Barbra Murray
FRP Sells $347M Multi-State Industrial Portfolio
The 3.6 million-square-foot group of assets, located across three Mid-Atlantic states, includes 40 warehouse and warehouse/office properties, as well as three land parcels.
Swift Real Estate Grabs $110M San Francisco Tower
The subdivided condominium interest in the 219,700-square-foot building at 1390 Market St. last traded in 2007 in a deal valued at $42.7 million.
UBS Trades DC Office Asset for $54M
Representing the property owner, HFF secured a buyer for the 110,000-square-foot building and orchestrated acquisition financing on behalf of the investor.
Trammell Crow JV to Develop 709 KSF Office Tower in Austin
Scheduled for completion in 2021, the 36-story development will be the tallest and largest office building in the metro and will include more than 10,000 square feet of retail space.
Simon Property Group to Spend $4B on Experiential Upgrades
The retail and mixed-use property developer will transform some of its most notable assets with a mix of new offerings ranging from progressive restaurant concepts to premier hotels.
Latest Colliers Investment Nears Half-Billion
The commercial real estate services firm will acquire a majority stake in Harrison Street Real Estate Capital, a firm with approximately $14.6 billion in assets under management.
Blackstone’s International Market Centers to Buy AmericasMart
The merger, expected to close in the third quarter, will yield a company with 20 million square feet of permanent showroom accommodations.
Fostering Employee Longevity in Today’s Career Environment
Bill Passo, founder & CEO of Passco Cos., discusses with CPE employee longevity in the commercial real estate industry—how it’s changed and ways to cultivate it.
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
Wyndham Closes $1.3B Sale of European Vacation Business
Private equity firm Platinum Equity acquired the concern, which is the largest manager of holiday rentals in the region. The deal comprises more than 110,000 units in 25 countries.