Union Investment adds Florida retail center to global portfolio
Germany-based Union Investment has purchased the Fountains of Boynton, a grocery anchored retail center in Florida. The purchase price was not disclosed.
The...
Blackstone to acquire stake in Dexus Australia Logistics Trust for A$2.1bn
Blackstone has agreed to acquire Singapore wealth fund GIC's 49% stake in the Dexus Australia Logistics Trust, an existing joint venture with Dexus that...
KBS sells three-building office park in Fairfax, Virginia for $106m
KBS has sold Willow Oaks Corporate Center, a 584,147 square-foot, Class A office park in Fairfax, Virginia, a submarket of Washington, DC. to Bridge Investment...
CapRock closes industrial real estate development fund at $700m
CapRock Partners has announced the final closing of CapRock Logistics Venture at nearly $700 million, exceeding its initial target of $450 million.
CapRock said the...
CPP Investments, Greystar form $840m US single-family rental JV
Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC have formed a new joint venture to develop and acquire purpose-built...
City Office REIT buys property in downtown Phoenix for $150m
City Office REIT has acquired Block 23, a premier office building in downtown Phoenix, Arizona, for $150 million.
The 307,000 square foot property is an...
JLL Income Property Trust buys four-building industrial portfolio for $95m
JLL Income Property Trust has acquired Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet, for $95 million.
The...
Logos, Pure DC establish APAC hyperscale data center partnership
Asia Pacific logistics real estate developer Logos and Pure Data Centres (Pure DC), the global data centre developer and operator, have established a new partnership...
Oxford buys two North Carolina life science properties for $158.6m
Oxford Properties Group has purchased two adjacent North Carolina life science properties, Research Commons and 78 TW Alexander Drive, for a total of US$158.6...
Bridge, Townsend form global gateway institutional logistics venture
Bridge Investment Group and The Townsend Group have signed a definitive agreement forming a joint venture with options to deploy as much as $400...
City Office REIT closes $576m sale of life science portfolio
City Office REIT has closed the sale of its holdings in the Sorrento Mesa submarket of San Diego for $576 million.
City Office said...
Blackstone REIT secures $690m financing for industrial portfolio
Blackstone Real Estate Income Trust (BREIT) has secured a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85...
