Google to invest $1bn in residential housing across Bay Area
Google announced that it will invest additional $1 billiion in residential housing across the San Francisco Bay Area.
In the coming ten years, Google plans...
Coca-Cola closes sale of iconic New York building
The Coca-Cola Company announced that it has closed on the sale of 711 5th Ave., an iconic retail and office building in Manhattan, New York....
Blackstone to acquire Bellagio from MGM Resorts for $4.25bn
Blackstone Real Estate Income Trust(BREIT) and MGM Resorts International will form a 95%/5% BREIT-led joint venture to acquire the real estate assets of the...
Lineage Logistics to acquire Emergent Cold
Michigan-based temperature-controlled logistics company Lineage Logistics has signed definitive agreements to acquire Emergent Cold, the international cold chain logistics provider. Financial terms of the...
BioMed Realty welcomes Amgen to its Gateway of Pacific campus
BioMed Realty (“BioMed”) announced that Amgen will occupy BioMed’s Gateway of Pacific campus in South San Francisco under a new long-term lease for 240,000...
Comstock buys Class A office building in Arlington, VA
Comstock Holding Companies, Inc. has acquired The Hartford Building, a 211,450 square foot Class A office building in Arlington, Virginia.
The 9-story, Class A building...
CBRE leads U.S commercial real estate investment sales activity
CBRE for the 14th consecutive year was the top-ranked firm for commercial real estate investment sales in the U.S during 2019, according to...
Allianz Real Estate to become part of PIMCO
PIMCO and its parent company Allianz Group, have agreed to transition the management and oversight of Allianz Real Estate to PIMCO. Allianz Real Estate...
Mill Creek, QuadReal form $421m JV to invest in US multifamily market
Multifamily developer and operator Mill Creek Residential and global real estate investment firm QuadReal Property Group have formed a joint venture to invest up...
The City of Las Vegas to accelerate smart cities project with NTT
The city of Las Vegas and NTT Corporation (NTT) today announced the Accelerate Smart project has expanded to include two new locations – the city’s Community Healing Garden and a...
JCPenney reopens 150 stores across U.S
JCPenney reopened 150 stores in 27 states, bringing the total to 304 reopened stores nationwide after temporarily closing due to the Coronavirus (COVID-19) pandemic....
MSD Partners closes its real estate credit opportunities fund at $1.1bn
MSD Partners, L.P. has closed its MSD Real Estate Credit Opportunities Funds (RCOF) with more than $1.1 billion in commitments, exceeding its initial target of $750...
