Peninsula Land & Capital has acquired 505 Montgomery St., a 24-story tower in San Francisco’s Financial District, for $105 million. Led by Palo Alto, Calif.-based investor Roger Fields, Peninsula Land & Capital’s purchase is just…
Author: Matthew Preston
Southwest Value Partners has acquired a six-building Phoenix office portfolio from City Office real estate investment trust (REIT) for $266 million in one of the larger office sales in the metro in recent years. The…
DC BLOX has secured $1.15 billion in green loan financing to continue construction of its Atlanta West Hyperscale Campus in Lithia Springs in Douglas County. The 54-acre site will total about 1.25 million square feet…
Apollo Global Management has agreed to acquire a majority interest in Stream Data Centers from Stream Realty Partners with plans to add 650 megawatts of new hyperscale capacity in Chicago, Atlanta and Dallas. The transaction…
CoreWeave has taken another step in its strategy to move from leasing to owning data center capacity by acquiring a Kenilworth, N.J., facility that it began leasing less than a year ago. The Livingston, N.J.-based…
The Durst Organization has arranged a $1.3 billion loan backed by commercial mortgage-backed securities for its One Five One office tower in Times Square. Financing for the 48-story, 1.8-million-square-foot building in Manhattan will be provided…
Ackerman & Co., in partnership with Belgian investor Baltisse, has acquired Midway Business Park, a 12-building, 258,846-square-foot industrial portfolio in East Fort Worth, Texas. The deal closed in July and marks Ackerman’s second major industrial…
Lovett Industrial broke ground last week on the second phase of its 610 Business District in Houston. The new phase will add 537,000 square feet across four shallow-bay buildings that are between 53,000 and 219,000…
Electric vehicle maker Rivian is establishing its East Coast headquarters in Atlanta by leasing 45,000 square feet at Junction Krog District, a newly built office building along the BeltLine’s Eastside Trail. The company announced the…
Office-to-residential conversions have long been discussed as a potential solution to underused office stock. Now, in Manhattan, N.Y., that conversation is starting to turn into real movement. Developers are acting on both recent city-led initiatives…
