Spanish billionaire Amancio Ortega, founder of Inditex (the global fashion group behind Zara) has expanded his south Florida holdings. Through his family investment office, Ponte Gadea USA, Ortega acquired the Sabadell Financial Center — a…
Author: Matthew Preston
SL Green Realty Corp.’s 919 Third Ave. has achieved 100% occupancy after the New York State Office of General Services (OGS) expanded its lease by 66,106 square feet across the 46th and 47th floors. The…
The Dallas office market has shown robust investor confidence through August 2025 with year-to-date sales totaling $1.46 billion, according to Yardi Research Data. That’s a sharp jump from the $107 million recorded in all of…
Rithm Capital, traditionally focused on mortgage lending and credit investments, recently announced that it would acquire Paramount Group, a REIT with 13 owned and four managed Class A office properties totaling 13.1 million square feet…
Manhattan, N.Y., became the first major U.S. office market to climb back above its pre-pandemic attendance baseline. In July, office visits in New York City overall ran 1.3% higher than the same month in 2019,…
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…
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…
