Tag: US reit news
City Office REIT to sell life science portfolio for $576m
City Office REIT, Inc. has entered into definitive agreements to sell all of its holdings in the Sorrento Mesa submarket of San Diego for $576 million.
The transactions...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Blackwells makes all cash offer to acquire Monmouth
Alternative investment management firm Blackwells Capital LLC has made an approximately $3.8 billion all-cash offer to the Monmouth Real Estate Investment Corporation's Board of Directors to...
Simon Property Group to acquire Taubman Centers in $3.6bn deal
Simon Property Group will acquire an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) in a deal valued at about $3.6...
Pebblebrook Hotel Trust sells Hotel Palomar Washington
Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million.
The sale price of $141.5 million reflects a 14.9x EBITDA multiple...
JLL Income sells office building in San Francisco
JLL Income Property Trust has sold a multi-tenant office building, 111 Sutter Street, in San Francisco for $227 million.The asset was the largest single...
