industrial warehouse and distribution buildings totaling 1,207,376 square feet, located within the...
Paul McDonnell to step down from United Rentals
United Rentals, Inc. (NYSE:URI) today announced that Paul McDonnell, chief commercial officer, will leave the company on September 30, 2020. Mr. McDonnell will continue...
Greystone closes $289m loan to refinance Midtown Manhattan multifamily
Greystone has closed a $289.3 million, 10-year fixed Freddie Mac loan for BLDG Management Company, Inc.(BLDG) to refinance the Summit, a multifamily rental building...
COPT, Blackstone form new $293m data center shells joint venture
Corporate Office Properties Trust (COPT) has formed a new joint venture with funds affiliated with Blackstone Real Estate.
COPT said the new joint...
Breakthrough raises $1bn for life science property fund
Breakthrough Properties (Breakthrough) announced that it has raised over $1 billion in capital for the Breakthrough Life Science Property Fund and in co-investments.
Breakthrough Properties, a joint...
U.S commercial, multifamily mortgage debt rises to $3.82tn
U.S commercial and multifamily mortgage debt outstanding rose by $57.0 billion (1.5 percent), to $3.82 trillion in total, in the third quarter of 2020,...
Urban Edge buys mall in Massapequa, NY from URW for $29.7m
Urban Edge Properties announced that it has acquired Sunrise Mall in Massapequa, New York from Unibail-Rodamco-Westfield (URW) for $29.7 million plus up to $6...
Global investment activity to increase up to 50% in 2021, says Colliers
According to Colliers International Group's new Global Capital Markets 2021 Investor Outlook, investors are largely optimistic about a market rebound in 2021.
Colliers anticipates a...
