Tag: US commercial real estate
Prologis closes $23bn Duke Realty acquisition
Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
Singapore REIT to convert San Diego office property to life sciences...
Singapore-listed real estate investment trust CapitaLand Ascendas Reit(CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), has signed a full building lease...
GIC, Oak Street to buy Store Capital in $14bn deal
Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street, a division of net lease investor Blue Owl, will acquire the internally managed...
KKR pays $90m for Phoenix industrial park
KKR has purchased 101 at Van Buren, a newly constructed industrial park consisting of two Class A buildings located in Phoenix’s Southwest Valley industrial...
Hudson Pacific expands studio business with $360m acquisition
Hudson Pacific Properties has expanded its studio business with the acquisition of Quixote Studios, a provider of sound stages and production services to the entertainment industry,...
Griffin Realty Trust sells 41-property office portfolio for $1.1bn
Griffin Realty Trust (GRT) has sold a majority interest in a 41-property office portfolio, consisting of 53 buildings and one land parcel, valued at...
Landmark, ADIA form $2bn build-to-core student housing venture
Landmark Properties has formed a new $2 billion build-to-core student housing joint venture with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The...
URW divests shopping mall in California for $537.5m
Unibail-Rodamco-Westfield (URW) has sold the Westfield Santa Anita shopping mall in Arcadia, California, to an established commercial real estate investor who owns other retail assets in Southern...
Harrison Street buys 10 Class-A self-storage properties
Harrison Street has expanded its self-storage portfolio with the acquisition of 10 Class-A self-storage properties comprised of 9,031 units across five U.S. states. The 872,340...
Aimco forms $1bn multifamily joint venture with Alaska Permanent Fund
Apartment Investment and Management Company (Aimco) and Alaska Permanent Fund Corporation (APFC) have signed a programmatic joint venture agreement to fund up to $1...
