PGIM Real Estate buys industrial portfolio in New Jersey for $275m
PGIM Real Estate, the real estate investment and financing business of PGIM, has acquired a four-building 2.2-million-square-foot industrial portfolio in New Jersey for $275...
Blackstone completes sale of BioMed Realty for $14.6bn
Blackstone today announced that Blackstone Real Estate Partners VIII L.P. and co-investors have completed their previously announced transaction to sell BioMed Realty, a life...
Hines Global buys Amazon leased e-commerce fulfillment center
Hines Global Income Trust, Inc. (Hines Global), a public, non-listed real estate investment trust sponsored by Hines, has acquired an Amazon-leased e-commerce fulfillment center...
JCPenney initiates search for new CEO as Soltau to exit
JCPenney announced on Wednesday that its new ownership group, consisting of Simon Property Group and Brookfield Asset Management, along with strategic partner Authentic Brands...
American Tower buys Telxius Towers from Telefónica for $9.4bn
American Tower Corporation announced that it has entered into definitive agreements with Telefónica to acquire Telxius Towers, comprising approximately 31,000 existing communications sites in...
Jeff Bezos to step down as Amazon CEO in Q3
Amazon announced on Tuesday that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer...
BentallGreenOak to acquire Metropolitan Real Estate from Carlyle
BentallGreenOak has signed an agreement to acquire Metropolitan Real Estate Equity, LLC (Metropolitan) from global investment firm The Carlyle Group Inc.
Metropolitan Real Estate...
Easterly Government Properties buys mission critical property portfolio
Easterly Government Properties, Inc. has acquired a 176,550 square foot portfolio of three U.S. Government-leased properties.
The three-building portfolio is comprised of:
• Federal Bureau...
Partners Group sells US industrial property portfolio for over $1bn
Global global private equity firm Partners Group has sold a portfolio of US industrial properties, on behalf of its clients, for over $1 billion...
QuadReal promotes Jameson Weber to Managing Director, Americas
QuadReal Property Group, a global real estate company headquartered in Vancouver, British Columbia, has appointed Jameson Weber as Managing Director, International Real Estate, Americas.
Jameson...
MGM Resorts to acquire 50% interest in CityCenter for $2.12bn
MGM Resorts International has agreed to acquire Infinity World Development Corp's (Infinity World) 50 percent interest in CityCenter Holdings, LLC for $2.125 billion.
MGM Resorts...
CBRE Global Investors buys logistics property in Maryland
CBRE Global Investors, through one of its sponsored funds, has acquired an 889,608-square-foot bulk logistics property in Aberdeen, Maryland.
Fund now owns 2.24 million...
