Tag: US industrial real estate
Duke Realty rejects Prologis’ $24bn acquisition offer
Duke Realty Corp. has rejected a nearly $24 billion acquisition offer from Prologis. Under the terms of Prologis’ May 10, 2022 proposal, Duke Realty shareholders would...
Prologis makes offer to buy Duke Realty for $61.68 per share
Global logistics real estate company Prologis has made an offer to acquire Duke Realty Corp. in an all-stock transaction valued at $61.68 per share. The...
Ascendas Reit to buy seven logistics properties in Chicago for S$133.2m
Ascendas Reit has agreed to acquire a portfolio of seven logistics properties located across six infill industrial submarkets across Chicago, Illinois, United States ...
Rockpoint, ADIA form $2bn industrial real estate platform
Boston-based real estate investment management firm Rockpoint has formed an industrial real estate platform with a wholly owned subsidiary of the Abu Dhabi Investment...
KKR adds seven assets to US industrial portfolio
KKR has acquired seven industrial distribution buildings totaling nearly 1.8 million square feet (SF) serving the Dallas Forth Worth and Atlanta markets. The company paid approximately $272...
Korean investor buys distribution center in west Houston for $190m
South Korea-based international investor Mirae Asset Global Investments has acquired a 1.5 million-square-foot distribution center located on a headquarter campus in suburban Houston, Texas...
Trammell Crow gets planning consent for Milton Keynes logistics scheme
Trammell Crow Company has received planning consent to develop a prime 19.4-acre logistics site at Merton Drive in Milton Keynes. The project comprises three Grade A...
JLL Income Property Trust pays $158.5m for San Diego industrial portfolio
JLL Income Property Trust has bought the South San Diego Distribution Center, a three-building, 665,000-square-foot industrial portfolio in San Diego, California for $158.5 million. "Industrial properties continue...
CBRE IM fund buys 672,000 sq ft distribution center in Aberdeen,...
CBRE Investment Management-sponsored fund has acquired a 672,000-square-foot bulk distribution center in Aberdeen, Maryland, 26 miles northeast of Baltimore. Located at 511 Chelsea Road,...
Brookfield, Longpoint JV recapitalizes 3.8 msf US logistics portfolio
Boston-based real estate investment company Longpoint Partners has formed a joint venture with Brookfield's real estate secondaries business. The joint venture has recapitalized a...
