Barbra Murray
Dexus to Buy Australian Industrial Assets for $120M
In separate transactions, the Sydney-based investment vehicle will add facilities totaling 762,600 square feet in Victoria and New South Wales to its portfolio.
Major China Coworking Firm Inks Merger Deal
Ucommune entered into a definitive agreement with Orisun Acquisition Corp. to create a combined company, Ucommune International, with a pro forma firm value of $769 million.
Centene Plans $1B Regional HQ in Charlotte
The health-care administration company will build its new 1 million-square-foot East Coast headquarters campus in the University City submarket.
Black Creek Inks 200 KSF Industrial Lease
Teltech Group will occupy the entire DFW North IV facility in Flower Mound, Texas, near Dallas Fort Worth International Airport.
BioMed Realty Lands $165M in Financing for Bay Area Asset
With the assistance of Newmark Knight Frank, the company secured a loan for its fully leased life sciences building in Emeryville, Calif.
Host Hotels & Resorts Amends $2.5B Credit Agreement
The REIT altered terms of its $1.5 billion revolving credit facility and two $500 million term loans to preserve liquidity and bolster flexibility at a challenging time for the hotel industry.
Hilco Redevelopment Partners Buys Refinery Site for $226M
The investor-developer plans to transform the former Philadelphia Energy Solutions complex, which closed in 2019, into a 1,300-acre multi-modal logistics hub.
Counselors Reveal CRE’s Top 10 Issues for 2020-21
COVID-19 replaces infrastructure as the No. 1 topic in The Counselors of Real Estate’s annual survey.
Construction Slump Likely to Linger
The American Institute of Architects’ monthly Architecture Billings Index indicates that activity has yet to rebound from its pandemic-induced decline.
Walker & Dunlop Expands With Purchase of NYC Firm
The commercial real estate finance company has acquired Beler Advisory Group, a boutique agency established by an industry veteran and JLL alumnus.